Mr. Farshad Shirvani reports

DOUBLEVIEW EXTENDS THE LISLE ZONE BY 70M TO EAST AND 200M TO NORTH, WITH GOOD MINERALIZATION

Doubleview Capital Corp.'s drill holes H27 and H28 have further extended the main Lisle zone dimensions to 420 metres (1,377 feet) east-west and 520 m (1,700 feet) north-south. H27 intersected 412.75 m at 0.34 per cent copper equivalent, including 256.24 m at 0.42 per cent CuEq, and H28 intersected 106.85 m 0.36 per cent CuEq in a longer mineralized section of 302.5 m at 0.24 per cent CuEq (see table).

The November, 2016, drilling program comprised 2,020 metres of drilling in five holes. Partial analytical results were included in Doubleview's Feb. 15, 2017, news release. The remaining results have now been checked and added to Doubleview's technical information database. Drill holes H26 and H27 returned long intercepts of gold and copper values that were in line with those from earlier (2013 to 2015) drill holes. The majority of Doubleview's drilling has been directed to the main Lisle zone and testing the northern continuation of the Lisle zone. The Lisle zone has the appearance of an alkalic porphyry-style deposit geologically similar to several important B.C. gold-copper alkalic porphyry deposits.

Geological review of the rock units and mineralization in the recent drill holes demonstrates probable continuity between drill holes H26, H27 and H28.

Drill hole H28 was directed northerly toward the E anomaly, a possible continuation of the Lisle zone that has been offset by an as-yet poorly defined fault structure. Several long intercepts of Lisle zone-type gold-copper mineralization were returned from both shallow and deeper parts of hole H28 and a strong, two-metre-wide fault zone was encountered at about 122 m depth. The 106.8 m intercept with 0.202 gram per tonne gold, 0.214 per cent copper (2,135.9 parts per million Cu) and 0.73 g/t silver (0.36 per cent CuEq) is from the underside of the fault and is believed to be very significant -- it either extends the Lisle zone about 200 metres to the north or is at the edge of the E anomaly. Drilling ceased on Dec. 5, 2016, due to winter conditions and it was not possible to complete additional drilling to determine which of the possible interpretations is valid.

Drill hole H29 was directed to the western edge of anomaly F and did not return any significant gold or copper values. Drill hole H30, due to extreme winter conditions, was suspended before reaching the target area.

Doubleview intends to resume exploration of the Lisle zone when field conditions are suitable and also will investigate nearby areas with technically similar characteristics, including geological, geochemical, chargeability and magnetic responses.

                            DRILL HOLE DATA -- 2016 DRILLING
  
Drill hole            From (m) To (m) Length (m) Au (g/t) Cu (%) Ag (g/t)  CuEq (%)

H027                     7.57 417.30     412.75     0.20   0.20     0.47      0.34
including                7.57  36.56      28.99     0.53   0.34     1.64      0.72
including                7.57 263.81     256.24     0.24   0.24     0.58      0.42
including              112.08 263.81     151.73     0.30   0.31     0.43      0.52
including              175.02 263.81      88.79     0.46   0.47     0.50      0.79
including              175.02 401.70     226.68     0.26   0.26     0.38      0.44
including              221.58 234.32      12.74     1.33   1.37     1.15      2.30
and                    411.32 442.45      31.13     0.06   0.10     0.30      0.15
H028                     7.57  13.37       5.80     0.11   0.14     0.79      0.22
H028                   124.90 427.40     302.50     0.11   0.16     0.80      0.24
including              320.55 427.40     106.85     0.20   0.21     0.73      0.36
including              124.90 133.90       9.00     0.22   0.87     5.10      1.07
including              154.90 208.90      54.00     0.11   0.16     0.68      0.24
including              172.28 202.90      30.62     0.15   0.18     0.70      0.29
including              320.55 391.12      70.57     0.23   0.24     0.87      0.41

* True widths are unknown.
Dimensions are reported in metric units. CuEq percentage is a variable calculation 
using current prices: gold at $1,258/ounce, silver at $18.4/ounce and copper at 
$2.70/pound and should not be relied upon in a valuation of the Hat deposit.

Cautionary note

Although, as reported, gold-copper mineralization has been found over large distances, Doubleview has not proven any resources and there is no assurance that further exploration of the Hat property will result in the identification of any potentially viable mineral deposits

A drill plan is located on the website of the company.

Farshad Shirvani, president and chief executive officer of Doubleview, is very encouraged by the results from the most recent drilling and is working with the company's geological team in planning the next program of drilling. He commented that: "We are very excited to get on with our exploration of the Hat property. Work in the coming season, including drilling and, possibly, geophysics, will be critical to the future of the property and the company. One of our objectives will be to obtain sufficiently close-spaced drill hole data to enable estimation of our first resource." Mr. Shirvani also noted that the 2016 program was conducted efficiently and safely with lowest ever per-metre costs.

Quality assurance and quality control

All Hat property drill core samples were prepared and analyzed following rigorous quality assurance/quality control procedures. Drill cores were sampled on site by sawing the core lengthwise and placing one-half securely in a sample bag that was subsequently forwarded by commercial carriers to a fully accredited analytical laboratory. The remaining half core was stored on the property for possible future reference. At the laboratory samples were dried and then crushed to 70 per cent passing an 80-micron screen. A representative portion of the undersize was pulverized and a 0.5-gram subsample was processed by 3:1 aqua regia digestion followed by ICP-AES/MS analysis for 51 elements. Doubleview, in order to monitor the reliability of the laboratory's procedures and instruments, inserted certified standard samples into the sample stream, and the laboratory performed and reported duplicate analyses of Hat project samples, as well as analyses of its own standard and blank samples.

Qualified geologist

Erik Ostensoe, PGeo, a consulting geologist and Doubleview's qualified person with respect to the Hat project as defined by National Instrument 43-101, has reviewed and approved the technical contents of this news release. He is not independent of Doubleview as he is a shareholder.

About Doubleview Capital Corp.

Doubleview Capital identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia.

We seek Safe Harbor.