Levon Resources (LVN-T) April 21, '16 has acquired ownership and control of 3,000,000 common shares in the capital of Great Thunder Gold (GTG-V), at a deemed price of $0.05 per share, as consideration for the sale by Levon to the Issuer of Levon's 50% interest in the BRX Property located in the Lillooet mining division of southwestern British Columbia, on April 20, 2016.
The 3,000,000 common shares acquired by Levon represent approximately 15.01% of the Issuer's issued and outstanding common shares as of the date hereof. Prior to the acquisition of the 3,000,000 common shares, Levon held 11,632 common shares. Levon now owns a total of 3,011,632 common shares, representing approximately 15.06% of the Issuer's issued and outstanding common shares as of the date hereof. The common shares of the Issuer are listed on the TSX Venture Exchange
The common shares will be held by Levon for investment purposes. Levon may, depending on market and other conditions, increase or decrease its beneficial ownership of the Issuer's securities, whether in the open market, by privately negotiated agreements or otherwise, subject to a number of factors, including general market conditions and other available investment and business opportunities.
Levon has relied on the exemption from prospectus requirements contained in Section 2.13 of National Instrument 45-106 - Prospectus Exemptions in connection with this acquisition.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Levon Resources Ltd.
Suite 500 - 666 Burrard Street Vancouver, B.C.
V6C 2X8
Telephone No. 778-379-0040 |
