Stone's Throw Capital Inc.

November 30, 2015 09:00 ET

Stone's Throw Capital Inc. Increases Ownership of Levon Resources Ltd.

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 30, 2015) - Stone's Throw Capital Inc. (the "Acquiror") wishes to announce that on November 27, 2015, the Acquiror acquired, by way purchase in the open market, ownership and control of 72,500 common shares ("Shares") of Levon Resources Ltd. (the "Company") at a price of $0.135 per Share.

The 72,500 common shares acquired by the Acquiror (the "Transaction") represent approximately 0.06% of the issued and outstanding common shares of the Company.

Immediately following the Transaction, the Acquiror now owns and controls 11,985,500 common shares and 5,000,000 stock options of the Company, representing approximately 10.03% (basic) and 13.64% (partially diluted, assuming the exercise of the Acquiror's stock options) of the issued and outstanding Common Shares of the Company.

The Acquiror acquired the Shares for investment purposes. The Acquiror could increase or decrease its investment in the Company depending on market conditions or any other relevant factors.

This news release is being issued pursuant to Part 3 of National Instrument 62-103 The Early Warning System and Related Take-Over Bid and Insider Reporting Issues of the Canadian Securities Administrators.

A copy of the report filed by the Acquiror in connection with the acquisition of the Common Shares is available on the Company's SEDAR profile, and it can also be obtained directly from the Acquiror by contacting him at the number shown above.

Stone's Throw Capital Inc.

Per: Ron Tremblay, Principal

Contact Information

  • Stone's Throw Capital Inc.
    Brittons Hill, St. Michael, Barbados
    (246) 437-3835