Mr. Farshad Shirvani reports

DOUBLEVIEW CAPITAL CORP. (TSX-V: DBV) OPTIONS THE RED SPRING COPPER-SILVER-GOLD PROPERTY TO INCREASE ITS COPPER PROPERTY ASSETS

Doubleview Capital Corp. has entered into an option agreement to earn a 90-per-cent interest in the Red Spring copper-silver-gold property from Farshad Shirvani (president and chief executive officer) (45 per cent), Peter Burjoski (45 per cent) and Erik Ostensoe, PGeo (10 per cent). The optioned property enhances Doubleview's portfolio of copper properties in British Columbia where the Hat Copper-Gold property remains the main focus of exploration. Doubleview is currently arranging financing to continue exploring the Hat property by geophysical surveys and diamond drilling.The Red Spring Copper-Silver-Gold Property comprises 1,349 hectares and is located 120 km north of Smithers, in the Omineca Mining District of British Columbia. Subject to TSX Venture Exchange (the "Exchange") approval, option agreement terms and commitments are:150,000 shares of Doubleview on Exchange approval, cash payment of $7,000 to Vendors and conduct $100,000 work program on the property before the first anniversary of the agreement,2.100,000 shares of Doubleview on the first anniversary of signing, and $15,000 in cash payment to Vendors and conduct an additional $100,000 work program on the property before the second anniversary of the agreement,3.150,000 shares of Doubleview on the second anniversary of signing, and $25,000 in cash payment to Vendors and conduct an additional $100,000 work program on the property before the third anniversary of the agreement,4.200,000 shares of Doubleview on the third anniversary of signing, and $35,000 in cash payment to Vendors and conduct an additional $100,000 work program on the property before the fourth anniversary of the agreement ,5.300,000 shares of Doubleview on the fourth anniversary of signing, and $45,000 in cash payment to Vendors and conduct an additional $250,000 work program on the property before the fifth anniversary of the agreement.Vendors will retain a 2.5% NSR ("Net Smelter Royalty") on the Red Spring Copper-Silver-Gold property of which Doubleview can purchase 50% for $1,500,000.

The option agreement and the transaction contemplated therein are subject to the approval of the TSX Venture Exchange.About the