Lydian International Ltd.

Lydian International Ltd., a gold-focused mineral exploration and development company, today announced further metallurgical results from its Amulsar gold project in Armenia. Amulsar is a high-sulfidation style gold project which currently hosts a CIM compliant Indicated Resource of 2.1 million ounces at 0.98g/t gold, plus an Inferred Resource of 1.1 million ounces at 0.92g/t gold (0.4g/t gold cut-off grade).

TORONTO, ONTARIO -- (Marketwire) -- 03/05/12 -- Lydian International Ltd. (TSX: LYD) ('Lydian' or 'the Company'), a gold-focused mineral exploration and development company, is pleased to announce that it has appointed a highly experienced senior Mine Manager to oversee development and gold production at its Amulsar project in Armenia. The Company is also pleased to announce that it has secured the services of Endeavour

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Lydian, a gold-focused mineral exploration and development company, announced today that it has filed a preliminary short form prospectus in respect of its previously announced bought deal offering. The Company entered into an underwriting agreement with GMP Securities L.P. and Scotiabank, which have agreed to purchase 15,625,000 ordinary shares of Lydian at a purchase price of $2.56 per Ordinary Share, for aggregate [...]

Lydian International Limited. announced today that it has entered into an agreement with a syndicate of underwriters co-led by GMP Securities L.P. and Scotiabank, pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 15,625,000 ordinary shares of the Company, at a price of C$2.56 per Ordinary Share for aggregate gross proceeds to the Company of C$40,000,000 (the “Offering“).

Lydian, a gold-focused mineral exploration and development company, today announced an updated resource estimate for its Amulsar gold project in Armenia. Amulsar is a high-sulfidation style gold project which was discovered by Lydian geologists in 2006. The updated resource comprises 68.2 Mt at 1.0 g/t Au (2.1 million ounces) of Indicated Category resources and 36.1 Mt at 0.9 g/t Au (1.1 million ounces) of Inferred [...]

Lydian today announced that it has notified Newmont Overseas Exploration Limited of its intention to defer making a payment of USD$5 million that is owing to Newmont until no later than December 31, 2012. The deferred payment amount was scheduled to be paid by the Company to Newmont on December 31, 2011 in accordance with the terms of the purchase agreement dated February 26, 2010 between the Company and Newmont, pursuant [...]

Lydian today announced that it had received around a further two million Canadian Dollars in proceeds from the IFC exercising the majority of its remaining warrants. The International Finance Corporation, have recently exercised 4 million warrants at a strike price of £0.3125 providing Lydian with an additional £1.25m (around CAD$2M) and taking the IFC's undiluted interest in the Company to 17.35%.

Lydian announces that the Company is issuing this news release to clarify its technical disclosure provided in its news releases dated July 6 and 19, August 3, 15, 23 and 30, September 15 and 19, October 3, 4, and 18 and November 2, 15 and 29 in 2011, relating to its mineral resource estimate at its Amulsar gold project in Armenia. The Company's disclosure in the News Releases related to the resource at its Amulsar gold [...]

Lydian today announced results from further drilling at its Amulsar gold project in Armenia. Amulsar is a high-sulfidation style gold project which currently hosts a CIM compliant Indicated Resource of 1.1 million ounces at 1.1 g/t gold, plus an Inferred Resource of 1.4 million ounces at 0.9 g/t gold. Results have been received from a further 22 combined diamond and reverse circulation drill holes at Amulsar (see Table [...]

Lydian today announced further excellent metallurgical results. Amulsar is a high-sulfidation style gold project which currently hosts a CIM compliant Indicated Resource of 1.1 million ounces at 1.1g/t gold, plus an Inferred Resource of 1.4 million ounces at 0.9g/t gold. Results from the 7 Column-Leach (heap leach simulation) tests carried out on 3 Master Composite samples representing ore from the Tigranes, Artavasdes [...]