BRIEF-Lydian says enters subscription agreement with European Bank

Thu Aug 4, 2016 5:35pm EDT
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Aug 4 (Reuters) - Lydian International Ltd

* Lydian enters into subscription agreement with the european bank for reconstruction and development

* Says offering for aggregate gross proceeds of c$11.4 million

* Lydian will issue 33,500,000 ordinary shares of company at a price of c$0.34 per share Source text for Eikon: Further company coverage: