Levon Resources Ltd. (the "Company") has entered into an agreement on August 24, 2007 with Aspen Agency of London, England, to direct a corporate investor relations program throughout Europe, with a significant focus on the German equities market. Aspen Agency is arm's length to the Company and does not hold any shares or options in the Company.
Aspen Agency shall provide investor relations counsel and services to the Company to enhance the Company's profile among key financial and investment audiences in Europe. Aspen Agency will undertake a range of activities in collaboration with the Company, including the implementation and operation of investor relations awareness programs amongst institutional and private investors and European brokerage firms in Austria, Netherlands and Germany. Aspen Agency will also be involved in the introduction of the Company's profile to subscription newsletters, stock market magazines, financial publications, monitoring and initiating of exposure on leading financial community message boards in Europe and field investor relations inquiries from European current and prospective shareholders.
Aspen Agency shall be paid a fee of US$100,000, payable in full, upon approval of the TSX Venture Exchange for these services. The initial term of the Agreement shall be for a period of sixteen weeks from the date of receipt of the TSX Venture Exchange's approval, but may be terminated by either party on 15 days written notice. The Company expects to pay the costs of this Agreement from general working capital. The Agreement may be extended upon mutual agreement of the parties, and is subject to approval by the TSX Venture Exchange.
Aspen Agency is a public relations consultant that assists North American and Australian public companies position themselves throughout Europe, principally in Germany. Aspen Agency has been in the securities business for numerous years and has extensive experience in trading U.S. and Canadian securities, international finance and corporate IR/PR campaigns in Germany.
Levon Resources Ltd. is a natural resource company, primarily engaged in the acquisition, exploration and development of natural resource properties, focusing on gold exploration. Its principal business activities have been the exploration of mineral properties located in British Columbia, Canada where it has three mineral properties including the Congress, Goldbridge (also known as the BRX claims) and Wayside claims, The Company also holds certain interest in two mineral properties located in Nevada, USA which include the Eagle Claims and the Norma Sass and Ruf Claims.
For further information contact Levon Resources Ltd. at (604) 682-3701, or log onto our website www.levon.com
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.