Levon Resources

Published : July 02nd, 2015

Provides Update Regarding Closing of Arrangement with Scivac Ltd.

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Keywords :   G Mexico | Gold | Lead | Mexico | Precious Metals | Silver | Zinc |

Levon Provides Update Regarding Closing of Arrangement with Scivac Ltd.

    Levon Resources Ltd. ("Levon" or the "Company") is pleased to announce that it has received the conditional approval of the Toronto Stock Exchange ("TSX") for the listing of a new class of common shares (the "New Levon Shares") following the completion of the previously announced plan of arrangement (the "Arrangement") involving SciVac Ltd., Levon and 1027949 B.C. Ltd., which was approved by Levon securityholders on June 3, 2015.

    The receipt of TSX conditional approval was a condition to the completion of the Arrangement. The Company expects to issue a further announcement shortly confirming the date on which the Arrangement will be completed and the date the New Levon Shares are expected to commence trading on the TSX.

    For details of the Arrangement, please see Levon's management information circular dated May 1, 2015 and Levon's press release dated March 20, 2015, both of which have been filed on Levon's profile on SEDAR at www.sedar.com.

    About Levon Resources Ltd.

    Levon is a gold and precious metals exploration Company, exploring the Company's 100% owned flagship Cordero bulk tonnage silver, gold, zinc, and lead project near Hidalgo Del Parral, Chihuahua, Mexico.

    For further information, contact Levon's Investor Relations directly at 604-682-2991 or the main office number at 778-379-0040.

    ON BEHALF OF THE BOARD
    "Ron Tremblay"
    Ron Tremblay
    President and Chief Executive Officer


    Safe Harbour Statement - This news release contains "forward-looking information" and "forward-looking statements" (together, the "forward looking statements") within the meaning of applicable securities laws and the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements, include, but are not limited to, statements regarding the completion of the Arrangement and the listing and trading of the New Levon Shares on the TSX and are made as of the date of this news release. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the future circumstances, outcomes or results anticipated in or implied by such forward-looking statements will occur or that plans, intentions or expectations upon which the forward-looking statements are based will occur. While we have based these forward-looking statements on our expectations about future events as at the date that such statements were prepared, the statements are not a guarantee that such future events will occur and are subject to risks, uncertainties, assumptions and other factors which could cause events or outcomes to differ materially from those expressed or implied by such forward-looking statements.

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

    EXPLORATION STAGE
    CODE : LVN.V
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    Levon is a silver and zinc development stage company based in Canada.

    Levon holds various exploration projects in Canada.

    Its main exploration properties are CONGRESS PROPERTY, EAGLE CLAIMS (CORRALL CANYON), NORMA SASS CLAIMS, RUF, BRX (GOLD BRIDGE AREA) and MT. POLLEY in Canada and CORDERO-SANSON in Mexico.

    Levon is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 186.9 millions as of today (US$ 187.0 millions, € 141.7 millions).

    Its stock quote reached its lowest recent point on January 23, 2009 at CA$ 0.05, and its highest recent level on April 21, 2011 at CA$ 2.38.

    Levon has 198 821 000 shares outstanding.

    Your feedback is appreciated, please leave a comment or rate this article.
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    Annual reports of Levon Resources
    2008 Annual report
    Annual Reprot 2007
    Financings of Levon Resources
    7/31/2009Closes $800,000 Non Brokered Private Placement
    6/22/2009Non-brokered private placement to advance Cordero project an...
    Nominations of Levon Resources
    3/29/2011WELCOMES TWO NEW BOARD MEMBERS
    2/24/2009APPOINTMENT OF VICE PRESIDENT - EXPLORATION
    9/10/2007NEW APPOINTMENT TO THE BOARD OF DIRECTORS
    Project news of Levon Resources
    4/5/2017to Complete Resource Infill Drilling to Test a Starter Pit S...
    5/5/2011(Congress Property)Clarifies Technical Disclosure Related to Its Congress Prope...
    3/17/2011(Cordero-sanson)Discovers High Grade Contact Replacement Style Mineralizatio...
    4/7/2010(Cordero-sanson)Phase 2 Drilling at Cordero Project
    9/2/2009(Cordero-sanson)Trenching expands targets at Cordero Project, Mexico
    6/10/2009(Cordero-sanson)Exploration at Cordero Discovers New Zone and Expands the Di...
    3/2/2009(Cordero-sanson) & Valley High Begin Work at the Cordero Silver, Gold, Lead,...
    Corporate news of Levon Resources
    6/27/2011LEVON'S WARRANTS EXERCISED IN FULL
    6/21/2011Reports First Bulk Tonnage NI 43-101 Compliant Resource at I...
    5/19/2011ANNOUNCES CLOSING OF $40,170,000 OFFERING
    4/30/2011Accelerates the Expiry of Former Valley High Warrants
    4/28/2011ACCELERATES EXPIRY OF WARRANTS
    4/13/2011We Will Be Moving Thursday April 14th
    4/11/2011RESOURCED LTD. INCREASES SIZE OF BOUGHT DEAL FINANCING TO $4...
    3/26/2011COMPLETES ACQUISITION OF VALLEY HIGH VENTURES
    3/22/2011ANNOUNCES THAT VALLEY HIGH SHAREHOLDERS AND OPTION HOLDERS A...
    2/12/2009JOINT VENTURE WITH VALLEY HIGH VENTURES AT THE CORDERO PROPE...
    1/23/2009EARLY WARNING REPORT
    11/5/2008Letter to the Shareholders
    9/24/2008CONGRESS PROPERTY, BC DRILLING SUMMARY REPORT RELEASED
    8/28/2007Announces Investor Relations Agreement
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    TSX-V (LVN.V)FRANKFURT (LO9.F)
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