Levon Arranges $5.1 Million Financing

- May 28th, 2010

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

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