Highlights  
Market Facts / Capital Structure
 

Corporate Facts

Established: 2005

Geographies of Operation / Projects:
Precious and Base Metals in Eastern Europe
including:

  • Kosovo: gold-silver-zinc-lead
  • Armenia: gold

Offices:

  • Registered Office - Jersey, Channel Islands
  • Operations Offices - Pristina, Kosovo
    and Yerevan, Republic of Armenia
  • Investor Relations Offices - Jersey, Channel Islands and Toronto, Canada

Joint Venture Partner: Newmont

Year End: Dec. 31st

 

 
Listing:
TSX
Symbol:
LYD
IPO Date:
1/10/2008
Shares Issued and Outstanding*:
55.35 M
Fully Diluted Shares Outstanding*:
73.77 M

Warrants & Options :

18.42 M
Including Director and Employee Options & Warrants*:
1.60 M
 
Insider Position – including IFC and Newmont
37.64%
Insider Position - including IFC, Newmont and EBRD

44.52%

 
Largest Shareholders:
IFC:
Newmont:
EBRD


15.56%
9.30%
6.88%

 
52-Week High (12/08/09):
$0.88
52-Week Low  (09/04/09):
$0.33
Market Capitalization*:
C$38.75 M
Recent Share Price*:
C$0.70
Analyst Coverage:                  
 
Fox Davies
M Partners
 
Share Price Performance:
 
*Approximate at February 17th, 2010



Overview

Lydian is a diversified UK mineral exploration and development company, with expertise employing “first mover” strategies in international emerging environments. The Company is currently focused on Eastern Europe, exploring the Balkan and Caucasus regions, and is developing advanced precious and base metal assets located in Armenia and in Kosovo.

Lydian’s management team has a track record of success in grassroots discovery, acquiring and developing undervalued assets, and in building companies. Lydian has a strong social agenda and a unique understanding of the complex social and political issues that characterise emerging environments.

The Company’s two main projects are gold at Amulsar in Armenia, and zinc, lead, silver and gold at Drazhnje in Kosovo. Lydian has a pipeline of promising gold and base metal exploration projects in the Balkans region, and operates a 50/50 gold and copper exploration joint venture with Newmont in the Caucasus region.

Lydian’s three largest shareholders are International Finance Corporation (part of the World Bank Group), Newmont,  and European Bank of Reconstruction and Development.



Investment Catalysts

  • Lydian has multiple licenses granted for highly prospective projects in Eastern Europe,
    including a new and extremely promising gold discovery at Amulsar, Armenia.

  • Lydian is focused on opportunistic exploration and development, and maintaining
    a pipeline of promising new discoveries.

  • The Company's management team has a proven track record in discovery, high-quality
    project acquisition, and in quick advancement to feasibility stages.

  • Lydian's business model is geared to advancing projects to decision points, where
    the most favoured exit strategy would be to seek a local partner and maintain
    an equity position from a producing mine. Alternatively, the company may opt to:
    • joint Venture the project with a major;
    • or float off an asset, offering it to existing and new shareholders.



Lydian’s 2009 Objectives

  • NI-43101 compliant resource at Amulsar Project in Armenia.
  • NI-43101 compliant resource and pre-feasibility at Drazhnje Project in Kosovo.
  • Drill test Crepulje Project, Kosovo.
  • Advance other licenses to drilling stage.
  • Advance and secure assets in new environments.
  • Build investor outreach and shareholder base.