Largo Resources is pleased to announce a C$10 million overnight marketed private placement of common shares (the "Offering") at a price of C$0.22 per common share resulting in the issuance of up to 45,454,546 common shares. The Offering will be conducted on a best efforts basis by way of private placement by a syndicate of agents led by RBC Capital Markets and including Scotiabank and Byron Capital Markets as co-leads [...]
Symbol: LGO (TSX.V)TORONTO, Oct. 4, 2012 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") is pleased to announce that the civil engineering process at its Maracás Vanadium Project in Bahia, Brazil is underway.Concrete is presently being poured for service water tanks and work on the foundations for other tanks, and piperacks. In addition, the construction of the plant administration building will [...]
TORONTO, Sept. 26, 2012 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") is pleased to announce that it has engaged Runge, Pincock, Allen and Holt to produce a Preliminary Economic Assessment ("PEA") for its Maracás Vanadium Project ("the Project") which will explore an expanded production scenario based on increased Mineral Resources (see press release dated September 17, 2012).The PEA will address the [...]
Symbol: LGO (TSX.V) After tax IRR of 22.4% and NPV of $274 million Revised mine-plan to produce vanadium pentoxide for first 5 years TORONTO, Sept. 13, 2012 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") is pleased to announce the results from a National Instrument 43-101 compliant technical report (the "Report") which outlines certain revisions to the previously determined mine-plan as well as providing a [...]
Symbol: LGO (TSX.V)www.largoresources.comProcurement of 40% of CAPEX completeTotal CAPEX savings of R$26 million to dateNew Resource at Maracas to be disclosed in SeptemberTORONTO, July 31, 2012 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") is pleased to announce that procurement and earthworks operations at its Maracas Vanadium Project are presently on schedule and under budget.To date, purchase orders and [...]
Symbol: LGO (TSX.V)www.largoresources.comTORONTO, July 18, 2012 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") is pleased to announce that it has received the first disbursement in the approximate amount of R$66 million from the Business Development Bank of Brazil ("BNDES") under the previously announced debt financing facility (the "Facility"). The Facility is for the development of Largo's Maracas [...]
Symbol: LGO (TSX.V)www.largoresources.comBNDES agrees to provide approximately US$166 million equivalent facility Conversion of all outstanding subscription receipts and concurrent release from escrow of approximately Cdn$74.4 million to LargoTORONTO, July 3, 2012 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") is pleased to announce that it has entered into a definitive agreement with the Business Development [...]
Symbol: LGO (TSX.V)www.largoresources.comTORONTO, June 27, 2012 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") is pleased to announce that the nominees Mr. David Brace, Mr. Wayne Eganand Dr. Allen Alper to its Board of Directors ("the Board") were duly elected by shareholders at the Company's Annual and Special Meeting of Shareholders on June 26th, 2012. These elected nominees replace Mr. Stan Bharti, Mr. Mike [...]
Largo Resources is pleased to announce that it has initiated full scale construction activities at its Maracas Vanadium Project.Tim Mann, Chief Operating Officer for Largo, stated "We are extremely pleased to announce today that we have officially broken ground at the Maracas project site. Our technical teams in both Canada and Brazil have been eager to progress the project into the construction phase and are poised to [...]
Full scale construction targeted to begin by June 4thSymbol: LGO (TSX.V)www.largoresources.comTORONTO, May 28, 2012 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") is pleased to announce that a contract for earth-moving activities at the Maracás Vanadium Project is in place. Equipment is being deployed to the project site at the present time with initial ground-breaking anticipated to commence by June 4th [...]
Initial construction phase has begunClick here to view infographic version of this release or enter this url:http://bit.ly/Jm45CvSymbol: LGO (TSX.V)www.largoresources.comTORONTO, May 15, 2012 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") is pleased to announce that the Board of Directors ...
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