Lydian International Ltd

Published : June 27th, 2016

Lydian Strengthens Management Team for Amulsar Construction

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Lydian Strengthens Management Team for Amulsar Construction

TORONTO, ONTARIO--(Marketwired - June 27, 2016) - Lydian International Limited (TSX:LYD) ('Lydian' or 'the Company') is pleased to announce the appointments of Joseph Phillips as Chief Operating Officer and Robert Carreau as Vice President of Sustainability, effective July 1, 2016.

Mr. Phillips brings 43 years of senior experience in international mine development and operations. He was most recently the Chief Restructuring Officer for Carpathian Gold and Senior Vice President and Chief Development Officer for Coeur d'Alene Mines Corporation. Prior to that, Mr. Phillips was Senior Vice President of Operations and Development and acting Chief Operating Officer of Silver Standard Resources and Senior Vice President of Project Development at Pan American Silver, where he was a member of the senior leadership team where he led the construction and commissioning of four mines over seven years in Mexico. His experience includes building, commissioning and operating mines in 12 countries and has had the distinction of having all projects meet or exceed design expectations. He has a degree in Geological Engineering from the Colorado School of Mines and advanced studies in Engineering at the University of South Florida. He has served as a Director of the Chambers of Mines of Mexico, Chile and Ghana.

Mr. Carreau is an accomplished mining executive with more than 25 years of international experience in managing all aspects of environmental stewardship, health and safety programs, and corporate social responsibility. Prior to joining Lydian, Mr. Carreau led the global execution and long term strategy for IAMGOLD Corporation's Health and Safety, Environmental Management, Corporate Social Responsibility and Security. Mr. Carreau's initiatives and development efforts in Burkina Faso earned him the Canadian Towards Sustainable Mining (TSM) award in 2013. Prior to this, Mr. Carreau developed and led global environmental sustainability initiatives and implemented health and safety policies for a number of mid-tier development and mining companies.

'Joe and Bob are joining the Lydian team at an exciting time as we move into full construction of our 100%-owned Amulsar Gold Project. They have exceptional experience and leadership skills that greatly strengthen our team. They will be valuable additions to the already experienced and capable team we have assembled,' said Howard Stevenson, President and CEO of Lydian.

About Lydian International Limited

Lydian is an emerging gold developer, focused on its 100%-owned Amulsar Gold Project, located in south-central Armenia. The Company's current mine development and construction plan for Amulsar is aimed at achieving average production greater than 200,000 ounces of gold per year and establishing the Company as a high cash-flow producer. The Company is committed to best practices in all aspects of its operations including production, sustainability, and good corporate citizenry. For more information and to directly contact us, please visit www.lydianinternational.co.uk.

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Data and Statistics for these countries : Armenia | Burkina Faso | Chile | Ghana | Mexico | All
Gold and Silver Prices for these countries : Armenia | Burkina Faso | Chile | Ghana | Mexico | All

Lydian International Ltd

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Lydian International is a zinc and gold exploration company based in Jersey.

Its main exploration properties are CREPULJE in Serbia and montenegro and AMULSAR and DRAZHNJE in Armenia.

Lydian International is listed in Canada. Its market capitalisation is CA$ 52.5 millions as of today (US$ 39.9 millions, € 36.0 millions).

Its stock quote reached its highest recent level on September 23, 2011 at CA$ 3.21, and its lowest recent point on November 28, 2019 at CA$ 0.07.

Lydian International has 699 449 984 shares outstanding.

