LYD.TO - Lydian International Limited

Toronto - Toronto Delayed Price. Currency in CAD
0.1150
-0.0050 (-4.17%)
At close: 3:59PM EDT
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Previous Close0.1200
Open0.1300
Bid0.1150 x 0
Ask0.1200 x 0
Day's Range0.1150 - 0.1300
52 Week Range0.0700 - 0.3000
Volume139,600
Avg. Volume288,350
Market Cap86.959M
Beta (3Y Monthly)-3.29
PE Ratio (TTM)N/A
EPS (TTM)-0.2340
Earnings DateMar 27, 2019 - Apr 1, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est0.41
  • GlobeNewswire18 days ago

    Lydian Announces Extension of Forbearance Agreement

    In accordance with the A&R Forbearance Agreement, the Company will issue 23,036,136 warrants to AB Svensk Exportkredit (publ) (“SEK”) (or as SEK or ING Bank N.V. (as agent under the SEK financing agreement) may direct) and 4,746,324 warrants to Ameriabank CJSC (or as Ameriabank CJSC may direct) pursuant to separate warrant certificates (collectively, the “Warrants”), which, if exercised as of the date hereof, would represent 3.5% of the issued and outstanding ordinary shares (on a fully diluted basis). The Warrants will be ordinary share purchase warrants, with each warrant being exercisable for one ordinary share of the Company. The exercise price of the Warrants will be equal to the volume weighted average price of the Company’s ordinary shares during the five trading days preceding the effective date of the A&R Forbearance Agreement.

  • Some Lydian International (TSE:LYD) Shareholders Have Taken A Painful 87% Share Price Drop
    Simply Wall St.last month

    Some Lydian International (TSE:LYD) Shareholders Have Taken A Painful 87% Share Price Drop

    It is a pleasure to report that the Lydian International Limited (TSE:LYD) is up 58% in the last quarter. But spare a...

  • GlobeNewswirelast month

    Lydian Announces Update on Police Inaction

    Lydian International Limited (LYD.TO) (“Lydian” or the “Company”) announced today that trespassers and their property remain on the Company’s Amulsar Project site despite prior Court rulings. The Administrative Court of Armenia has ordered the Police to remove trespassers and their property from the Company’s Amulsar Project site.  The Court’s decision was to be enforced within 30 days, if not appealed by the Police.  Since the Police had not appealed the Court’s decision within 30 days after the Court’s ruling, Lydian was expecting the trespassers and their belongings to be removed by the Police, and Lydian’s access to the site restored.

  • GlobeNewswirelast month

    Lydian Reports Voting Results from Annual General Meeting

    TORONTO, June 12, 2019 -- Lydian International Limited (TSX:LYD) (“Lydian” or “the Company”) is providing a summary of the voting results from its 2019 Annual General Meeting.

  • GlobeNewswirelast month

    Lydian Provides Management Update

    Lydian International Limited (LYD.TO) (“Lydian” or the “Company”) 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 for his leadership over the past year and we are pleased he has agreed to continue to assist the Company on a consulting basis going forward.

  • Reuterslast month

    FEATURE-Gold of contention: Armenia land dispute in spotlight as government steps in

    T onnes of gold that lie under a snow-capped mountain in Armenia have locked locals and international investors in a bitter land dispute, with the country's new government being watched closely in coming weeks as it tries to resolve the conflict. For almost a year, protesters worried about potential damage to the environment have blocked access to works to complete a mine that its Anglo-American operator says would generate hundreds of jobs and millions in tax revenue for the state. With a government-commissioned assessment into the mine's environmental impact expected to be released within weeks, international investors were said to be watching closely to see how Prime Minister Nikol Pashinyan handled the dispute.

  • GlobeNewswire2 months ago

    Lydian Board Announces Intention to Appoint New Director

    Lydian International Limited (LYD.TO) (“Lydian” or the “Company”) announced today that its board of directors (the “Board”) intends to appoint Victor Flores as a new director immediately following the upcoming annual general meeting of Lydian on June 12, 2019 (the “AGM”). 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 the notice of annual general meeting, management information circular and form of proxy for the AGM, but if the directors as set out in the notice of annual general meeting are elected at the AGM, they currently intend to appoint Mr. Flores to the Board immediately following the AGM.

  • GlobeNewswire2 months ago

    Lydian Announces First Quarter 2019 Results and Corporate Update

    Lydian International Limited (LYD.TO) (“Lydian” or “the Company”) announced today its results for the three months ended March 31, 2019. Illegal Blockades – The blockades continue at Lydian’s Amulsar Gold Project, having been in place since June 22, 2018. As a result, two of Lydian’s subsidiaries formally notified the Government of Armenia on March 11, 2019 of the existence of disputes with the Government of Armenia under the UK bilateral investment treaty and the Canada bilateral investment treaty.

  • GlobeNewswire3 months ago

    Lydian Provides Board and Management Updates

    Lydian International Limited (LYD.TO) (“Lydian” or the “Company”) announced today the following board of director and management 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.

  • GlobeNewswire3 months ago

    Criminal Court Rules Police to Initiate Criminal Investigation Against Protesters Blocking Amulsar Project Site

    On July 24, 2018, Lydian Armenia CJSC, a subsidiary of Lydian International Limited (LYD.TO) (“Lydian” or the “Company”), 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, resulting in the Company applying for a reversal of the Police decision with the Ararat and Vayots Dzor Regions’ General Jurisdiction Court on September 30, 2018. The court ruled in Lydian’s favour on January 18, 2019, establishing that the Police failed to initiate a criminal case based on the alleged violations.

