Off-market insider selling at Lydian International (LYD)

Off-market insider selling at Lydian International (T:LYD)

Updated Thursday Sep 12, 2019 04:08 AM EDT
Orion Mine Finance Management I Limited, a 10% Holder, disposed of 10,000,000 Common Shares on an indirect ownership basis for registered holder Orion Co-IV (ED) Limited at a price of $0.100 through a private transaction on September 10th, 2019. This represents a $1,000,000 divestment of the company's shares and an account share holdings change of -10.1%.

Lydian International is in the Gold Sub Industry Group under the Basic Materials Sector.

Lydian International Limited is a gold-focused mineral development company pursuing resources in emerging and transitional geopolitical regions. The Company's main project is the Amulsar Gold Project, a gold development-stage project located in the Republic of Armenia. The Company holds a combined exploration-mining license covering an early-stage gold prospect known as the Kela Project in the Guri region of the Ozurgeti province in Georgia. The Amulsar project covers a region of epithermal-type gold mineralization located in southern Armenia. It is open in all directions, including depth. The Amulsar gold project is located approximately 170 kilometers south of Armenia's capital Yerevan on the border between the provinces (Marz) of Vayots Dzor and Sunnik. It holds approximately two Mineral Exploration Licenses and a mining license for the Artavasdes and Tigranes open pit at Amulsar, through its 100% owned Armenian subsidiary Geoteam CJSC.


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