| 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 |
|
| |
|
| 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.
|