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 > Nasdaq listing

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Comment by kha341on Mar 09, 2021 5:41pm

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Post# 32755786

RE:RE:RE:RE:RE:RE:Nasdaq listing

kha341 wrote:

lucidvision wrote:

PS: ARIAS has been with us through thick and thin... no doubt that he is pusing this verticality... he knows this is not done without a future view... He has been, is and will be ALL there in support of Largo... no??

It's a sure bet that Arias will continue to be the Chairman of the BoD. .

However Arias Funds just exercised some 85M warrants ( with 24M converted shares transferred to Distribution in Kind). The common shares held by Arias Funds now represent about 47% of Largo’s o/s shares. Arias / Arias Funds will continue to be the biggest stockholder / controlling interest of the company but I would not be surprised if they decided to sell a considerable chunk of their collective portfolios together with the listing on Nasdaq. Don’t forget that Arias Funds sold 47.2M shares in 2018 (33.3M @ C$1.40 in July and 13.9M @ US$2.08 in Oct). It is also likely, imo, that the 24M held by Distribution in Kind will be sold.