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