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 7/13/2006 in the Prospect News PIPE Daily.

New Issue: Largo arranges C$1 million sale of flow-through shares

By Sheri Kasprzak

New York, July 13 - Largo Resources Ltd. priced a C$1 million private placement.

The non-brokered deal includes up to 4 million flow-through shares at C$0.25 each.

Proceeds will be used for development on the company's Northern Dancer tungsten-molybdenum deposit in the Yukon Territory.

Based in Toronto, Largo is a gold and mineral exploration company.

Issuer:Largo Resources Ltd.
Issue:Flow-through shares
Amount:C$1 million
Shares:4 million
Price:C$0.25
Warrants:No
Placement agent:Non-brokered
Pricing date:July 13
Stock symbol:TSX Venture: LGO
Stock price:C$0.26 at close July 13

© 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.