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Financings of Lydian International Ltd
3/25/2015Closes Additional Financing With International Finance Corpo...
1/15/2015Announces C$16,500,000 Bought Deal Financing
3/9/2012Announces Closing of Bought Deal Financing
12/15/2011Boosts Treasury With Proceeds from IFC Warrant Exercise
Nominations of Lydian International Ltd
9/30/2013Announces Appointment of Former Director as Ambassador
9/25/2013Announces Resignation of Director
9/18/2013Announces Appointment of Marc Leduc as Chief Operating Offic...
5/22/2013Announces Results of Voting for Directors at Annual and Spec...
3/25/2013Announces Appointment of Dr. Armen Sarkissian to Board
2/11/2013Announces Appointment and Resignation of Director
10/17/2012Announces Resignation of Director
Project news of Lydian International Ltd
4/9/2015(Amulsar)to Improve Amulsar Economics With Revised Mine Plan Followin...
10/22/2013(Amulsar)Reports Positive Metallurgical Test Results From the Amulsar...
10/15/2013(Amulsar)Announces Update on Development of the Amulsar Gold Mine; Ar...
9/19/2013(Amulsar)Intersects 221 Meters at 1.2 g/t Gold and 180 Meters at 1.3 ...
9/18/2013(Amulsar)Provides Update on Progress of the Amulsar Project Joint Wor...
7/24/2013(Amulsar)Provides Amulsar Project Update
9/7/2012Files NI 43-101 Heap Leach Feasibility Study
9/5/2012(Amulsar)Announces Robust Feasibility Study for Its Low-Cost Amulsar ...
5/10/2012(Amulsar)Commences 2012 Drilling Program at Amulsar Gold Project
10/4/2011(Amulsar)Reports Further Drill Results from Amulsar Including 101 Met...
10/3/2011(Amulsar)Receives Land Status Change Approval for Amulsar Gold Projec...
9/19/2011(Amulsar)Reports Further Drill Results from Amulsar Including 156 Met...
8/30/2011(Amulsar)Reports Solid Drill Results from Amulsar; Including 98 Meter...
4/28/2011(Amulsar)Commences 2011 Drilling Program at Amulsar Gold Project: Arm...
4/8/2011(Amulsar)Reports Resource Update of 2.5 Million Ounces Gold at Its Am...
3/31/2011(Drazhnje)Concludes Heads of Agreement Over Drazhnje Project
Corporate news of Lydian International Ltd
6/27/2016Lydian Strengthens Management Team for Amulsar Construction
6/23/2016Lydian Reports Voting Results from Annual General Meeting
6/8/2016Lydian Makes Formal Construction Decision at Amulsar
5/26/2016Lydian Announces US$109 Million Proceeds From Closing of Pre...
5/24/2016Lydian Receives Updated Approval for the Amulsar Mining Righ...
5/18/2016Lydian Shareholders Overwhelmingly Approve $80 Million Priva...
5/17/2016Lydian International Discloses Amended Environmental and Soc...
5/13/2016Lydian International Reports First Quarter 2016 Results
12/16/2015Lydian International Files NI 43-101 Technical Report for Am...
12/16/2015Lydian Announces Initial Capital and Operating Cost Reductio...
12/16/2015Lydian Announces $325 Million Construction Financing for Amu...
12/16/2015Lydian Announces Marketed Public Offering of Subscription Re...
12/16/2015Lydian Announces Closing of First Deposit Under Stream Agree...
11/25/2015Lydian International Files NI 43-101 Technical Report for Am...
11/19/2015Lydian Announces Initial Capital and Operating Cost Reductio...
9/2/2015Capital And Operating Cost Reductions At Lydian’s Amulsar Pr...
9/2/2015Capital and Operating Cost Reductions at Lydian's Amulsar Pr...
8/19/2015Prime Minister And U.S. Ambassador Report On Visit To Lydian...
8/19/2015Prime Minister and U.S. Ambassador Report on Visit to Lydian...
7/16/2015Lydian Outlines Value Engineering Program At Amulsar
4/9/2015Lydian To Improve Amulsar Economics With Revised Mine Plan F...
3/25/2015Lydian Closes Additional Financing With International Financ...
2/4/2015Announces Closing of C$16.5 Million Bought Deal Financing
1/16/2015IIROC Trade Resumption - VEM; SVY; LYD
1/15/2015IIROC Trading Halt - LYD
11/27/2014IIROC Trade Resumption - LYD
11/27/2014Lydian Receives Comprehensive Mining Right Approval For Amul...
11/27/2014IIROC Trading Halt - LYD
11/12/2014Lydian Announces Management Changes
10/23/2014Lydian Files Ni 43 101 Feasibility Study For The Amulsar Gol...
10/23/2014Lydian Files NI 43-101 Feasibility Study for the Amulsar Gol...
9/11/2014Lydian Announces Positive Results From Updated Feasibility S...
7/2/2014Lydian Shareholders Elect Board Aligned With Amulsar Develop...
6/5/2014Lydian International Limited Announces Proposed Nominees for...
4/17/2014Lydian International Limited Announces Completion of Investm...
4/17/2014Lydian International Announces Resignation of Director
10/30/2013Announces CEO Transition Plan
7/25/2013Announces Conference Call
7/16/2013(Amulsar)Receives Local Community Approval for Concept Design of Amul...
6/18/2013(Amulsar), Amulsar Operations Update
5/23/2013Announces Filing of Technical Report
2/19/2013Announces Geology Update
1/14/2013Intersects 111 Meters at 1.1 g/t Gold, Outside Current Pit-S...
10/23/2012Drilling Intersects 122 Meters at 0.9 g/t Gold, 135 Meters S...
10/2/2012Signs Mining License Agreement with the Government of Armeni...
9/26/2012(Amulsar)Exercises Option and Acquires 100% Ownership of Amulsar Gold...
9/24/2012Drill Results Illustrate In-Pit Resource Conversion Strategy...
8/22/2012Supplements Disclosure
8/21/2012(Amulsar)Intersects New Gold in Step-Out Drilling at Arshak and in De...
8/7/2012(Amulsar)Receives Further EIA Approval at Amulsar
6/7/2012Announces Partnership With Oxfam Armenia
3/28/2012Announces Completion of Investment by European Bank for Reco...
3/21/2012Announces Further Investment by European Bank for Reconstruc...
3/15/2012Announces Exercise of Over-Allotment Option
3/12/2012(Amulsar)Receives Environmental Approval for Processing at Amulsar Us...
3/6/2012Reports Bulk Surface Sample and Further Drill Core Metallurg...
3/5/2012(Amulsar)Announces Appointment of Senior Mine Manager and Engagement ...
2/27/2012Announces Filing of Preliminary Prospectus
1/23/2012Reports Resource Update of 3.2 Million Ounces Gold and 13.0 ...
1/3/2012Provides Financial Update
12/13/2011. Clarifies Technical Disclosure
11/29/2011Drills 99 Meters at 4.0g/t Gold (Open at Depth) in New Fault...
10/11/2011Secures New Gold Exploration Project in Republic of Georgia
9/15/2011(Amulsar)to Run Detailed Engineering Design Stage in Parallel With Ba...
8/23/2011(Amulsar)The Run Up on the Path to Production at Amulsar
8/3/2011Announces EBRD Investment in Armenian Operations
8/3/2011Intersects First Deep High-Grade at Erato and Extends Erato ...
7/25/2011Preliminary Economic Assessment Shows Base Case US$515 Milli...
7/19/2011(Amulsar)Releases Robust Drill Results Ahead of Preliminary Economic ...
7/6/2011Intersects Significant New Gold in Scout-Drilling One Kilome...
5/16/2011Announces Positive Results of Preliminary (Drill Limited) Op...
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