By Devika Patel
Knoxville, Tenn., Dec. 10 - Largo Resources Ltd. announced a C$3 million non-brokered private placement of stock.
The company will sell common shares at C$0.06 per share.
Proceeds will be used for working capital.
Largo is a Toronto-based resource development and exploration company.
Issuer: | Largo Resources Ltd.
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Issue: | Common shares
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Amount: | C$3 million
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Price: | C$0.06
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Warrants: | No
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Agent: | Non-brokered
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Pricing date: | Dec. 10
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Stock symbol: | TSX Venture: LGO
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Stock price: | C$0.07 at close Dec. 9
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