April 9, 2018 / 10:58 AM / 7 months ago

BRIEF-Lydian Terminates Newmont Royalty Agreement And Elects Fixed Payment Option

April 9 (Reuters) - Lydian International Ltd:

* LYDIAN TERMINATES NEWMONT ROYALTY AGREEMENT AND ELECTS FIXED PAYMENT OPTION

* EXERCISED OPTION TO TERMINATE ROYALTY AGREEMENT WITH NEWMONT OVERSEAS EXPLORATION LIMITED

* CO EXERCISED OPTION TO TERMINATE 3% NSR & IN LIEU THEREOF, ELECTED QUARTERLY PAYMENT OPTION TO PAY TO NEWMONT $20 MILLION Source text for Eikon: Further company coverage:

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