Levon Resources Ltd., (the "Company") is pleased to announce that the Private Placement announced on October 5, 2006 has been amended to increase the number of units to be sold to 3,000,000 units from 2,500,000. In all other respects the terms of the Placement announced October 5, 2006 will remain the same. Each unit will consist of one tax-flow through common share and one non-transferable share purchase warrant entitling the investor to purchase one common share at price of $0.12 during the first year and $0.15 in the second year. The placement is subject to TSX Venture Exchange approval. The TSX Venture Exchange has not reviewed and does not accept the responsibility for the accuracy or adequacy of this release. For more information please contact Ron Tremblay or David Wolfin at 604-682-3701.