TORONTO, April 12, 2017 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") (TSX: LGO) (OTCQB: LGORF) is pleased to provide an operation update for its Maracás Menchen Mine ("the Mine") and to announce that it has entered into a term loan agreement. The Company is pleased to report that it has now completed its 20-day shutdown which was required to replace the kiln refractory. The replacement was completed on [...]
TORONTO, March 31, 2017 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") today released highlights of its financial results for the year ended December 31, 2016, as filed in full on SEDAR at http://www.sedar.com and on the Company's website at http://www.largoresources.com. The reader is cautioned that the below excerpt should be read in conjunction with the Company's annual consolidated financial statements for [...]
TORONTO, March 15, 2017 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") (TSX: LGO) (OTCQB: LGORF) is pleased to announce today that the syndicate of Brazilian commercial lenders (the "Lenders") under the Company's existing debt facilities have agreed to temporarily waive (the "Waiver") the requirement that the Company inject a further US$5 million in working capital into the Company's operating subsidiary, a term [...]
TORONTO, Feb. 27, 2017 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") (TSX: LGO) (OTCQB: LGORF) is very pleased to announce that Largo's vanadium pentoxide has been qualified for use by a major North American producer of master alloys for the aerospace industry. Additional qualification trials are underway at master alloy producers in Europe and Russia. High purity vanadium pentoxide is used in the production of [...]
TORONTO, Jan. 24, 2016 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") (TSX: LGO) (OTCQB: LGORF) is pleased to announce that it has closed the second and final tranche (the "Second Tranche") of its non-brokered private placement offering (the "Offering") of Units (as defined below) as previously disclosed in Largo's press release dated December 28, 2016 and January 9, 2017. The closing of the Second Tranche [...]
TORONTO, Jan. 9, 2017 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") (TSX: LGO) (OTCQB: LGORF) is pleased to announce today that it has closed the first tranche (the "First Tranche") of its non-brokered private placement offering (the "Offering") of Units (as defined below) as previously disclosed in Largo's press release dated December 28, 2016. The closing of the First Tranche resulted in gross proceeds to the [...]
TORONTO, Jan. 3, 2017 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") (TSX: LGO) (OTCQB: LGORF) is pleased to announce it has achieved a new monthly production record at its Maracás Menchen Mine during the month of December. The Company produced 828 tonnes of vanadium pentoxide ("Vanadium" or "V2O5") surpassing by 22 tonnes the Company's previous monthly production record of 806 tonnes set during September [...]
TORONTO, Dec. 28, 2016 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") announces a proposed non-brokered private placement financing (the "Offering") of up to 52,400,000 units ("Units") of the Company for aggregate gross proceeds of up to CDN$23,580,000. Each Unit will be sold at a price of CDN$0.45, which price is equal to a 13.5% discount to the 5-day weighted average price of the common shares of the Company [...]
TORONTO, Dec. 28, 2016 /CNW/ - Largo Resources Ltd. (TSX-V:LGO) ("Largo" or the "Company") is pleased to announce that, further to its press release of December 8, 2016, Largo and Vanadio de Maracás SA ("VMSA"), the Company's operating subsidiary, have entered into definitive agreements (the "Facility Documents") with each of its three existing commercial banks in Brazil (collectively, the "Lenders") for a new debt [...]
TORONTO, Dec. 20, 2016 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") (TSX: LGO) (OTCQB: LGORF) is very pleased to announce that it intends to produce, qualify and sell its vanadium products at the specifications required for use in the aerospace alloy market sector via Glencore International AG, the existing exclusive off taker of all vanadium product currently produced from the Maracás Menchen Mine. High [...]
TORONTO, Dec. 8, 2016 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") is pleased to announce that, further to its press release of November 16, 2016, it has entered into a binding term sheet with its consortium of existing commercial banks in Brazil (collectively, the "Lenders") for a new debt facility (the "2017 Facilities"). The terms of the 2017 Facilities include: Working capital facility of up to [...]
TORONTO, Nov. 16, 2016 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") is pleased to announce that it has signed a non-binding term sheet with its consortium of existing commercial banks in Brazil (collectively, the "Lenders") for a new debt facility (the "2017 Facilities"). The terms of the 2017 Facilities include: Working capital facilitiy in aggregate of up to R$144,061,027 (Brazilian reais), granted by the [...]
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