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Lydian International (TSX:LYD) announced that it has closed its previously announced bought-deal financing for gross proceeds of C$16.5 million. Lydian intends to use net proceeds from the offering to advance its Amulsar gold project and for general corporate purposes.
Lydian International (TSX:LYD) announced that it has closed its previously announced bought-deal financing for gross proceeds of C$16.5 million. Lydian intends to use net proceeds from the offering to advance its Amulsar gold project and for general corporate purposes.
As quoted in the press release:
Scotia Capital Inc. acted as the sole bookrunner for the Offering with a syndicate that included, GMP Securities L.P., BMO Nesbitt Burns Inc. and National Bank Financial Inc.
Click here to read the Lydian International (TSX:LYD) press release
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