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TORONTO, ONTARIO--(Marketwired - March 25, 2015) - Lydian International Limited (TSX:LYD) ("Lydian" or "the Company") is pleased to announce that it has closed a private placement financing to International Finance Corporation ("IFC"), pursuant to which it issued and sold to IFC an aggregate of 2,478,661 ordinary shares of the Company at a price of C$0.55 per share, for aggregate gross proceeds of C$1,363,264 (the "IFC Placement"). The Company will use the proceeds of the IFC Placement to advance its Amulsar Gold Project in Armenia. |
