Lydian International (LYD.to) gives us the news release of the day - Hallo friendsTODAY'S NEWS AND ACCREDITED, In the article you read this time with the title Lydian International (LYD.to) gives us the news release of the day, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article BANKING, Article CULTURE, Article ECONOMIC, Article HOTELS, Article POLITICAL, Article SOCIAL, Article SPORTS, Article TOURISTS, Article TRAVELING, We write this you can understand. Alright, good read.

Title : Lydian International (LYD.to) gives us the news release of the day
link : Lydian International (LYD.to) gives us the news release of the day

Lydian International (LYD.to) gives us the news release of the day

Lydian (LYD.to) scores double points for its NR today. Not only does it qualify magnificently for the IKN First Law of Mining NRs...

 "The IKN First Law of Mining News Releases: Considering that anything contained in a mining news release is presented in the best possible way for the company in question, any piece of information contained in a NR that comes across in any way negative means the real news and/or events behind it must be very, very bad indeed."

...but thanks to its title line "Lydian Announces Financing Update" and first paragraph content, it also gives us a top class buried lede: Here ya go, enjoy it as much as I did:

TORONTO, Aug. 16, 2018 (GLOBE NEWSWIRE) -- Lydian International Limited (TSX:LYD) (“Lydian” or the “Company”) 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 instruments to ensure appropriate funding is available to Lydian as the Company works towards removing the illegal blockades at the Amulsar site, resuming construction activities, and completing construction and commissioning of its Amulsar Gold Project.

João Carrêlo, President and Chief Executive Officer of Lydian, stated, “We are extremely pleased with the continued support from our senior lenders and stream providers and have made significant, positive progress on the principal terms of the financing amendments to deal with the current situation in a comprehensive fashion. We are proceeding to formalize terms in final documentation that will allow the Company to continue in the current circumstances and be ready to remobilize when the illegal blockades are removed.”

Thus Article Lydian International (LYD.to) gives us the news release of the day

That's an article Lydian International (LYD.to) gives us the news release of the day This time, hopefully can give benefits to all of you. well, see you in posting other articles.

You are now reading the article Lydian International (LYD.to) gives us the news release of the day with the link address https://todaysand.blogspot.com/2018/08/lydian-international-lydto-gives-us.html

Tweet

Subscribe to receive free email updates: