TORONTO, ONTARIO--(Marketwired - Mar 21, 2014) - Lydian International Ltd. (TSX:LYD) ("Lydian" or "the Company"), a gold-focused mineral exploration and development company, is pleased to announce that the Company has entered into agreements (collectively, the "Transaction Agreements") with two of its current strategic investors (collectively, the "Strategic Investors"), International Finance Corporation ("IFC"), a member [...]
TORONTO, ONTARIO--(Marketwired - Feb 18, 2014) - Lydian International Ltd. (TSX:LYD) ("Lydian" or "the Company"), a gold-focused mineral exploration and development company, announces that the previously announced appointment of Howard H.J. Stevenson as the Company's new President and Chief Executive Officer will be effective as of February 24, 2014. Mr. Stevenson, who will also become a director of the Company upon [...]
Lydian, a gold-focused mineral exploration and development company, is pleased to announce that it has completed its previously announced bought deal offering, pursuant to which it sold 15,000,000 ordinary shares of Lydian at a purchase price of $1.00 per Ordinary Share, for aggregate gross proceeds to the Company of $15 million. GMP Securities L.P., Scotia Capital Inc., BMO Nesbitt Burns Inc. and National Bank Financial [...]
TORONTO, ONTARIO--(Marketwired - Jan 31, 2014) - Lydian International Ltd. (TSX:LYD) ("Lydian" or "the Company"), a gold-focused mineral exploration and development company, today announced that Marc Henderson has resigned as a director of the Company, effective today. The board of directors of the Company thanks Mr. Henderson for his contribution to the Company. About Lydian International Lydian is a gold-focused [...]
Lydian announced today that it has entered into an agreement with a syndicate of underwriters co-led by GMP Securities L.P. and Scotia Capital and including BMO Capital Markets and National Bank Financial, pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 15,000,000 ordinary shares of the Company, at a price of C$1.00 per Ordinary Share for aggregate gross proceeds to the Company of [...]
TORONTO, ONTARIO--(Marketwired - Jan 27, 2014) - Lydian International Ltd. (TSX:LYD) ("Lydian" or "the Company"), a gold-focused mineral exploration and development company, announced today that its Board of Directors has selected Howard H.J. Stevenson to be the Company's President and Chief Executive Officer, effective as of April 1, 2014. Mr. Stevenson, who will also become a director of the Company upon taking up his [...]
TORONTO, ONTARIO--(Marketwired - Dec 23, 2013) - Lydian International Ltd. (TSX:LYD) ("Lydian" or "the Company"), a gold-focused mineral exploration and development company, today announces a geology update for the Amulsar gold project in Armenia. Lydian's geological team, together with consultant structural and hydrothermal systems specialists Dr. Rod Holcombe and Dr. Nick Oliver have completed a detailed geologic model [...]
TORONTO, ONTARIO--(Marketwired - Nov 14, 2013) - Lydian International Ltd. (TSX:LYD) ("Lydian" or "the Company"), a gold-focused mineral exploration and development company, today announced that it has filed its unaudited consolidated interim financial statements and related management's discussion and analysis ("MD&A") for the three and nine months ended September 30, 2013. These financial statements show a cash balance [...]
TORONTO, ONTARIO--(Marketwired - Oct 30, 2013) - Lydian International Ltd. (TSX:LYD) ("Lydian" or "the Company"), a gold-focused mineral exploration and development company, announces that Dr. Tim Coughlin will step down as the Company's President and Chief Executive Officer on December 31, 2013, or when his successor is appointed. Following his transition from his role as President and Chief Executive Officer, Dr [...]
TORONTO, ONTARIO--(Marketwired - Oct 22, 2013) - Lydian International Ltd. (TSX:LYD) ("Lydian" or "the Company"), a gold-focused mineral exploration and development company, announces the results of cyanide bottle roll tests and column leach tests on sample composites from the Erato pit at its Amulsar gold project in Armenia. The results returned gold recoveries ranging from 88% to 95% in this phase of work. In addition [...]
Joint Working Group Concludes Its Assessment of Proposed Site for Heap Leach Processing Facility, Production Deadline Extended and Lydian Commences Geotechnical Drilling, Design Works and Trade-Off Studies TORONTO, ONTARIO--(Marketwired - Oct 15, 2013) - Lydian International Ltd. (TSX:LYD) ("Lydian" or "the Company"), a gold-focused mineral exploration and development company, today announced that the working group [...]
TORONTO, ONTARIO--(Marketwired - Sep 30, 2013) - Lydian International Ltd. (TSX:LYD) ("Lydian" or "the Company"), a gold-focused mineral exploration and development company, is pleased to announce further details regarding the recent resignation of Dr. Armen Sarkissian as a director of the Company, initially announced and described in the Company's news release dated September 25, 2013. Since the Company's news release [...]