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Lydian International Limited

09:51 AM EST - Lydian International Limited : Announced a formal decision has been made to proceed with construction at its 100%-owned Amulsar Gold Project in Armenia. This action by the Company's board of directors follows recent receipt of an amended Mining Right from the Republic of Armenia and the previously announced closings of a $38.3-million public offering and $80 million U.S. in private placements. Lydian International Limited
shares T.LYD are trading unchanged at $0.34.