Mr. Farshad Shirvani reports

NEW ZINC-SILVER ZONE AT RED SPRING, SOIL SAMPLED AS HIGH AS 1.55% ZINC, 7.94 OZ/T SILVER AND 3.89% COPPER

Doubleview Capital Corp. has recognized a previously unknown zinc and silver zone located south of the historic Red Spring deposit located in north-central British Columbia. Analyses of soil geochemical samples from a late 2016 program returned samples with values as high as 1.55 per cent zinc, 225 grams per tonne (7.94 ounces per ton) silver and 3.89 per cent copper.

The apparent zinc-silver zone is a 350-metre offset from the previously identified copper-silver zone and, as defined by the recent sampling, has dimensions of approximately 400 metres by 350 metres. The zone is open to extension to the east, south and southwest of the surveyed area.

The Red Spring copper-silver and zinc-silver zones may be viewed at the company's website.

The soil geochemical sampling program conducted in late 2016 comprised 293 samples and covered an area with approximate dimensions of 750 m by 1,000 m and partly overlays the Red Spring copper-silver deposit where historic work, including eight shallow drill holes, explored copper and silver mineralization that, on the basis of drill core analyses, reportedly intersected high values in both metals over thicknesses from 11.9 m (39 feet) to 50.3 m (165 feet) in an area with approximate dimensions of 750 m by 350 m. Copper and silver values from historic drill hole intercepts are shown in the table.

           HIGHLIGHTS OF SIGNIFICANT HISTORIC DRILL RESULTS

Drill hole        From (ft)  To (ft)   Length (ft)   Cu (%)   Ag (oz/t)

73-2                    10      140           130     0.56        0.32
73-3                     6      142           136     0.54        0.61
73-5                     5      170           165     0.47        0.16
73-6                     3      150           147     0.47        0.28
73-7                     3      160           157     0.30        0.14
73-9                    11       50            39     0.59        0.39

Red Spring deposit

The Red Spring copper-silver property is located 120 kilometres north of Smithers, B.C. Mineralization occurs within interbedded volcanic, volcaniclastic and sedimentary rocks of the Jurassic age Hazelton group, close to the eastern edge of the Bowser sedimentary basin. Previous exploration was directed to a dolomitic limestone formation that carries finely disseminated silver-rich chalcopyrite. Historic drill hole analytical data do not include gold values but limited metallurgical studies by a previous operator reported low but significant gold values. Doubleview is planning a 2017 program of fieldwork that includes drilling to confirm and expand the historic copper-silver area and investigate the newly found area that is strongly anomalous in zinc.

Caution: The Red Spring property is an early-stage exploration project and there has been insufficient exploration to define a mineral resource as defined by guidelines of National Instrument 43-101 and Canadian Institute of Mining, Metallurgy and Petroleum mineral resource reporting standards. It is uncertain that further exploration will result in definition of a mineral resource. The drill core analytical values in the table are from historic data and have not been independently verified by Doubleview. The reported historic values should not be relied upon in any evaluation of the Red Spring deposit.

Quality assurance/quality control

All samples were analyzed by an independent accredited analytical laboratory that provided analyses for 52 elements using ultratrace level ICP-AES/MS methods. Overlimit samples for silver, copper and zinc were analyzed by ICP-AES, ore grade. The laboratory employed industry-standard methods of quality control to ensure the reliability of the analytical data.

Erik Ostensoe, PGeo, a consulting geologist and Doubleview's qualified person with respect to the Red Spring 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 both a shareholder of the company and a co-optioner of the Red Spring property.

About Doubleview Capital Corp.

Doubleview Capital, a mineral resource exploration and development company, is based in Vancouver, B.C., Canada, and is publicly traded on the TSX Venture Exchange. Doubleview identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia. Doubleview increases shareholder value through acquisition and exploration of quality gold, copper and silver properties, and the application of advanced state-of-the-art exploration methods. The company's portfolio of strategic properties provides diversification and mitigates investment risk.

We seek Safe Harbor.