Fund selling at Largo Resources (LGO)

Fund selling at Largo Resources (T:LGO)

Updated Friday Oct 12, 2018 01:41 AM EDT
J. Alberto Arias, a Director, disposed of 13,864,406 Common Shares on a control or direction basis for registered holder Arias Resource Capital Fund L.P. at a price of US$2.08 through a private transaction on October 9th, 2018. This represents a $37,388,421 divestment of the company's shares and an account share holdings change of -5.5%.

Largo Resources is in the Uranium Sub Industry Group under the Energy Sector.

Largo Resources Ltd is a Canada-based vanadium mining company. The company is focused on the production of vanadium flake and vanadium powder at the Maracs Menchen Mine located in Bahia State, Brazil. It operates through two segments: Mine properties, and Exploration and evaluation properties. It holds interest in the Currais Novos tungsten tailings property and Campo Alegre de Lourdes iron-vanadium property. The Currais Novos tungsten tailings property is located approximately 180 kilometers from Natal in the State of Rio Grande do Norte, Brazil. The Campo Alegre de Lourdes property is located approximately 880 kilometers north-northeast of Brasilia and over 650 kilometers northwest of Salvado. In Canada, the Company holds interest in the Northern Dancer tungsten-molybdenum property, located in the Yukon Territory.


Top