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Lydian International Limited

11:48 AM EST - Lydian International Limited : Announced today its financial results for the three months ended March 31, 2016. All dollar amounts referenced in this news release are United States dollars. The net loss for the quarter ended March 31, 2016 was $1.5 million, a decrease of $0.3 million compared with a net loss of $1.8 million for the quarter ended March 31, 2015. The Company's cash balance at March 31, 2016 was $25.0 million, reflecting net expenditures during the quarter ended March 31, 2016 of $3.6 million. Lydian International Limited shares T.LYD are trading unchanged at $0.30.