Largo Resources Ltd. announces the resignation of an ARC Funds' nominee director, Mr. Sam Abraham from the Board of Directors of the Company . Mr. Abraham joined the Board in July 2015 and the ARC Funds have asked him to resign his directorship and will replace this vacancy with a new ARC Funds nominee director for consideration by the Board. In accordance with the term of the pre-existing and previously announced [...]
Largo Resources Ltd. reports that it has filed a final base shelf prospectus with the securities regulatory authorities in the provinces of British Columbia, Alberta, Manitoba and Ontario. The Shelf Prospectus will allow Largo and certain of its security holders to qualify the distribution by way of prospectus of up to $750 million of common shares, debt securities, subscription receipts, warrants and units or any [...]
Largo Resources Ltd. is pleased to announce that it has completed the repurchase and retirement of US$59.2 million in aggregate principal amount plus premium and accrued and unpaid interest. This repurchase and retirement includes US$47.8 million and US$8.1 million as previously announced December 31, 2019 and January 9, 2019, respectively, in addition to a further repurchase and retirement of US$3.3 million. The [...]
Largo Resources Ltd. is very pleased to announce it has ranked number one on the 2019 OTCQX® Best 50, a list of top performing companies traded on the OTCQX Best Market last year. Mark Smith, Chief Executive Officer for Largo, stated: "Largo is extremely proud to receive the distinction of top performing company on the OTCQX in 2018 with a one-year total return of 93% and an 8,449% increase in average daily dollar [...]
Largo Resources Ltd. announces today that Mr. Alberto Beeck has resigned as a member of the Board of Directors effective immediately. Mark Smith, Chief Executive Officer for Largo, stated: "On behalf of Largo's Board of Directors and management team, I would like to sincerely thank Mr. Beeck for his long-standing commitment and valuable contributions to the Company during his tenure as a director and wish him all the [...]
Record production of 2,595 tonnes of V2O5 in Q4 2018, a 2% increase over Q4 2017 Record FY 2018 production of 9,830 tonnes of V2O5, exceeding midpoint guidance of 9,650 tonnes by 2% and a 6% increase over FY 2017 2019 Guidance: Annual V2O5 production of 10,000-11,000 tonnes; Average annual cash operating costs excluding royalties1 of US$3.45-3.65/lb V2O5; Sustaining capital expenditures of US$10-14 million; Expansion [...]
Largo Resources Ltd. is pleased to announce that it has agreed to repurchase and retire an additional US$8.1 million in aggregate principal amount plus premium and accrued and unpaid interest. Following this repurchase for cancellation the remaining aggregate principal amount outstanding on the Company's 9.25% Senior Secured Notes due 2021 will be approximately US$37.0 million, representing a further decrease of [...]
Largo Resources Ltd. reports that it has filed a preliminary base shelf short form prospectus with the securities regulatory authorities in the provinces of British Columbia, Alberta, Manitoba and Ontario. The base shelf prospectus, when final, will allow Largo and certain of its security holders to qualify the distribution by way of prospectus of up to $750 million of common shares, debt securities, subscription [...]
This Repurchase Represents a 51% Reduction of the Company's Outstanding Notes Largo Resources Ltd. is pleased to announce that it has agreed to repurchase and retire US$47.8 million in aggregate principal amount plus premium and accrued and unpaid interest in consideration for the payment of US$51.2 million in cash. Following this repurchase for cancellation the remaining aggregate principal amount outstanding on the [...]
This Repurchase Represents a 51% Reduction of the Company's Outstanding Notes Largo Resources Ltd. is pleased to announce that it has agreed to repurchase and retire US$47.8 million in aggregate principal amount plus premium and accrued and unpaid interest in consideration for the payment of US$51.2 million in cash. Following this repurchase for cancellation the remaining aggregate principal amount outstanding on the [...]
Extensive 25,000 metre exploration program planned for 2019 on several targets near Campbell Pit including additional drilling at Novo Amparo Norte Largo Resources Ltd. is pleased to announce that it has completed the second phase of drilling at the Novo Amparo Norte deposit. NAN lies approximately 6.5 km north of Largo´s current mining operation at the Campbell Pit at its Maracás Menchen Mine and is the most [...]
TORONTO, Dec. 16, 2018 /CNW/ - Largo Resources Ltd. is pleased to announce that it has repurchased and retired an additional US$26.0 million in aggregate principal amount plus premium and accrued and unpaid interest in consideration for the payment of US$27.4 million in cash. Following this repurchase for cancellation the remaining aggregate principal amount outstanding on the Company's 9.25% Senior Secured Notes due 2021 [...]