Levon Resources Ltd. has arranged a private placement of 487,572 units at a price of $0.35 per unit, each unit consisting of one common share and one transferable share purchase warrant. Each warrant will entitle the investor to purchase one additional share at a price of $0.40 for one year from the date of closing.
The net proceeds of the offering will be used for exploration and general working capital requirements.
The above transactions will be subject to regulatory approval.
On Behalf of the Board:
Ron Tremblay, President
The TSX Venture Exchange has not reviewed and does not accept the responsibility for the accuracy or adequacy of this release.