Investor Conference Call and Webcast with CEO Mark Smith and CFO Ernest Cleave will be conducted at 10 a.m. EDT on Thursday, August 16, 2018 Largo Resources Ltd. will release its second quarter 2018 financial results on Monday, August 13, 2018 after the close of market trading. The Company will also host a conference call on Thursday, August 16, 2018 at 10:00 a.m. EDT. Details on the conference call and live webcast are [...]
TORONTO, Aug. 2, 2018 /CNW/ - Largo Resources Ltd. is pleased to announce that, further to its press release of July 17, 2018, it has now repaid in full an aggregate of US$144.1 million in debt owing to the Brazilian Development Bank and to Largo's syndicate of commercial lenders comprised of Itaú Unibanco S.A., Banco Bradesco S.A. and Banco Votorantim S.A. , being all amounts owing to the BNDES and the Syndicate [...]
/STATES/ TORONTO, July 24, 2018 /CNW/ - Largo Resources Ltd. announced today the closing of the previously announced underwritten secondary offering of 60,000,000 common shares and an additional 9,000,000 common shares representing the exercise in full of the over-allotment option which was exercised on closing by the underwriters . The selling shareholders, listed below, received all of the net proceeds from the [...]
TORONTO, July 20, 2018 /CNW/ - Largo Resources Ltd. announces that, further to its earlier press release today, it has obtained a receipt for the filing of its final short form prospectus in connection with the previously announced secondary offering of common shares. A copy of the final short form prospectus and the receipt are available on SEDAR under the Company's profile at www.sedar.com. The common shares subject to [...]
Largo Resources announced today the pricing of the previously announced secondary offering by the selling shareholders listed below for an aggregate of 60,000,000 common shares at a public offering price of $1.40 per share, for an aggregate price to the public of $84,000,000. The Offering is expected to close on or about July 24, 2018, subject to customary closing conditions. The underwriters have been granted a 30-day [...]
Largo Resources is pleased to provide guidance on its expected revenue for the three month period ending June 30, 2018 anticipating revenue of between CDN$99 million and CDN$107 million, a new quarterly revenue record for the Company. Our anticipated Q2 2018 revenue would represent an increase of between approximately 176.6% and 198.9% over Q2 2017, if realized. The increase to revenue is expected to be driven largely by [...]
Total production of 2,458 tonnes of V2O5 in Q2 2018, a 13% increase over Q2 2017 and a 11% increase over Q1 2018 New average daily production record for June of 29.4 tonnes of V2O5 produced per day Overall V2O5 recovery rate of 79.2% achieved in Q2 2018 TORONTO, July 10, 2018 /CNW/ - Largo Resources Ltd. is pleased to report second quarter 2018 production results highlighting a new average daily production record of 29.4 [...]
TORONTO, July 3, 2018 /CNW/ - Largo Resources Ltd. announces voting results from its Annual Meeting of Shareholders held on, Thursday, June 28, 2018. A total of 420,899,466 common shares of the Company, representing 81% of the Company's issued and outstanding common shares were voted and the below individuals were elected as directors of the Company until the next annual meeting of shareholders. Detailed results of the [...]
/STATES/ TORONTO, June 22, 2018 /CNW/ - Largo Resources Ltd. reports that it filed a preliminary short form prospectus with the securities regulatory authorities in the provinces of British Columbia, Alberta, Manitoba and Ontario in connection with a proposed marketed secondary offering of 70,977,885 common shares by the Selling Shareholders listed below. The Offering will be priced in the context of the market. The [...]
TORONTO, May 31, 2018 /CNW/ - Largo Resources Ltd. reports that operations at its Maracás Menchen Mine have been minimally impacted by the national truckers' strike in Brazil which was settled as of May 30, 2018. Production is scheduled to restart as early as May 31, 2018. Until recently, the Company had been able to utilize its supplies of consumables and various intermediary stockpiles that it had accumulated [...]
TORONTO, May 29, 2018 /CNW/ - Largo Resources Ltd. is pleased to announce that the Company has been upgraded from the OTCQB® Venture Market and will commence trading on the OTCQX® Best Market under the symbol LGORF effective immediately. The Company's common shares will continue to trade on the Toronto Stock Exchange under the symbol LGO. Mark Smith, President and Chief Executive Officer for Largo, stated [...]
NEW YORK, May 29, 2018 /PRNewswire/ -- OTC Markets Group Inc. , operator of financial markets for 10,000 U.S. and global securities, today announced Largo Resources Ltd. , a mining company focused on the production of vanadium pentoxide in Brazil, has qualified to trade on the OTCQX® Best Market. Largo Resources upgraded to OTCQX from the OTCQB® Venture Market. Largo Resources begins trading today on OTCQX under [...]