VANCOUVER, BC--(Marketwired - December 12, 2016) - Doubleview Capital Corp. ("Doubleview") (TSX VENTURE: DBV), (OTCBB: DBLVF), (GER: A1W038) is pleased to announce that it has completed 5 diamond drill holes at the Hat gold-rich Copper Porphyry Project in northwest British Columbia, 75 miles northwest of the Red Chris mine.

A total of 2,020 meters of drilling was variously directed to the northern part of the Lisle Zone while also testing for the first time two very prospective areas of the broad Hat porphyry corridor: - the western part of Anomaly E located immediately northeast of the Lisle Zone, and the northwest edge of Anomaly F, more than 1 km south of the deposit.

Mr. Farshad Shirvani, President and CEO, commented: "The exploration model of a gold-copper alkalic porphyry deposit has been strengthened and valuable newly-acquired data will be added to our conceptual model. We eagerly anticipate drill results. Despite challenging winter conditions, work was completed with peak efficiency, record low overall costs, and a perfect safety record. I commend the work of our crews who now break for the holiday season."

Drill cores have been sampled and all samples have been forwarded to an accredited independent analytical laboratory for preparation and analysis. Results will be provided as soon as they are received, verified and interpreted.

The directors and employees of Doubleview Capital take this opportunity to wish all shareholders and associates a very enjoyable holiday season and to remind them that the Company's Annual General Meeting will be conducted on Thursday, December 29, 2016, at Suite 704, 595 Howe Street, Vancouver, B.C. Shareholders are urged to review the recently delivered Information Circular. If unable to attend the meeting, shareholders are encouraged to submit the duly completed proxy form in accordance with instructions provided.

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 VENTURE: DBV), (OTCBB: DBLVF), (GER: A1W038). 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

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.

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.