Tungsten Investing News » Largo Resources Closes Private Placement Financing

Largo Resources Closes Private Placement Financing

March 9, 2010 @ 4:17 pm In Tungsten Company News

Largo Resources Ltd. (TSX VENTURE:LGO) reporte that it has completed the first tranche of its previously announced private placement of 22,727,273 special warrants of the Company, at a price of $0.22 per Special Warrant, for gross proceeds of approximately $5,000,000.

The press release is quoted as saying:

Largo Resources Ltd. is a Canadian natural resource development and exploration company with two advanced stage projects: the Maracas Vanadium-PGM deposit in Brazil and the Northern Dancer Tungsten-Molybdenum deposit in the Yukon. The company is listed on the TSX Venture Exchange under the symbol LGO.

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

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

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URLs in this post:

[1] Click here to access the entire press release: http://www.marketwire.com/press-release/Largo-Resources-Closes-First-Tranche-of-Private-Placement-Financing-TSX-VENTURE-LGO-1127824.htm

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