Lydian Intl Ltd fka LYDIF

[avie477a]

Lydian Armenia plans to restart operation at Amulsar
22:48, 11.06.2020
Region:Armenia
Theme: Economics, Society
SHARES


Lydian Armenia has posted on its Facebook page a statement stating that the news about its operation and the Amulsar project are inaccurate.

In its statement, the company states that lawyer-activist Nazeli Vardanyan has told deputies of the National Assembly that “…the Amulsar mine will probably be zeroed in their [Lydian Armenia’s] balance” during a session of the committee leading a probe into the lawfulness, substantiation and reliability of financial and other reports presented to and accepted by the government within the scope of investment projects in the field of metallic mining industry.

Lydian Armenia states that the Amulsar project remains the 100% ownership of Lydian Armenia, the company still possesses all rights for exploitation of the mine and plans to resume activities at Amulsar to end construction of the mine. It also reminds that just a day ago, the first instance court of Armenia viewed Nazeli Vardanyan’s previous statements on Lydian Armenia as slander and obliged her to refute them.

The company states that its lawyers will consider the appropriateness of filing another lawsuit against Nazeli Vardanyan since the latter continues to disseminate misinformation and make illogical statements, misleading the public.

https://news.am/eng/news/584768.html