Friday, April 12 2019 17:49

ArmInfo. Lydian International Limited (TSX:LYD)  ("Lydian" or the "Company") today announced the Administrative Court  of the Republic of Armenia ruled in favour of Lydian and instructed  the Armenian Police to remove trespassers and their property from the  Company's Amulsar Project site and assure Lydian free passage to  Amulsar. This is stated in the official report of Lydian  International Limited received by ArmInfo.

On September 20, 2018, Lydian filed an appeal with the Administrative  Court of Armenia to have the Police enforce the rule of law and  remove protesters trespassing on Company property and denying all  road access to the Amulsar Project. The Court ruling, announced April  10, 2019, supports Lydian Armenia CJSC's complaint against a decision  made by the local police that there was no basis for the removal of  protesters, their vehicles, tents, and trailers to allow Lydian to  access the Amulsar Project site.

The Court ruling stated that the right to assembly is not absolute  and may not be exercised anywhere, in this case, on private property  without the consent of the legitimate owner. Therefore, the police  are required to remove the trespassers and their property from the  Company's Project site. The court's ruling is effective one month  after the date of publication unless appealed prior to that date. At  this time, the blockades remain in place and the protestors remain on  site. Lydian is seeking the police's immediate enforcement of the  court's ruling.

Joao Carrelo, President and CEO of Lydian, stated: "Lydian's Amulsar  Project has been illegally blockaded since June 22 last year. While  we respect individuals' right of free expression, we strongly believe  this cannot be exercised in an illegal manner at the expense of the  rights of others, meaning in this case Lydian's shareholders,  lenders, employees, community members, and other stakeholders. Lydian  has initiated several legal actions in Armenia since July 2018 to  protect the rights of the Company. This is a long overdue step that  we hope will become an important milestone towards the abolishment of  unlawfulness and discrimination that Lydian has been facing since  June 2018. We look forward to the prompt implementation by the police  of the Court's ruling."

Lydian fully reserves all rights and remedies to address any disputes  under Armenian and international law. To the extent that Armenian  authorities fail to implement the decision of the Administrative  Court of the Republic of Armenia and do not remove trespassers from  the Amulsar Project site, Armenia will continue to be in breach of  its obligations under Armenian and international law.