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Lydian International Limited commented on a decision by Armenia’s Administrative Court to reject an Application calling for the Minister of Environment to revoke the Environmental Impact Assessment (“EIA”) of the Amulsar Project approved in April 2016.  The reasoning of the Court is important in the context of ongoing unlawful activities against the Amulsar Project.

A small number of private citizens alleged that ‘new ecological factors’ had come to light which justified setting aside the existing EIA.  The evidence relied upon by the activists included: (a) the disputed Report on the Amulsar Project prepared by Earth Link & Advanced Resources Development for the Investigative Committee of Armenia (“ELARD Report”);  (b) 13 points potentially justifying a new EIA sent by the Minister of Environment (“ME”) to the Prime Minister’s Chief of Staff on September 5th (“ME’s 13 Points”); and (c) the ‘findings’ of alleged experts retained by or on behalf of a vocal critic of the Amulsar Project.

Edward Sellers, Interim President & CEO of Lydian International, commented: “This is particularly good news in view of the reliance placed on the disputed ELARD Report and the ME’s 13 points in the Application.  Lydian’s EIA is compliant with Armenian and International standards and was prepared based on International best practices.”

“We are thankful that the Armenian Judiciary has confirmed the validity of the EIA.  This Application is yet another example of the continuing attempts to interfere with Lydian’s legal right to develop and operate the Amulsar Project.”

“The Prime Minister has made numerous public statements affirming that there is no legal basis on which to prevent the Company from completing and operating the Amulsar Project, and that proceeding with the Amulsar Project is in the national interest.  The Prime Minister has called for the illegal blockaders to open the roads and for access to the Amulsar Project to be restored.  Yet the illegal blockades remain.”

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