Lydian lenders agree to extend forbearance agreement

TSX-listed Lydian International has entered into a second amended and restated (A&R) forbearance agreement with its senior lenders, stream financing providers and equipment financiers. Lydian previously reported that following a change in the Armenian government in May 2018, demonstrations and road blockades, initially primarily targeted at the mining sector, occurred sporadically throughout the country. A  continuous “illegal blockade” at Lydian’s Amulsar gold project has been in place since June 22, 2018, resulting in the suspension of construction activities.