E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 12/10/2008 in the Prospect News PIPE Daily.

New Issue: Largo arranges C$3 million private placement of shares

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.
Issue:Common shares
Amount:C$3 million
Price:C$0.06
Warrants:No
Agent:Non-brokered
Pricing date:Dec. 10
Stock symbol:TSX Venture: LGO
Stock price:C$0.07 at close Dec. 9

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.