Company Press Releases

Largo Resources Reports First Quarter Net Income of $45.8 Million

2018-05-07 / @newswire

Net income of $45.8 million and earnings per share of $0.09 Revenues of $91.0 million in Q1 2018, a 210% increase over Q1 2017 Cash provided before non-cash working capital items of $61.9 million in Q1 2018, an increase of $56.8 million over Q1 2017 Total production of 2,214 tonnes of V2O5 in Q1...Read More

Largo Resources Announces Expansion Plan for the Marac??s Menchen Mine

2018-04-16 / @newswire

Enhanced production rates will increase monthly production at the Maracás Menchen Mine to 1,000 tpm of V205, being a 25% increase from nameplate capacity Additional significant free cash flow generation expected from operations as a result Management believes total capacity could be expanded...Read More

Largo Resources Ltd. Announces Completion of Restructuring of Debt Facilities with Banco Pine

2018-04-04 / @newswire

TORONTO, April 4, 2018 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") (TSX: LGO) (OTCQB: LGORF) is pleased to announce that it, along with its operating subsidiary, Vanádio de Maracás S.A. ("Vanádio"), have completed a restructuring and convers...Read More

Largo Reports Highlights of its Fiscal 2017 Financial and Operating Results

2018-03-23 / @newswire

Revenues for Q4 2017 exceeded direct mine and mill costs by $29,516; achieved with a Q4 average price of vanadium pentoxide of US$8.13. The posted price range of vanadium pentoxide effective as of March 23, 2018 is US$15.00 to $16.00/lb (Source: Metal Bulletin). 2018 production guidance is 8,950...Read More

Largo Resources Ltd. announces binding term sheet in respect of the restructuring of remaining debt facilities with Banco Pine

2018-03-08 / @newswire

TORONTO, March 8, 2018 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") (TSX: LGO) (OTCQB: LGORF) is pleased to announce that it, along with its operating subsidiary, Vanádio de Maracás S.A. ("Vanádio"), have entered into a binding term sheet (th...Read More

Largo Announces Agreement to Qualify, Produce and Sell Vanadium Powder & Provides Operational and Vanadium Market Update

2018-03-05 / @newswire

TORONTO, March 5, 2018 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") is very pleased to announce that it intends to qualify, produce and sell vanadium pentoxide powder ("V2O5 powder") via Glencore International AG, the existing exclusive off taker of all van...Read More

Largo Resources Applauds China's New Rebar Standard And Central Government's Special Action to Cut Down "Substandard Steels"

2018-02-12 / @newswire

TORONTO, Feb. 12, 2018 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") announces its support for the new rebar standard announced on February 9, 2018 by the Standardization Administration for the People's Republic of China.  This announcement also includes a s...Read More

Uptick Newswire "Stock Day" Interviews Largo Resources LTD. on Worldwide Impact of Their Vanadium Resources

2018-01-16 / @nasdaq

PHOENIX, Jan. 16, 2018 (GLOBE NEWSWIRE) -- The Uptick Newswire “Stock Day” podcast keeps investors up to date on the latest penny stock news by bringing transparency in the micro-cap side of the market. Connect with “Stock Day” and to over 600+ interviews from CEO&#...Read More

Largo produces a record 903 tonnes of vanadium pentoxide in December, being 12.9% above nameplate capacity and a record 2,539 tonnes in Q4 2017

2018-01-02 / @newswire

TORONTO, Jan. 2, 2018 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") (TSX: LGO) (OTCQB: LGORF) is excited to announce that it has set a new monthly production record at its Maracás Menchen Mine during the month of December 2017. The Company produced 903 tonnes of...Read More

Largo Resources announces closing of second and final tranche of private placement for aggregate proceeds of $35.5 million

2017-12-14 / @newswire

/THIS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ TORONTO, Dec. 13, 2017 /CNW/ - Largo Resources Ltd. (TSX - LGO) (the "Corporation") is pleased to announce the...Read More

