Lydian International Ltd. today announced the Company has entered into an amended and restated forbearance agreement with its senior lenders, stream financing providers, and equipment financiers , pursuant to which they have agreed to: continue to temporarily suspend all principal and interest payments due and payable, and continue to forbear from [...]
Lydian International Ltd. is pleased to announce that the Administrative Court of the Republic of Armenia has accepted the Company’s lawsuit appealing a directive issued by Mr. Artur Grigoryan, the head of the Republic of Armenia’s Environmental and Mining Inspection Body, to refrain from any mining-related activities at the Amulsar [...]
Lydian International Ltd. is pleased to announce it has secured short-term access to its 100%-owned Amulsar Gold Project to undertake winterization and preservation work on process and mobile equipment. This work is being performed to reduce damage to equipment and help ensure an efficient restart of construction, mining, and commissioning [...]
Lydian International Ltd. announced today its results for the three and nine months ended September 30, 2018. All dollar amounts referenced in this news release are, unless otherwise indicated, in United States dollars. Since late June 2018, illegal blockades have been in place at Amulsar that continue to prevent the Company and its contractors [...]
Lydian International Ltd. today announced the following corporate updates. Forbearance Agreement The Company has entered into a forbearance agreement with its senior lenders, stream financing providers, and equipment financiers , pursuant to which the Company’s senior lenders, stream financing providers, and equipment financiers have agreed [...]
Lydian International Ltd. announced that its senior lenders have agreed to extend the initial repayment date and the availability period of its term loan from previously announced September 28, 2018 to October 31, 2018. In addition, Lydian has received an advance under the term loan of US$3 million, which will be used by the Company to make certain [...]
Lydian International is pleased to announce that its senior lenders have agreed to extend the initial repayment date and the availability period from previously announced August 31, 2018 to September 28, 2018. Lydian continues to have further discussions with key stakeholders in order to complete comprehensive revisions to several key funding [...]
Lydian International Ltd. announced today that it has received an inspection report for the Company’s 100%-owned Amulsar Gold Project from the Republic of Armenia Environmental and Mining Inspection Body in connection with the previously announced compliance audits of Armenia’s mining sector. Following the audit, the Environmental and [...]
Lydian International is pleased to announce that its senior lenders have agreed to extend the initial repayment date and the availability period from previously announced August 15, 2018 to August 31, 2018. Lydian continues to have further discussions with key stakeholders in order to complete comprehensive revisions to several key funding [...]
Lydian International Ltd. announced today its results for the three and six months ended June 30, 2018. All dollar amounts referenced in this news release are, unless otherwise indicated, in United States dollars. Lydian made good progress in May and early June 2018 on major construction and operational readiness activities at its 100%‐owned [...]
TORONTO, Aug. 02, 2018 -- Lydian International Ltd. today announced that the previously reported illegal road blockades near its 100%-owned Amulsar Gold Project are ongoing and continue to impact construction activities. The Company also reported that its senior lenders have agreed to extend the initial repayment date and availability period from [...]
Lydian International is providing a summary of the voting results from its 2018 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: 554,515,465 Total shares issued: 754,849,326 Total percentage of shares voted: 73.46% Election of Directors [...]
