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    Levon Arranges $5.1 Million Financing

    Investing News Network
    May. 28, 2010 11:59AM PST
    Silver Investing

    Levon Resources Ltd. (TSX VENTURE:LVN)(BERLIN:LO9)(FRANKFURT:LO9) reported that the company has negotiated a brokered private placement for gross proceeds of $5,100,000 with Salman Partners Inc. wherein they will use their best efforts to sell up to 7,500,000 units with an oversubscription allotment of $1.0 million, in the event that subscriptions for units are greater than $5.1 million.

    Levon Resources Ltd. (TSX VENTURE:LVN)(BERLIN:LO9)(FRANKFURT:LO9) reported that the company has negotiated a brokered private placement for gross proceeds of $5,100,000 with Salman Partners Inc. wherein they will use their best efforts to sell up to 7,500,000 units with an oversubscription allotment of $1.0 million, in the event that subscriptions for units are greater than $5.1 million.

    The press release is quoted as saying:

    Levon is a junior gold and precious metals exploration company exploring the Cordero silver, gold, zinc and lead project near Hidalgo Del Parral, Chihuahua, Mexico.

    Click here to access the entire press release

    Click here to access Levon Corporate Site

    gold and precious metalssalman partnersprivate placement
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