Warrants Exercised Elysee's investment in USV was partially funded through the sale of a significant portion of its holdings of Largo Resources Ltd., a primary vanadium miner in Brazil. In the fourth quarter of 2018, Elysee exercised 200,000 warrants of Largo at $1.15 and sold over 310,000 shares.
As of November 30, 2018 our five largest equity positions, by value, were US Vanadium LLC, Kirkland Lake Gold Corp., TerraX Minerals Inc.,
Largo Resources Ltd. and Niocorp Developments Ltd., with cash on hand of $4 Million.
About Elysee Development Corp.
Elysee Development Corp (TSXV: ELC) is a diversified investment and venture capital firm with a focus on the natural resource sector. For more information, please visit our web site at www.elyseedevelopment.com.