Precious Metals

Reuters 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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