Dec 24 (Reuters) - Lydian International Ltd LYD.TO :
* LYDIAN ANNOUNCES EXTENSION OF FORBEARANCE PERIOD AND ADDITIONAL SOURCES OF LIQUIDITY
* LYDIAN - FORBEARANCE FACILITY WILL BE AVAILABLE TO BE DRAWN IN MULTIPLE ADVANCES FROM JAN 1, 2019 THROUGH JUNE 30, 2019
* LYDIAN INTERNATIONAL LTD - FORBEARANCE FACILITY HAS A MATURITY DATE OF JUNE 30, 2019
* LYDIAN INTERNATIONAL - FORBEARANCE FACILITY WILL BEAR INTEREST AT RATE OF 15% PER ANNUM, INCLUDES FURTHER 3% FEE PAID BY ORIGINAL ISSUE DISCOUNT AT EACH DRAWDOWN
* LYDIAN INTERNATIONAL - FORBEARANCE AGREEMENT CONTINUES TO BE REQUIRED AS A RESULT OF PREVIOUSLY ANNOUNCED ILLEGAL BLOCKADES IN AMULSAR SITE
* LYDIAN INTERNATIONAL - ORION, RESOURCE CAPITAL FUND & OSISKO COMMITTED TO MAKE AVAILABLE UP TO $18.56 MILLION DURING FORBEARANCE PERIOD
* LYDIAN - IF ORION & EITHER RCF, OSISKO DETERMINE THAT CO'S PURSUIT OF STRATEGIC ALTERNATIVES WILL NOT BE COMPLETED BY JUNE 30, THEY CAN TERMINATE DEAL