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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 lurkeroneon Feb 18, 2009 4:33pm
346 Views
Post# 15787496

PP Closed.....

PP Closed.....

Largo Resources six-cent private placement

Largo Resources Ltd (C:LGO)
Shares Issued 142,899,674
Last Close 2/17/2009 $0.08
Wednesday February 18 2009 - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Dec. 10, 2008.

Number of shares:  41,152,827

Purchase price:  Six cents per share

Hidden placees:  20

Insider participation:  Timothy Louis Mann, 200,000; Andy Campbell, 200,000; Deborah Battiston, 250,000; Linear Capital Corp. (Mark Brennan), 350,000; William Pearson, 200,000; Stan Bharti, 416,666

Finder's fee:  A total of $14,100 in cash payable to Delano Capital Corp. and Union Securities Ltd.

For further details, please refer to the company's news releases dated Feb. 5, 2009, and Feb. 10, 2009.

© 2009 Canjex Publishing Ltd.

Bullboard Posts