Oct 1 (Reuters) - Lydian International Ltd LYD.TO :
* LYDIAN ANNOUNCES CORPORATE AND FINANCING UPDATE
* LENDERS AGREED TO EXTEND INITIAL REPAYMENT DATE & AVAILABILITY PERIOD OF ITS TERM LOAN
* AGREED TO EXTEND INITIAL REPAYMENT DATE AND AVAILABILITY PERIOD OF ITS TERM LOAN TO OCTOBER 31, 2018
* LYDIAN HAS RECEIVED AN ADVANCE UNDER TERM LOAN OF US$3 MILLION
* LYDIAN HAS RECEIVED AN ADVANCE UNDER TERM LOAN OF US$3 MILLION
* ENGAGED IN DISCUSSIONS WITH LENDERS, STREAM FINANCING PROVIDERS IN RESPECT OF SUCH CREDITORS AGREEING TO FOREGO SOME PAYMENTS