Nov. 29, 2017 -- Lydian International Ltd. announces that it has received C$18.4 million in cash proceeds from the exercise of 51,041,800 of the Company’s outstanding warrants , with each warrant entitling the holder to purchase one ordinary share of the Company at a price of $0.36 per share. The warrants were issued in connection with the exchange of subscription receipts on May 26, 2016. The remaining warrants [...]
TORONTO, Nov. 29, 2017 -- Lydian International Ltd. is pleased to announce it has received the first advance under the credit agreement with Caterpillar Financial Services Limited . Proceeds totaling $2.3 million provide reimbursement to Lydian for amounts previously paid by the Company for various units of support equipment. Management expects to make additional draws under the Cat Financial arrangement as major [...]
TORONTO, Nov. 27, 2017 -- Lydian International Ltd. is pleased to announce it will attend the Mines and Money Conference in London, U.K. from November 28 to November 30, 2017. Douglas Tobler, Chief Financial Officer, and Hayk Aloyan, Managing Director of Lydian Armenia, will host one-on-one meetings and a lunchtime round table during the conference. Lydian will be exhibiting at Booth D3. Company representatives will be [...]
TORONTO, Nov. 09, 2017 -- Lydian International Ltd. announced today its results for the three and nine months ended September 30, 2017. All dollar amounts referenced in this news release are, unless otherwise indicated, in United States dollars. Third Quarter 2017 Highlights During Q3 2017, Lydian achieved full-scale construction at its Amulsar Gold Project. The workforce exceeded 1,400 employees and contractors, with [...]
TORONTO, Oct. 24, 2017 (GLOBE NEWSWIRE) -- Lydian International Ltd. (TSX:LYD) (“Lydian” or “the Company”) announced today that the Company will host an information booth at the 2017 New Orleans Investment Conference to be held October 25 – 28, 2017. Management will be available to provide an update on the Amulsar Gold Project. The Company’s current investor presentation is available on [...]
TORONTO, Sept. 18, 2017 (GLOBE NEWSWIRE) -- Lydian International Ltd. (TSX:LYD) (“Lydian” or “the Company”) announced that construction at the Company’s 100%-owned Amulsar Gold Project is proceeding as planned. Earthworks are continuing at all elevations, and construction activities are now transitioning to concrete work at several key areas and to equipment assembly. Howard Stevenson [...]
TORONTO, Sept. 14, 2017 (GLOBE NEWSWIRE) -- Lydian International Ltd. (TSX:LYD) (“Lydian” or “the Company”) announced today that the Company will attend the 2017 Denver Gold Forum to be held September 25 – 27, 2017 in Colorado Springs, Colorado. Howard Stevenson, Chief Executive Officer of Lydian, will host one-on-one meetings during the conference and present to attendees on Tuesday [...]
TORONTO, Sept. 07, 2017 (GLOBE NEWSWIRE) -- Lydian International Ltd. (TSX:LYD) (“Lydian” or “the Company”) announced today that the Company will attend the 2017 Precious Metals Summit to be held September 18 – 20, 2017 in Beaver Creek, Colorado. Howard Stevenson, Chief Executive Officer of Lydian, will host one-on-one meetings during the conference and present to attendees on Monday [...]
TORONTO, Aug. 21, 2017 (GLOBE NEWSWIRE) -- Lydian International Ltd. (TSX:LYD) ("Lydian" or "the Company") is pleased to announce it has made an initial utilization of $32.8 million under the term loan with Swedish Export Credit Corporation (the “SEK Term Facility”), which was arranged by ING Bank N.V. These proceeds provide reimbursement to Lydian for amounts previously paid by the Company for the material [...]
TORONTO, Aug. 09, 2017 (GLOBE NEWSWIRE) -- Lydian International Ltd. (TSX:LYD) (“Lydian” or “the Company”) announced today its results for the three and six months ended June 30, 2017. All dollar amounts referenced in this news release are, unless otherwise indicated, in United States dollars. Second Quarter 2017 Highlights The summer construction season in Armenia is providing opportunity for [...]
TORONTO, ONTARIO--(Marketwired - Jul 20, 2017) - Lydian International Ltd. (TSX:LYD) ("Lydian" or "the Company") announced today that the Company will attend the Sprott Natural Resource Symposium to be held July 25-28, 2017 in Vancouver, B.C. Doug Tobler, Chief Financial Officer of Lydian, will host one-on-one meetings during the conference and Pamela Solly, Vice President of Investor Relations of Lydian, will present to [...]
TORONTO, ONTARIO--(Marketwired - July 4, 2017) - Lydian International Ltd. (TSX:LYD) ("Lydian" or "the Company") is pleased to announce it has received the first advance of $25 million under the term loan with Orion Co IV (ED) Limited ("Orion") and Resource Capital Fund VI L.P. ("RCF") (the "Term Loan"). Proceeds of this advance will be used for ongoing construction of the Company's Amulsar Gold Project in Armenia. All [...]
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