Levon Resources $1 Million Private Placement Closed

Levon Resources Ltd. (TSX:LVN,OTCQX:LVNVF) announced the closing of the private placement previously announced on October 24, 2014. Levon issued 4,400,000 common shares at CAD$0.25 per share for gross proceeds of USD$1,000,000 for this financing.

As quoted in the press release:

Pursuant to the Placement, Levon issued 4,400,000 common shares at a price of CAD$0.25 per share for gross proceeds of USD$1,000,000. The common shares sold in the Placement are subject to a four month hold period under applicable Canadian securities laws which expires on March 5, 2015.

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