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LVN Levon Resources Ltd.

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Share Name Share Symbol Market Type
Levon Resources Ltd. TSXV:LVN TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Levon Accelerates the Expiry of Former Valley High Warrants

30/04/2011 12:54am

Marketwired Canada


Levon Resources Ltd. (TSX VENTURE:LVN)(BERLIN:LO9)(FRANKFURT:LO9) ("Levon" or
the "Company") announces that it is accelerating the expiry date of the warrants
(the "Warrants") issued on October 8, 2010 pursuant to the terms of the share
purchase warrant certificate (the "Warrant Certificate").


Pursuant to the terms of the Warrant Certificate, in the event that, at any time
after February 9, 2011, the Company's common shares trade on the TSX Venture
Exchange at a volume weighted average price of $2.00 or more for a period of
twenty (20) consecutive trading days, the Company may accelerate the expiry date
of the Warrants to a date that is thirty calendar days from the date of notice
of such acceleration.


The Company has elected to provide notice of the acceleration of the expiry date
of the Warrants to the holders of the Warrants. Each Warrant entitles the holder
to acquire one common share of the Company at a price of $0.92 on or before 5:00
p.m. (Vancouver time) on June 2, 2011. Warrants that are not exercised by June
2, 2011 will expire and will thereafter be void and of no value or effect.


If all of the Warrants are exercised, the Company will receive proceeds of
approximately $2,833,600 and will issue a total of 3,080,000 common shares.


About Levon Resources Ltd.:

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 Company also holds interests in three mineral properties located in
Nevada, U.S.A. - Eagle Claims, Norma Sass and Ruf claims. 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.


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