09:53 AM EST - Doubleview Capital Corp. : Has closed its previously announced non-brokered private placement financing of convertible notes in the principal amount of $450,000 U.S.. Each Note bears interest at a rate of 5% per annum, payable quarterly, and will mature and be payable eighteen months from the date of issue of the Notes. The principal amount of the Notes will be convertible into common shares at a price of $0.07866582 U.S. (being CAD $0.10) per share. Upon conversion, the holder will also receive share purchase warrants equal to 75% of the Conversion Shares, with each whole Warrant entitling the holder to purchase one additional common share of Doubleview at a price of CAD $0.15 per share for a period of 30 months from the date of issue of the Warrants. Doubleview Capital Corp.
shares V.DBV are trading up $0.02 at $0.12.
