July 21 (Reuters) - Lydian International Ltd LYD.TO :
* Lydian announces proposed investment by the European Bank For Reconstruction And Development
* Says placement has aggregate gross proceeds of c$11.4 million
* Says EBRD will subscribe for an aggregate of 33.5 million ordinary shares of company at a price of c$0.34 per share
* Upon completion of placement, European bank for reconstruction and development to hold 45.5 million shares of co Source text for Eikon: Further company coverage: LYD.TO
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