Lydian International is pleased to announce that it has completed its previously announced bought deal offering, pursuant to which it sold 30,000,000 ordinary shares of the Company at a purchase price of C$0.55 per Ordinary Share, for aggregate gross proceeds to the Company of C$16.5 million. Scotia Capital Inc. acted as the sole bookrunner for the Offering with a syndicate that included, GMP Securities L.P., BMO Nesbitt [...]
Lydian International Limited is pleased to announce that it has entered into an agreement with a syndicate of investment dealers led by Scotia Capital Inc. and including GMP Securities L.P., BMO Capital Markets and National Bank Financial, pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 30,000,000 ordinary shares of the Company, at a price of C$0.55 per Share for aggregate gross [...]
TORONTO, ONTARIO--(Marketwired - Nov 27, 2014) - Lydian International Ltd. (TSX:LYD) ("Lydian" or "the Company") is pleased to announce that it has received approval of the Mining Right for the Amulsar Gold Project. This represents the final stage of the mining permitting process and grants the Company the right to develop the Amulsar Project in line with the parameters detailed in the feasibility study. Although the [...]
Lydian International announced today that John Naisbitt has assumed the role of Project Execution Lead for the Amulsar Gold Project. Marc Leduc, Chief Operating Officer, will be providing transition support services until the end of 2014, at which time he will leave Lydian. Mr. John A. Naisbitt has more than 35 years of increasingly responsible experience in project development, project capital management, engineering [...]
TORONTO, ONTARIO--(Marketwired - Oct 23, 2014) - Lydian International Ltd. (TSX:LYD) ("Lydian" or "the Company") is pleased to announce that it has filed a technical report ("Report") prepared in accordance with Canadian Securities Administrators' National Instrument 43-101. The Report may be found on the Company's website and under the Company's profile at www.sedar.com. The Report provides detail to the disclosure [...]
TORONTO, ONTARIO--(Marketwired - Sep 11, 2014) - Lydian International Ltd. (TSX:LYD) ("Lydian" or "the Company") today announced the results of an updated feasibility study for its 100%-owned Amulsar Gold Project in Southern Armenia. The results of the study demonstrate Amulsar as a compelling opportunity for the development of a large scale, low cost operation utilizing open pit mining and conventional heap leach [...]
TORONTO, ONTARIO--(Marketwired - Jul 2, 2014) - Lydian International Ltd. (TSX:LYD) ("Lydian" or the "Company") is providing a summary of the voting results from its 2014 Annual General Meeting of shareholders (the "Meeting") held on Thursday June 26, 2014 in Toronto, Ontario. Results of the AGM A summary of the voting results is as follows: Total shares voted: 78,024,026 Total shares issued: ...
TORONTO, ONTARIO--(Marketwired - Jun 5, 2014) - Lydian International Ltd. (TSX:LYD) ("Lydian" or "the Company") is pleased to announce that its annual meeting of shareholders (the "Meeting") will be held on Thursday, the 26th day of June, 2014, at 10:00 a.m. (Toronto Time) in the Alberta Room of the Fairmont Royal York, 100 Front Street W, Toronto, Ontario. At the Meeting, the following six individuals will be presented [...]
TORONTO, ONTARIO--(Marketwired - Apr 17, 2014) - Lydian International Ltd. (TSX:LYD) ("Lydian" or "the Company"), a gold-focused mineral exploration and development company, is pleased to announce that it has closed its previously announced private placement financing with the European Bank for Reconstruction and Development ("EBRD"), pursuant to which it issued and sold to EBRD an aggregate of 3,000,000 ordinary shares [...]
TORONTO, ONTARIO--(Marketwired - Apr 17, 2014) - Lydian International Ltd. (TSX:LYD) ("Lydian" or "the Company"), a gold-focused mineral exploration and development company, today announced that Dr. Tim Coughlin has resigned as a director of the Company, effective today. "Lydian's process of transition to a mining company is now well underway and on a strong footing," said Tim Coughlin. "It is now time for me to make way [...]
Timothy Read appointed as a director; Douglas Tobler to be Chief Financial Officer; Roderick Corrie resigns as director and Chief Financial Officer TORONTO, ONTARIO--(Marketwired - Apr 15, 2014) - Lydian International Ltd. (TSX:LYD) ("Lydian" or the "Company"), a gold-focused mineral exploration and development company, announces several key changes to the Company's board of directors and executive leadership as [...]
TORONTO, ONTARIO--(Marketwired - Mar 27, 2014) - Lydian International Ltd. (TSX:LYD) ("Lydian" or "the Company"), a gold-focused mineral exploration and development company, is pleased to announce that it has closed its previously announced private placement financing to International Finance Corporation ("IFC"), pursuant to which it issued and sold to IFC an aggregate of 1,731,000 ordinary shares of the Company at a [...]