Levon Resources Ltd. (the "Company") is pleased to announce the closing of a private placement involving the issuance of 9,550,000 Units at a price of $0.10 per Unit for gross proceeds of $955,000. Each Unit consisted of one common
share and one non-transferable share purchase warrant. Each warrant entitles the holder to purchase one additional common share in the Company for $0.12 until April 12, 2007 and thereafter at $0.15 per share until August 12, 2008. All
securities bear legends restricting resale until August 13, 2006. Finder fees of $21,800 will be paid in connection with this offering.
ON BEHALF OF THE BOARD OF DIRECTORS
This release has been prepared by management -- TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release. This document contains certain forward looking statements which involve known and unknown risks, delays, and uncertainties not under the corporations control which may cause actual
results, performance or achievements of the corporation's to be materially different from the results, performance or expectation implied by these forward looking statements