Levon Resources (LVN-T) July 7, '15 wishes to update securityholders on the expected listing date of the new class of common shares (the "New Levon Shares") of Levon and the common shares (the "Spinco Shares") of 1027949 B.C. Ltd. ("Spinco") on the Toronto Stock Exchange ("TSX") following completion of the previously announced plan of arrangement (the "Arrangement") involving SciVac Ltd., Levon and Spinco, which is expected to complete on July 9, 2015.
Upon completion of the Arrangement, the current Levon common shares (the "Old Levon Shares") will continue to trade on the TSX under the trading symbol "LVN" for 3 business days, but will represent rights of shareholders to receive New Levon Shares and Spinco Shares immediately upon Listing. Assuming completion of the Arrangement on July 9, 2015 and subject to the receipt of final approval of the TSX, the New Levon Shares and the Spinco Shares are expected to commence trading on the TSX on or about July 14, 2015 under the trading symbols "VAC" and "LVN", respectively. The Old Levon Shares are expected to cease to be listed for trading on the TSX on or about the close of business on July 13, 2015.
Upon completion of the Arrangement Levon will change its name to "SciVac Therapeutics Inc." and Spinco will change its name to "Levon Resources Ltd.".
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.
ON BEHALF OF THE BOARD
Ron Tremblay, President and Chief Executive Officer
Levon Resources Ltd.
Investor Relations
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Levon Resources Ltd.
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