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Levon Resources To Raise C$30 Million in Discounted Bought Deal
Apr. 11, 2011 07:40AM PST
Precious MetalsReuters reported that Levon Resources (CVE:LVN) is raising $30 million to fund exploration at the Mexico-based Cordero project.
Reuters reported that Levon Resources (TSXV:LVN) is raising $30 million to fund exploration at the Mexico-based Cordero project.
The market news is quoted as saying:
Levon, which is focused on the Cordero silver, gold, zinc and lead project in the Latin American country, said a syndicate of underwriters led by Canaccord Genuity Corp agreed to buy about 15.4 million shares at C$1.95 a share.
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