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European Bank for Reconstruction and Development completes C$3 million equity investment in TSX-listed mining company

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European Bank for Reconstruction and Development

Fasken Martineau advised European Bank for Reconstruction and Development ("EBRD") on its C$3 million equity investment in Lydian International Ltd. ("Lydian"), in which EBRD acquired 3 million ordinary shares in Lydian. The EBRD is an international financial institution that supports projects in throughout central and eastern Europe, central Asia and the southern and eastern Mediterranean region. The proceeds from EBRD’s investment will enable Lydian, a gold-focused mineral development company, to fund its exploration work and studies at its Amulsar gold project in Armenia. EBRD was advised on this transaction by a team that included Thomas Wexler (banking & finance), Jodi Katz (capital markets), and Vhari Storwick (capital markets).

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