Tungsten Investing News » Largo Resources Closes Private Placement

Largo Resources Closes Private Placement

December 14, 2009 @ 2:11 pm In Tungsten Company News

Largo Resources Ltd. (TSX VENTURE:LGO) reported that the company has closed its previously announced flow-through private placement financing through the issuance of 5,555,555 flow-through shares at a price of $0.18 per flow-through share for total gross proceeds of approximately CAD$1,000,000.

The press release is quoted as saying:

Largo Resources Ltd. is a Canadian natural resource development and exploration company with three advanced stage projects: the Maracas Vanadium-PGM deposit in Brazil, the Northern Dancer Tungsten-Molybdenum deposit in the Yukon and the Currais Novos Tungsten Project in Brazil.

Click here to access the entire press release ^[1]

Click here to access Largo Resources Corporate Site ^[2]

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URL to article: http://tungsteninvestingnews.com/293-largo-resources-closes-private-placement.html

URLs in this post:

[1] Click here to access the entire press release: http://www.marketwirecanada.com/mw/rel_ca.jsp?id=1090557&k=tungsten

[2] Click here to access Largo Resources Corporate Site: http://www.largoresources.com/