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Lydian International Ltd T.LYD


Primary Symbol: LYDIF

Metals & Mining Gold
Lydian International Ltd is a gold focused mineral development corporation engaged in exploring and developing precious metals assets located in Armenia and Georgia. Its main project is Amulsar Gold Project (Amulsar) in Armenia. It owns the Amulsar Project, through its wholly-owned subsidiary Lydian Resources Armenia. Amulsar is a compelling opportunity for a large scale, low cost operation utilizing open pit mining and conventional heap leach processing.


OTCPK:LYDIF - Post by User

Lydian International Ltd > Talking Heads
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Comment by rarihokwatson Jan 02, 2020 8:07am
170 Views
Post# 30510245

RE:RE:RE:RE:Talking Heads

RE:RE:RE:RE:Talking Heads Don't understand.

Debtor in Possession (DIP) financing is part of a company's Chapter 11 bankruptcy working capital strategy. The funding is available while the company is going through a reorganization, hoping to eventually come out of bankruptcy with a stronger balance sheet and a plan to move forward.

Lyd is not a US company so chapter 11 not applicable.



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