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File: NR_20160502.Stock Options.v1.docx

Date: May 2, 2016

Doubleview Grants New Options and Re-Prices Existing Stock Options

Doubleview Capital Corp. ("Doubleview") ([TSX-V: DBV], [OTC: DBLVF], [GER: 1D4]) announces that it has granted a total
---> of 700,000 stock options to officers, directors and consultants and employees of Doubleview.  The options were grante
--->d for a period of 5 years, expiring on May 2, 2021, and each stock option will allow the holder to purchase a common s
--->hare of Doubleview at an exercise price of $0.10.

Doubleview also announces that the directors of Doubleview have approved the re-pricing of 1,735,000 outstanding stock
---> options from an exercise price of $0.25 (in respect of 200,000 options) and $0.20 (in respect of 1,535,000 options) t
--->o $0.10.  The stock options will continue to expire on February 15, 2019 (in respect of 200,000 options) and May 20, 2
--->019 (in respect of 1,535,000 options).  Of the outstanding stock options, 1,050,000 stock options are currently held b
--->y insiders of Doubleview.  The re-pricing of the stock options is subject to disinterested shareholder approval at Dou
--->bleview's next annual general and the approval of the TSX Venture Exchange.

About Doubleview Capital Corp.
Doubleview Capital Corp., a mineral resource exploration and development company, is based in Vancouver, British Colum
--->bia, Canada, and is publicly traded on the TSX-Venture Exchange [TSX-V: DBV], [OTC: DBLVF], [GER: 1D4]. Doubleview ide
--->ntifies, 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 silve
--->r properties and the application of advanced state-of-the-art exploration methods. The Company's portfolio of strategi
--->c properties provides diversification and mitigates investment risk.

On behalf of the Board of Directors, Farshad Shirvani, President & Chief Executive Officer 

For further information please contact:
Doubleview Capital Corp. 409 Granville St., Suite #880 Vancouver, BC V6C 1T2
Farshad Shirvani, President & CEO T: (604) 678-9587 E: corporate@doubleview.ca

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX 
--->VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.