Friday, October 24, 2014 8:08:19 AM
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 24, 2014) - Levon Resources Ltd. (the Company) (TSX:LVN)(OTCQX:LVNVF)(BERLIN: LO9)(FRANKFURT:LO9) is pleased to announce it is undertaking a USD $1 million private placement (the "Placement").
A total of 4,400,000 common shares of Levon will be issued in the Placement at a price of CAD $0.25 per share. To Levon's knowledge, no new insiders of Levon will be created as a result of the Placement. Completion of the Placement is subject to the approval of the Toronto Stock Exchange.
The common shares to be sold in the Placement have not been registered under the United States Securities Act of 1933, as amended, or any applicable state securities laws and may not be offered or sold in the United States unless registered under the Securities Act or pursuant to an exemption from such registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the foregoing securities in any jurisdiction, including in the United States, in which such offer, solicitation or sale would be unlawful.
About Levon Resources Ltd.
Levon is a gold and precious metals exploration Company, exploring the company's 100% owned flagship Cordero bulk tonnage silver, gold, zinc, and lead project near Hidalgo Del Parral, Chihuahua, Mexico.
ON BEHALF OF THE BOARD
Ron Tremblay, President and Chief Executive Officer
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