Q1 2019 V2O5 production of 2,099 tonnes, a 5% decrease from Q1 2018 Kiln refractory replacement completed ahead of schedule Global V2O5 recovery rate of 80.0% achieved in Q1 2019, a 5% increase over Q1 2018 Q1 2019 financial results conference call: Wednesday, May 15th, 2019 at 12:00 p.m. EST Largo Resources Ltd. announces first quarter 2019 [...]
Largo Resources Ltd. announces the appointment of Mr. Jonathan Lee to its Board of Directors as a director nominee of Arias Resource Capital Fund L.P., Arias Resource Capital Fund II L.P. and Arias Resource Capital Fund II L.P. . Mr. Lee is a Vice President with the private equity firm Arias Resource Capital Management LP. Prior to Arias Resource [...]
All financial figures are in Canadian dollars unless otherwise stated. Q4 2018 Highlights Net income of $108.0 million and basic earnings per share of $0.21 in Q4 2018 Revenues of $177.5 million in Q4 2018, a 262% increase over Q4 2017 and a 19% increase over Q3 2018 Cash provided before non-cash working capital items of $134.4 million in Q4 2018 [...]
Largo Resources Ltd. announces that management is unaware of any material change in the Company's operations that would account for the recent increase in market activity. Largo's stock triggered the single stock circuit breaker which resulted in a temporary trading halt and trading resumed approximately 15 minutes later. Operations at the [...]
Shareholder Conference Call with Mark Smith, CEO and Ernest Cleave, CFO will be conducted at 10:00 a.m. EDT on Wednesday, March 27, 2019 Largo Resources Ltd. will release its fourth quarter and full year 2018 financial results on Tuesday, March 26, 2019 after the close of market trading. The Company will also host a conference call on Wednesday [...]
Largo Resources Ltd. announces the resignation of an ARC Funds' nominee director, Mr. Sam Abraham from the Board of Directors of the Company . Mr. Abraham joined the Board in July 2015 and the ARC Funds have asked him to resign his directorship and will replace this vacancy with a new ARC Funds nominee director for consideration by the Board. In [...]
Largo Resources Ltd. reports that it has filed a final base shelf prospectus with the securities regulatory authorities in the provinces of British Columbia, Alberta, Manitoba and Ontario. The Shelf Prospectus will allow Largo and certain of its security holders to qualify the distribution by way of prospectus of up to $750 million of common [...]
Largo Resources Ltd. is pleased to announce that it has completed the repurchase and retirement of US$59.2 million in aggregate principal amount plus premium and accrued and unpaid interest. This repurchase and retirement includes US$47.8 million and US$8.1 million as previously announced December 31, 2019 and January 9, 2019, respectively, in [...]
Largo Resources Ltd. is very pleased to announce it has ranked number one on the 2019 OTCQX® Best 50, a list of top performing companies traded on the OTCQX Best Market last year. Mark Smith, Chief Executive Officer for Largo, stated: "Largo is extremely proud to receive the distinction of top performing company on the OTCQX in 2018 with a [...]
Largo Resources Ltd. announces today that Mr. Alberto Beeck has resigned as a member of the Board of Directors effective immediately. Mark Smith, Chief Executive Officer for Largo, stated: "On behalf of Largo's Board of Directors and management team, I would like to sincerely thank Mr. Beeck for his long-standing commitment and valuable [...]
Record production of 2,595 tonnes of V2O5 in Q4 2018, a 2% increase over Q4 2017 Record FY 2018 production of 9,830 tonnes of V2O5, exceeding midpoint guidance of 9,650 tonnes by 2% and a 6% increase over FY 2017 2019 Guidance: Annual V2O5 production of 10,000-11,000 tonnes; Average annual cash operating costs excluding royalties1 of [...]
Largo Resources Ltd. is pleased to announce that it has agreed to repurchase and retire an additional US$8.1 million in aggregate principal amount plus premium and accrued and unpaid interest. Following this repurchase for cancellation the remaining aggregate principal amount outstanding on the Company's 9.25% Senior Secured Notes due 2021 will be [...]