Largo Resources Announces Increase to Private Placement Offering for Maximum Proceeds of $35 Million

2017-12-08 / @newswire

/THIS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ TORONTO, Dec. 7, 2017 /CNW/ - Largo Resources Ltd. (TSX - LGO) (the "Corporation") is pleased to announce that...Read More

Largo Resources Announces Closing of First Tranche of Private Placement for Proceeds of $8 Million

2017-12-01 / @newswire

/THIS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ TORONTO, Dec. 1, 2017 /CNW/ - Largo Resources Ltd. (TSX - LGO) (the "Corporation") is pleased to announce the c...Read More

Largo Reports First Quarterly Net Income and Other Financial and Operational Highlights for Q3 2017

2017-11-06 / @newswire

Largo is for the first time reporting quarterly net income since its Marac??s Menchen Mine started commercial production. Net income for Q3 2017 of $13.5 million compares to a loss of $24.7 million for Q3 2016. Operating cash flows before changes in non-cash working capital items increased to $29...Read More

Largo announces results of Life-of-Mine Study for its Maracás Menchen Mine and resulting significant increase in NPV

2017-10-26 / @newswire

TORONTO, Oct. 26, 2017 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") (TSX: LGO) (OTCQB: LGORF) is pleased to announce the results of an independent National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") Technical Report (the "Technical Report"), containin...Read More

Largo has record quarterly production of 2513 tonnes of vanadium pentoxide in Q3, being 4.7% above nameplate capacity

2017-10-03 / @newswire

TORONTO, Oct. 3, 2017 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") (TSX: LGO) (OTCQB: LGORF) is excited to announce that it has achieved a new quarterly production record at its Marac??s Menchen Mine during Q3 2017. The Company produced 2513 tonnes of vanadium pentoxide ("vanadium" o...Read More

Largo Produces a Record 888 Tonnes of Vanandium Pentoxide in August, Being 11% Above Nameplate Capacity

2017-09-05 / @newswire

TORONTO, Sept. 5, 2017 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") (TSX: LGO) (OTCQB: LGORF) is excited to announce that it has achieved a new monthly production record at its Marac??s Menchen Mine during the month of August. The Company produced 888 tonnes of vanadium pentoxide ("vana...Read More

Largo Announces Results of Annual and Special Meeting of Shareholders

2017-08-31 / @newswire

TORONTO, Aug. 31, 2017 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") (TSX: LGO) (OTCQB: LGORF) hereby announces the voting results from the Company's Annual and Special Meeting of Shareholders held on Thursday June 29, 2017 (the "Meeting"). A total of 299,817,143 common shares were...Read More

Largo Announces Shipment of its 1000th Lot of Vanadium Pentoxide

2017-08-24 / @newswire

TORONTO, Aug. 24, 2017 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") is pleased to announce that it recently surpassed its 1000th lot shipment of vanadium, representing approximately 44 million pounds of vanadium pentoxide (V2O5). Mark Smith, President and Chief Executive Offic...Read More

Largo Reports Highlights of its Q2 2017 Financial and Operating Results

2017-08-14 / @newswire

Operating cash flows before changes in non-cash working capital items increased to $11.0 million, from $5.2 million in Q1 2017 and negative $4.5 million in Q2 2016. V2O5 production increased to 2,182 tonnes in Q2 2017 from 2,062 tonnes in Q1 2017, but was below Q2 2016 at 2,311 tonnes, due to the...Read More

Largo Resources Ltd. announces a non-binding term sheet in respect of the restructuring and conversion of existing debt facilities with Banco Pine

2017-07-24 / @newswire

TORONTO, July 24, 2017 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") (TSX: LGO) (OTCQB: LGORF) is pleased to announce that it, along with its operating subsidiary, Van??dio de Marac??s S.A. ("Van??dio"), have entered into a non-binding term sheet for the restructuring and conversion of t...Read More

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