/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Nov. 29, 2013 /CNW/ - Largo Resources Ltd. (TSXV:LGO) ("Largo" or the "Company") announced today a C$17 million non-brokered private placement of common shares (the "Offering") at a price of C$0.20 per common share resulting in the issuance of up to 85,000,000 common shares. Proceeds from the offering will be used for the Company's Maracás Vanadium Project and general corporate purposes. The Company anticipates that approximately C$15 million of the Offering, or up to 75,000,000 common shares, will be purchased by funds managed by Arias Resource...
↧
