Lydian International Ltd. is providing a summary of the voting results from its 2019 Annual General Meeting of shareholders held today in Toronto, Canada. Results of the Meeting A summary of the voting results is as follows: Total shares voted: 371,533,938 Total shares issued: 756,168,533 Total percentage of shares voted: 49.13% Election of [...]
Lydian International Ltd. announced today the following management update. As part of the Company’s restructuring program, Joao Carrelo, President and Chief Executive Officer and a member of the board of directors, will step down effective June 12, 2019. Russell Ball, Chairman of Lydian, commented on behalf of the board, “We thank Joao [...]
Lydian International Ltd. announced today that its board of directors intends to appoint Victor Flores as a new director immediately following the upcoming annual general meeting of Lydian on June 12, 2019 . Mr. Flores has advised that he is willing to join the Board. Due to timing limitations under Jersey law, the Board cannot add Mr. Flores to [...]
Lydian International Ltd. announced today its results for the three months ended March 31, 2019. All dollar amounts referenced in this news release are, unless otherwise indicated, in United States dollars. First Quarter 2019 and recent developments include: Illegal Blockades – The blockades continue at Lydian’s Amulsar Gold Project [...]
Lydian International Ltd. announced today the following board of director and management updates. Board of Director Updates Eugene Davis resigned from the Company’s board of directors, effective May 1, 2019. In addition, Tim Read has announced his retirement and submitted his resignation from the Company’s board of directors. Mr [...]
On July 24, 2018, Lydian Armenia CJSC, a subsidiary of Lydian International Ltd. , filed a complaint with the Jermuk Unit of the Vayots Dzor Police Department to initiate an investigation and file criminal charges against the protesters that had set up illegal blockades of roads accessing the Amulsar Project site. The Police denied this request [...]
Lydian International Ltd. today announced the Administrative Court of the Republic of Armenia ruled in favour of Lydian and instructed the Armenian Police to remove trespassers and their property from the Company’s Amulsar Project site and assure Lydian free passage to Amulsar. On September 20, 2018, Lydian filed an appeal with the [...]
Lydian International Ltd. today announced that the Republic of Armenia Government has commenced its third-party assessment of the Amulsar Gold Project’s environmental impact on water resources, geology, biodiversity and water quality. In September 2018, an assessment was ordered by the Armenian government to study possible impacts of the [...]
Lydian International Ltd. announced today that Douglas Tobler, Chief Financial Officer, has submitted his resignation, effective June 14, 2019. Russell Ball, Chairman of Lydian, commented, “On behalf of Lydian and the Board, I would like to thank Doug for his significant contributions to the Company and, in particular, the arrangement of the [...]
Lydian International Ltd. announced today its results for the three months and year ended December 31, 2018. All dollar amounts referenced in this news release are, unless otherwise indicated, in United States dollars. Following a change in the Government of Armenia in May 2018, demonstrations and road blockades occurred sporadically throughout the [...]
Lydian International Ltd. today announced that, in connection with the ongoing blockades of road access to the Amulsar Gold Project, Lydian U.K. Corporation Limited and Lydian Canada Ventures Corporation , subsidiaries of the Company, have formally notified the Government of the Republic of Armenia of the existence of disputes with the Government [...]
Lydian International Ltd. today announced the following updates. Hydrogeological Survey Lydian is pleased to announce the conclusion of an isotopic investigation of groundwater systems at the Company’s gold project at Amulsar and the Jermuk area . In November 2018, work was commissioned in response to technical questions raised by interested [...]