10:55 AM EST - Doubleview Capital Corp. : Has entered into an option agreement with a private company in respect of Doubleview's Red Spring Copper-Silver-Zinc Project, located 120 km north of Smithers, B.C. The private company was acquired by Mucho Cobre Resources Inc. earlier this month. Under the terms of the Option Agreement, Mucho Cobre will be the operator and has the right to earn up to a 60% interest in the Red Spring over five years as follows: paying an aggregate of $500,000 to Doubleview, incurring $4,000,000 on exploration and issuing an aggregate of 2,000,000 common shares to Doubleview. Exploration tax credits incurred on the Red Spring property will be shared by the parties. Doubleview Capital Corp.
shares V.DBV are trading unchanged at $0.14.
