Levon Resources Ltd.
TSX VENTURE : LVN
BERLIN : LO9
FRANKFURT : LO9

Levon Resources Ltd.

December 09, 2009 09:48 ET

Levon Receives Proceeds From the Exercise of 1.6 Million Warrants

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 9, 2009) - Levon Resources Ltd. ("Levon") (TSX VENTURE:LVN)(BERLIN:LO9)(FRANKFURT:LO9) is pleased to announce that it has received the proceeds from Bolder Investment Partners for the exercise of the 1,600,000 Warrants at .35 cents which they held on behalf of their clients. The Warrants were part of a unit from the last financing leaving 900,000 Warrants left to be exercised by the remaining investors.

The funds will be used for the completion of the Earn-In of the 51% of the Cordero Project and for general working capital.

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. The Norma Sass and Ruf claims located near the Pipeline gold deposit, which is being mined and explored by Barrick Gold Corporation in the heart of the Cortez Gold Trend in Lander County, Nevada, USA. The Company also holds key land positions at Congress, BRX, and Wayside in the productive Bralorne Gold camp of British Columbia, Canada.

LEVON RESOURCES LTD.

Ron Tremblay, President and CEO

This release contains statements that are forward-looking statements and are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Company's periodic filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward-looking statement.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Levon Resources Ltd.
    Ron Tremblay
    President and CEO
    (604) 682-3701
    (604) 682-3600 (FAX)
    www.levon.com