Record production of 2,563 tonnes of V2O5 in Q3 2018, a 4% increase over Q2 2018 Record overall V2O5 recovery rate of 82.2% achieved during the month of September Total production in Q3 2018 was 6% above plant's nameplate capacity Largo Resources Ltd. is very pleased to report third quarter 2018 production results from its Maracás Menchen [...]
Largo Resources Ltd. is pleased to announce that its operating subsidiary Vanádio de Maracás S.A. has repaid in full to Banco Pine S.A. its outstanding debt of R$70,981,564.30 . The BP Debt was the only long-term debt that remained outstanding in Brazil following repayment of the Company's facilities in August 2018 . Mr. Mark Smith [...]
Largo Resources Ltd. is pleased to announce today that it will redeem US$15 million in aggregate principal amount, representing 10% of the US$150 million aggregate principal amount currently outstanding, of its 9.25% Senior Secured Notes due 2021 on September 20, 2018 . The Notes to be redeemed will be selected in accordance with the applicable [...]
Largo Resources Ltd. is pleased to announce that it will be featured as a presenting company at the 20th Annual Rodman & Renshaw Global Investment Conference, sponsored by H.C. Wainwright & Co., LLC. The conference is being held on September 4-6, 2018 at the St. Regis New York Hotel in New York City. Mark Smith, President and Chief Executive [...]
Q2 2018 Highlights Net income of $90.7 million and earnings per share of $0.17 after a deferred income tax recovery of $45.6 million Revenues of $103.3 million in Q2 2018, a 189% increase over Q2 2017 and a 13% increase over Q1 2018 Cash provided before non-cash working capital items of $77.7 million in Q2 2018, an increase of $66.7 million over Q2 [...]
Investor Conference Call and Webcast with CEO Mark Smith and CFO Ernest Cleave will be conducted at 10 a.m. EDT on Thursday, August 16, 2018 Largo Resources Ltd. will release its second quarter 2018 financial results on Monday, August 13, 2018 after the close of market trading. The Company will also host a conference call on Thursday, August 16 [...]
TORONTO, Aug. 2, 2018 /CNW/ - Largo Resources Ltd. is pleased to announce that, further to its press release of July 17, 2018, it has now repaid in full an aggregate of US$144.1 million in debt owing to the Brazilian Development Bank and to Largo's syndicate of commercial lenders comprised of Itaú Unibanco S.A., Banco Bradesco S.A. and Banco [...]
/STATES/ TORONTO, July 24, 2018 /CNW/ - Largo Resources Ltd. announced today the closing of the previously announced underwritten secondary offering of 60,000,000 common shares and an additional 9,000,000 common shares representing the exercise in full of the over-allotment option which was exercised on closing by the underwriters . The selling [...]
TORONTO, July 20, 2018 /CNW/ - Largo Resources Ltd. announces that, further to its earlier press release today, it has obtained a receipt for the filing of its final short form prospectus in connection with the previously announced secondary offering of common shares. A copy of the final short form prospectus and the receipt are available on SEDAR [...]
Largo Resources announced today the pricing of the previously announced secondary offering by the selling shareholders listed below for an aggregate of 60,000,000 common shares at a public offering price of $1.40 per share, for an aggregate price to the public of $84,000,000. The Offering is expected to close on or about July 24, 2018, subject to [...]
Largo Resources is pleased to provide guidance on its expected revenue for the three month period ending June 30, 2018 anticipating revenue of between CDN$99 million and CDN$107 million, a new quarterly revenue record for the Company. Our anticipated Q2 2018 revenue would represent an increase of between approximately 176.6% and 198.9% over Q2 [...]
Total production of 2,458 tonnes of V2O5 in Q2 2018, a 13% increase over Q2 2017 and a 11% increase over Q1 2018 New average daily production record for June of 29.4 tonnes of V2O5 produced per day Overall V2O5 recovery rate of 79.2% achieved in Q2 2018 TORONTO, July 10, 2018 /CNW/ - Largo Resources Ltd. is pleased to report second quarter 2018 [...]