Lebon Gold Mines Limited
CNQ : LBON

November 28, 2006 17:36 ET

Lebon Arranges Non-Brokered Private Placement

TORONTO, ONTARIO--(CCNMatthews - Nov. 28, 2006) - Robert Eadie, newly-appointed President of Lebon Gold Mines Limited (CNQ:LBON) announces that the Company has arranged a non-brokered private placement involving the issuance of up to 7.5 million shares at a price of $0.22 per share.

The gross proceeds of the financing ($1,650,000) will be added to general working capital, and for other opportunities that will increase the Company's asset base.

A finder's fee will apply for this financing in accordance with CNQ policies.

ON BEHALF OF THE BOARD

Robert Eadie, President

Shares Outstanding: 5,127,687


Contact Information

  • Lebon Gold Mines Limited
    Robert Eadie
    President
    1-866-602-4935
    or
    Lebon Gold Mines Limited
    Andrew Cook
    1-866-602-4935