Moly Investing News » Largo Resources Announces Private Placement

Largo Resources Announces Private Placement

November 30, 2009 @ 8:40 pm In Moly Company News

Largo Resources Ltd. (TSX VENTURE:LGO) reported that the Company has agreed to issue 5,555,555 flow-through shares at a price of $0.18 per share for total gross proceeds of approximately $1,000,000.

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.marketwirecanada.com/mw/rel_ca.jsp?id=1083510&k=Molybdenum

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