Institutional Investor Buys 11% Of Largo!$!$
Purchase Of Securities By Private Agreement.
The common shares of Largo (“Common Shares”) are listed on the TSX.
Item 2 -- Identity of the Eligible Institutional Investor
2.1 State the name and address of the eligible institutional investor.
West Family Investments, Inc. (“WFI”) 1603 Orrington Avenue, Suite 810 Evanston, IL 60201 U.S.A.
WFI is an investment manager that furnishes investment advice to and/or manages certain investment funds listed in section 2.3 of this report (the “Funds”).
The requirement to file this report was triggered by the acquisition of Common Shares by the Funds by private agreement during the month of October 2018. Prior to that acquisition, the Funds had also acquired Common Shares on the TSX and through other private agreements.
As at October 31, 2018, the Funds collectively owned the following securities of Largo:
44,444,570 Common Shares
4,576,427 warrants to purchase Common Shares at a price of $0.29 per Common Share until January, 28, 2021 (“2021A Warrants”)
3,634,712 warrants to purchase Common Shares at a price of $0.29 per Common Share until March 2, 2021 (“2021B Warrants”)
5,696,332 warrants to purchase Common Shares at a price of $0.65 per Common Share until January 6, 2020 (“2020A Warrants”)
200,000 warrants to purchase Common Shares at a price of $0.50 per Common Share until December 31, 2020 (“2020B Warrants”)
1,349,564 warrants to purchase Common Shares at a price of $0.1.15 per Common Share until December 13, 2022 (“2022 Warrants”)
https://www.sedar.com/GetFile.do?lang=EN&docClass=13&issuerNo=00005504&issuerType=03&projectNo=02837768&docId=4411727
Good Luck To All!$!$