•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, 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
- 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
- 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.
- Maracas Project Now Ready to Enter Into Construction Phase
TORONTO, ONTARIO -- (Marketwire) -- 11/09/11 -- 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.
TORONTO, ONTARIO -- (Marketwire) -- 11/09/11 -- Largo Resources Ltd. (TSX VENTURE: LGO) ('Largo' or the 'Company') announced today that it is expecting to receive final commitment from a consortium of commercial banks for a guaranty of its $150 million BNDES debt facility for the Maracas vanadium project imminently.
VANCOUVER, Nov. 1, 2011 /CNW/ - The following issues have been halted by Investment Industry Regulatory Organization of Canada (IIROC): Issuer Name: Largo Res Ltd. TSX-V Ticker Symbol: LGO Time of Halt: 14:05 ET Reason for Halt: Pending News Investment Industry Regulatory Organization of Canada (IIROC)
Largo Resources Ltd. is pleased to announce that the Brazilian Development Bank has provided the Company with a formal letter to confirm that the Company's Maracas Vanadium Project is eligible to receive a 100% direct loan with an eight year term to fully finance the Maracas Vanadium Project.
- The Maracas Vanadium Project is Eligible for a 100% Direct Loan from the BNDES for the Entire Eight Year Term- Largo Receives LOI Outlining Tax Incentives from Bahia State Government