Doubleview Receives $533,502.73 in Refunds
Vancouver, BC / TheNewswire / Doubleview Capital Corp. ("Doubleview") ([TSX-V: DBV], [OTC: DBLVF], [GER: 1D4]) is pleased to announce the receipt of $533,502.73 from the British Columbia Mining Exploration Tax Credit (BC METC) and GST refund programs. The BC METC provides benefits to individuals, partnerships and corporations doing BC grassroots mining exploration and is equal to 20% of eligible expenditures (30% for Mountain Pine Beetle affected areas). Eligible expenses are defined as those costs incurred in B. C. for the purpose of determining the existence, location, extent or quality of a mineral resource in B. C.
Doubleview received $203,108.80 for 2013 and $281,812.57 for 2014 METC. GST refund was $48,581.73.
Doubleview will apply available funds received to further drilling and other exploration of its Hat Project gold-copper porphyry property located in northwestern British Columbia, and to general corporate expenses.
About Doubleview Capital Corp.
Doubleview Capital Corp., a mineral resource exploration and development company, is based in Vancouver, British Columbia, Canada, and is publicly traded on the TSX-Venture Exchange [TSX-V: DBV], [OTC: DBLVF], [GER: 1D4]. 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.
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
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Doubleview cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Doubleview's control. Such factors include, among other things: risks and uncertainties relating to Doubleview's limited operating history and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, Doubleview undertakes no obligation to publicly update or revise forward-looking information.
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