Standard & Poor's Canadian Index Operations announces the following index changes as a result of the quarterly S&P/TSX Preferred Share Index and S&P/TSX Venture Select Index Reviews. These changes will be effective at the open on Monday, April 23, 2012:
TORONTO, April 2, 2012 /CNW/ - Largo Resources Ltd. ('Largo' or the 'Company') is pleased to announce that it has concluded clearing the project site area necessary to begin construction activities at its Maracás Vanadium Project in Bahia, Brazil. Following the completion of its Bridge loan and equity issuance, contracts
TORONTO, March 30, 2012 /CNW/ - Largo Resources Ltd. ('Largo' or the 'Company') announced today that it continues to make progress towards closing its long term debt facility for its Maracas Project with the Business Development Bank of Brazil ('BNDES'). Largo has been informed by its financial agent, Banco Itau BBA S.A ('Itau') that the final funding package has been
TORONTO, March 12, 2012 /CNW/ - Largo Resources Ltd. ('Largo' or the 'Company') is pleased to announce that, further to its press release of March 8, 2012, the first tranche of funds in an amount equivalent to US$12 million in Reais from the previously announced CDN$30 million Bridge Loan (the 'Bridge Loan') has been disbursed to the Company. Concurrently, Largo announces the
•BNDES to provide US$ 180 million facility •Bank Itau and Bank Votorantin to provide $30 million Bridge Loan •Company to raise additional $14 million in Equity •Engages Runge Mining Ltd. to complete updated 43-101 technical report to detail economics of the project
TORONTO, March 8, 2012 /CNW/ - Largo Resources Ltd. ('Largo' or the 'Company') is pleased to announce that the
TORONTO, ONTARIO -- (Marketwire) -- 02/06/12 -- Largo Resources Ltd. (TSX VENTURE: LGO) ('Largo' or the 'Company') is pleased to welcome Mr. John Laurie to the position of Chief Financial Officer of the Company.
Mr. Laurie, a Chartered Accountant, has over 30 years of senior financial management experience for a number of multinational companies across a variety of sectors, including mining. Most recently, Mr. Laurie
TORONTO, ONTARIO -- (Marketwire) -- 01/09/12 -- Largo Resources Ltd. (TSX VENTURE: LGO), ('Largo' or the 'Company') is pleased to welcome Mr. Ken Kuchling, P.Eng to the position of Vice President of Engineering for the Company.
- Largo Appoints Dan Ioschpe to Board of Directors
TORONTO, ONTARIO -- (Marketwire) -- 12/14/11 -- Largo Resources Ltd. (TSX VENTURE: LGO) ('Largo' or the 'Company') announced today that it has completed its first commercial shipment of tungsten from its Currais Novos project in Rio Grande do Norte, Brazil. On December 5, 2011 the company shipped approximately 1,500 metric tonne units ('MTUs') of tungsten concentrate from Currais Novos to its US based client.
TORONTO, ONTARIO -- (Marketwire) -- 12/09/11 -- Largo Resources Ltd. (TSX VENTURE: LGO) ('Largo' or the 'Company') is pleased to announce today that certain holders (the 'Exercising Holders') of subscription receipts of the Company (each, a 'Subscription Receipt') have exercised (the 'Partial Exercise') an aggregate of 31,428,571 Subscription Receipts (the 'Partial Exercise Receipts'), originally purchased for $0.35 per
- Maracas Project Now Ready to Enter Into Construction Phase
TORONTO, ONTARIO -- (Marketwire) -- 11/10/11 -- Largo Resources Ltd. (TSX VENTURE: LGO) ('Largo' or the 'Company') is pleased to announce that Vanadio de Maracas Ltda., a 100% owned Brazilian subsidiary of Largo, has received binding commitments from a consortium of commercial banks led by Banco Itau BBA S.A. ('Itau BBA'), a subsidiary of Itau Unibanco Group and one of Brazil's leading banks, for guarantees of a Brazilian Development Bank ('BNDES') loan facility in the principal amount of up to US$150 million for the development of its Maracas Vanadium Project in Bahia State, Brazil.