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Largo Inc T.LGO

Alternate Symbol(s):  LGO

Largo Inc. is a Canada-based producer and supplier of vanadium products. The Company’s segments include sales & trading, mine properties, corporate, exploration and evaluation properties (E&E properties), Largo Clean Energy and Largo Physical Vanadium. Its VPURE and VPURE+ products, which are sourced from one of the vanadium deposits at the Company's Maracas Menchen Mine in Brazil. The Company is also focused on the advancement of renewable energy storage solutions through Largo Clean Energy and its vanadium redox flow battery technology (VRFB). The Company is also engaged in the process of implementing a titanium dioxide pigment plant using feedstock sourced from its existing operations, in addition to advancing its United States-based clean energy division with its VCHARGE vanadium batteries. VPURE+ Flakes are used in the production of master alloys, where it provides high strength-to-weight ratios for the titanium alloy and aerospace industries.


TSX:LGO - Post by User

Bullboard Posts
Post by sailingdudeon Jun 09, 2014 5:01pm
291 Views
Post# 22643570

Roll Back of shares???

Roll Back of shares???
What does this the below statement mean exactly?

6. to consider, and if deemed advisable, pass a special resolution approving the consolidation of the Corporation’s issued and outstanding common shares, as set forth in the accompanying Information Circular

Does this mean if passed they can say roll back 100 to 1 shares without a vote from shareholders?

Has any spoke with the company about when they would go forward with this plan?

Thanks
Bullboard Posts