  • GlobeNewswire3 months ago

    Court Orders Police to Remove Trespassers and Assure Lydian Free Access to Amulsar

    Lydian International Limited (LYD.TO) (“Lydian” or the “Company”) 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 Administrative Court of Armenia to have the Police enforce the rule of law and remove protesters trespassing on Company property and denying all road access to the Amulsar Project.

  • GlobeNewswire4 months ago

    Armenian Government Commences the Third Audit

    Lydian International Limited (LYD.TO) (“Lydian” or the “Company”)  today announced that the Republic of Armenia Government has commenced its third-party assessment (“Third Audit”)  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 Amulsar Gold Project on water resources. The scope of work will now also include a review of the Company’s Environmental and Social Impact Assessment (“ESIA”) and Environmental Impact Assessment (“EIA”).

  • GlobeNewswire4 months ago

    Lydian Announces Resignation of CFO

    Lydian International Limited (LYD.TO) (“Lydian” or the “Company”) 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 Amulsar project financing. Lydian will begin a search process to identify a replacement for Mr. Tobler in due course.

  • GlobeNewswire4 months ago

    Lydian Announces Fourth Quarter and Year Ended December 31, 2018 Results

    Lydian International Limited (LYD.TO) (“Lydian” or “the Company”) announced today its results for the three months and year ended December 31, 2018. Following a change in the Government of Armenia in May 2018, demonstrations and road blockades occurred sporadically throughout the country. A continuous illegal blockade at Amulsar has been in place since June 22, 2018, causing construction activities to be suspended since this date.

  • GlobeNewswire4 months ago

    Lydian Announces Submission of Notices to Government of Armenia Under Bilateral Investment Protection Treaties

    TORONTO, March 11, 2019 -- Lydian International Limited (TSX:LYD) (“Lydian” or the “Company”) today announced that, in connection with the ongoing blockades of road access to.

  • GlobeNewswire6 months ago

    Lydian Announces Updates for Hydrogeological Survey and Amulsar Project Audit

    Lydian International Limited (LYD.TO) (“Lydian” or the “Company”) today announced the following updates. Lydian is pleased to announce the conclusion of an isotopic investigation of groundwater systems at the Company’s gold project at Amulsar (the “Amulsar Project”) and the Jermuk area (the “Hydrogeological Survey”). Twenty-five samples were collected from specific sampling points in the Amulsar and Jermuk areas.

  • GlobeNewswire7 months ago

    Lydian Announces Extension of Forbearance Period and Additional Sources of Liquidity

    Orion CO IV (ED) Limited (“Orion”), Resource Capital Fund VI L.P. (“RCF”) and Osisko Bermuda Limited (“Osisko”) have committed to make available up to $18.56 million to fund the Company during the forbearance period through an amendment to the Company’s existing credit agreement (the “Forbearance Facility”). João Carrêlo, President and Chief Executive Officer of Lydian, stated “We are extremely pleased with this positive development in the Company’s on-going pursuit of strategic alternatives.

  • GlobeNewswire7 months ago

    Lydian Announces Acceptance of Lawsuit for Appeal Hearing of Environmental Order

    Lydian International Limited (LYD.TO) (“Lydian” or “the Company”) is pleased to announce that the Administrative Court of the Republic of Armenia (the “Court”) 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 project. The acceptance of the lawsuit by the Court results in an automatic suspension of Mr. Grigoryan’s directive, under the Republic of Armenia’s Administrative Procedure Code, which suspension will remain in place until the appeal is heard and determined. João Carrêlo, President and Chief Executive Officer of Lydian, stated, “We are pleased that the Court has agreed to accept Lydian’s lawsuit.

  • GlobeNewswire8 months ago

    Lydian Announces Access to the Amulsar Site for Winterization Purposes

    Lydian International Limited (LYD.TO) ("Lydian" or "the Company") 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. João Carrêlo, President and Chief Executive Officer of Lydian, stated, “Illegal blockades have prevented Lydian from accessing the site to perform work since late-June 2018. While we continue to work with all levels of government to achieve a permanent resolution to the current situation, we are also evaluating a range of financing, strategic, and legal alternatives available to the Company.

  • GlobeNewswire8 months ago

    Lydian Announces Third Quarter 2018 Results and Corporate Update

    Lydian International Limited (LYD.TO) (“Lydian” or the “Company”) announced today its results for the three and nine months ended September 30, 2018. Since late June 2018, illegal blockades have been in place at Amulsar that continue to prevent the Company and its contractors from entering the Amulsar site and resuming construction work. Lydian is engaging and will continue to engage with local and national government officials to seek enforcement of the law in order to have the illegal blockades removed.

  • GlobeNewswire9 months ago

    Lydian Provides Corporate Updates

    Lydian International Limited (LYD.TO) (“Lydian” or the “Company”) today announced the following corporate updates. During the period of forbearance, Lydian and other stakeholders will continue to petition local and national government officials to enforce the law by removing the illegal blockades and pursue additional options that allow Lydian to resume construction activities.

  • How Lydian International Limited (TSE:LYD) Can Impact Your Portfolio Volatility
    Simply Wall St.10 months ago

    How Lydian International Limited (TSE:LYD) Can Impact Your Portfolio Volatility

    If you own shares in Lydian International Limited (TSE:LYD) then it’s worth thinking about how it contributes to the volatility of your portfolio, overall. In finance, Beta is a measureRead More...