Levon Resources Ltd. Announces CAD$30 Million Bought Deal Financing

VANCOUVER, April 11 /CNW/ --
/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

VANCOUVER, April 11 /CNW/ - Levon Resources Ltd. (the 'Company') (TSXV: LVN) is pleased to announce that it has entered into an agreement with a
syndicate of underwriters led by Canaccord Genuity Corp. and including
Jennings Capital Inc. and Macquarie Capital Markets Canada Inc. (the
'Underwriters'), pursuant to which the Underwriters have agreed to
purchase, on a bought deal basis, pursuant to a short form prospectus,
15,400,000 common shares (the 'Common Shares') of the Company at a price of
CAD$1.95 per share for gross proceeds of CAD$30,030,000 (the 'Underwritten
Offering').  In addition, the Company will grant the Underwriters an
over-allotment option, exercisable for a period of up to 30 days after
the closing of the Underwritten Offering, to purchase from the Company
up to an additional 2,310,000 common shares at CAD$1.95 per share to cover over-allotments (the
'Over-Allotment Option', and together with the Underwritten Offering,
the 'Offering').

The Underwriters will receive a cash commission of 5% of the gross
proceeds raised, and share purchase warrants entitling the Underwriters
to purchase, at a price of $1.95 per share within 18 months after
closing of the Offering, common shares of the Company equal to 5% of
the aggregate number of securities sold pursuant to the Offering.

The Company intends to use the net proceeds of the Offering to fund the
exploration and development of the Company's Cordero project in Mexico
and for general corporate purposes.

Closing of the Offering is anticipated to occur on or before May 10,
2011 and is subject to certain conditions including, but not limited to
the receipt of applicable regulatory approvals including approval of
the TSX Venture Exchange.

This news release does not constitute an offer to sell or a solicitation
of an offer to buy nor shall there be any sale of any of the Common
Shares in any jurisdiction in which such offer, solicitation or sale
would be unlawful.  The Common Shares have not been and will not be
registered under the United States Securities Act of 1933, as amended
(the 'U.S. Securities Act') or any state securities laws and may not be
offered or sold within the United States or to, or for the benefit of,
U.S. persons (as defined in Regulation S under the U.S. Securities Act)
unless registered under the U.S. Securities Act and applicable state
securities laws or pursuant to an exemption from such registration
requirements.

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 Norma Sass and Ruf claims located near
the Pipeline gold deposit, which is being mined and explored by Barrick
Gold Corporation in the heart of the Cortez Gold Trend in Lander
County, Nevada, USA. 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'


______________________________


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.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATORY AUTHORITY ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE

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For further information contact Levon Resources Ltd. at (604) 682-3701, or log onto our website www.levon.com.