Largo Inc.

/STATES./ TORONTO, Dec. 1, 2017 /CNW/ - Largo Resources Ltd. is pleased to announce the closing of the first tranche of a non-brokered private placement of Units at a price of $0.82 per Unit , for gross proceeds of up to $25,000,000 . The Corporation raised gross proceeds of $8,091,769 in the First Tranche through the issuance of 9,868,012 Units. No finders' fees were paid and no finders' warrants were issued in [...]

Largo is for the first time reporting quarterly net income since its Maracás Menchen Mine started commercial production. Net income for Q3 2017 of $13.5 million compares to a loss of $24.7 million for Q3 2016. Operating cash flows before changes in non-cash working capital items increased to $29.5 million, from $11.0 million in Q2 2017 and negative $1.4 million in Q3 2016. For the nine months ended September 30 [...]

TORONTO, Oct. 26, 2017 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") (TSX: LGO) (OTCQB: LGORF) is pleased to announce the results of an independent National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101") Technical Report (the "Technical Report"), containing a Life of Mine Plan ("LOMP") for its Maracás Menchen vanadium mine in Bahia, Brazil (the "Maracás Menchen [...]

TORONTO, Oct. 3, 2017 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") (TSX: LGO) (OTCQB: LGORF) is excited to announce that it has achieved a new quarterly production record at its Maracás Menchen Mine during Q3 2017. The Company produced 2513 tonnes of vanadium pentoxide ("vanadium" or "V2O5") in Q3 2017 surpassing by 202 tonnes the Company's previous quarterly production record of 2311 tonnes set in Q2 [...]

TORONTO, Sept. 5, 2017 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") (TSX: LGO) (OTCQB: LGORF) is excited to announce that it has achieved a new monthly production record at its Maracás Menchen Mine during the month of August. The Company produced 888 tonnes of vanadium pentoxide ("vanadium" or "V2O5") in August surpassing by 60 tonnes the Company's previous monthly production record of 828 tonnes set in [...]

TORONTO, Aug. 31, 2017 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") (TSX: LGO) (OTCQB: LGORF) hereby announces the voting results from the Company's Annual and Special Meeting of Shareholders held on Thursday June 29, 2017 (the "Meeting"). A total of 299,817,143 common shares were represented at the Meeting, representing 65% of the Company's issued and outstanding shares. Shareholders voted in favour of all [...]

TORONTO, Aug. 24, 2017 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") is pleased to announce that it recently surpassed its 1000th lot shipment of vanadium, representing approximately 44 million pounds of vanadium pentoxide (V2O5). Mark Smith, President and Chief Executive Officer for Largo, stated: "We are extremely pleased to have passed this milestone in production and are very proud of the production results [...]

Operating cash flows before changes in non-cash working capital items increased to $11.0 million, from $5.2 million in Q1 2017 and negative $4.5 million in Q2 2016. V2O5 production increased to 2,182 tonnes in Q2 2017 from 2,062 tonnes in Q1 2017, but was below Q2 2016 at 2,311 tonnes, due to the planned kiln refractory relining refurbishment undertaken during March 2017 and completed by April 9, 2017. Revenues increased [...]

TORONTO, July 24, 2017 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") (TSX: LGO) (OTCQB: LGORF) is pleased to announce that it, along with its operating subsidiary, Vanádio de Maracás S.A. ("Vanádio"), have entered into a non-binding term sheet for the restructuring and conversion of their existing debt facilities with Banco Pine S.A (the "Lender"). Highlights of the Proposed Arrangement [...]

TORONTO, July 12, 2017 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") (TSX: LGO) (OTCQB: LGORF) is pleased to announce that, further to its release of March 15, 2017, effective June 30, 2017 the syndicate of Brazilian commercial lenders (the "Lenders") under the Company's existing debt facilities have agreed to (i) terminate the US$5 million March 2017 capital injection requirement which has been the subject of a [...]