New Issue: Lydian International wraps C$1.78 million private placement of shares

By Devika Patel

Knoxville, Tenn., April 14 - Lydian International Ltd. said it has completed a C$1.78 million private placement of stock with International Finance Corp. It also completed a C$10 million public offering of stock.

The company sold 2,436,575 ordinary shares at C$0.73 apiece in the private placement.

Lydian is a mineral exploration and development company based in Jersey, Channel Islands.

Issuer:	Lydian International Ltd.
Issue:	Ordinary shares
Amount:	C$1,778,699
Shares:	2,436,575
Price:	C$0.73
Warrants:	No
Investor:	International Finance Corp.
Settlement date:	April 14
Stock symbol:	Toronto: LYD
Stock price:	C$0.85 at close April 13

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