Largo Inc T.LGO

Alternate Symbol(s): LGO

Metals & Mining Industrial Metals & Minerals

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.

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Largo Inc > Q1-21 Warrants

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Comment by kha341on Feb 05, 2021 1:46pm

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Post# 32485788

RE:RE:RE:RE:RE:RE:RE:Q1-21 Warrants

kha341 wrote:

Note: 54.6M warrants were exercised on Feb 1 2021. However ARC Funds only had 45.6M warrants with expiry date = March 1st 2021. That’s why I believe that 54.6M warrants exercised on Feb 1 2021 must also include the warrants with expiry date = Jan 28 2021.

Actually out of the 45.6M warrants with expiry date = March 1st 2021 (2nd Tranche), 13.15M were already exercised by ARCF in Dec 2020. So the remaining balance from that lot = 32.45M warrants.
And yet ARCF exercised 54.6M warrants on Feb 1 2021. So the difference of 22.15 M had to come from the lot with expiry date = Jan 28 2021 (1st Tranche)

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