Stock Information  

Symbols: LYD
Exchange: TSX
Shares O/S: 39.9 M
52 Wk Rg: $1.35 – $0.20

 

     
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  About Lydian  

The probability of discovering large, world-class projects is higher in prospective, newly emergent and transitional environments. Lydian is positioned to leverage and manage emerging environment exploration opportunities. The company has unique capabilities in grassroots discovery, “first mover” strategies in securing assets, and superior management of the complex social and political aspects of these environments.

Currently the company is focused on Eastern Europe. Lydian has developed a diversified portfolio of highly prospective precious and base metal projects at the early and advanced exploration development stage. Lydian’s flagship projects include a promising gold project at Amulsar in Armenia, and zinc-lead-silver-gold at Drazhnje in Kosovo. The Company is also focused on its pipeline of new gold and base metal projects.

Lydian’s joint venture partner is Newmont. Its major investors include Newmont and the International Finance Corporation (part of the World Bank). These relationships help bolster the Company’s competitive advantage while mitigating geopolitical risk.

Lydian benefits from the leadership of an experienced management team and board, with considerable backgrounds in operations, finance and in building companies.

Lydian is a public company listed on the Toronto Stock Exchange (TSX:LYD). The Company’s strategy to maximize shareholder value from its asset portfolio may include:

  • Develop a defined resource into a mine in collaboration with Newmont - should Newmont decide to exercise its option to earn into the project. Under these circumstances Newmont would manage the mine-development process and subsequent exploitation; or
  • Enter into a production joint-venture agreement with a local mining company or partner that would have the technical and financial capabilities to put the resource into production; or
  • Float off an asset into a new company, offering it to existing and new shareholders, while retaining a royalty payment based on production.

 

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