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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

Comment by st_estebanon Jan 29, 2021 2:24pm
561 Views
Post# 32422018

RE:Insider Selling

RE:Insider SellingIan Mitchell is a partner* in Gowling WLG's Toronto office and head of Mining. Hepractises primarily in the areas of corporate finance and securities, with an emphasis onpublic and large private company transactions and advice.
  • Counsel to Largo Resources Ltd. in connection with its secured US$150M high yieldnote offering.
  • Counsel to Largo Resources Ltd. in connection with a $96.6M secondary offering ofcommon shares by key investors
  • Counsel to Largo in connection with the negotiation of amendments to its previouslysecured project financing (approximately US$170M) from the Brazilian DevelopmentBank guaranteed by a syndicate of Brazilian commercial banks, led by Banco Itau BBAfor the construction of its vanadium mine in Brazil. This transaction was selected forProject Finance Magazine's Latin American Mining Deal of the Year 2012 award
  • Counsel to Largo Resources Ltd in connection with various equity financings foraggregate proceeds of approximately $315M
https://gowlingwlg.com/en/people/r-ian-mitchell/#panel-button1

I think Largo paid in shares/options when cash was short.....

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