Largo Resources Closes Private Placement Financing

- March 9th, 2010

Largo Resources Ltd. (TSX VENTURE:LGO) reporte that it has completed the first tranche of its previously announced private placement of 22,727,273 special warrants of the Company, at a price of $0.22 per Special Warrant, for gross proceeds of approximately $5,000,000.

Largo Resources Ltd. (TSX VENTURE:LGO) reporte that it has completed the first tranche of its previously announced private placement of 22,727,273 special warrants of the Company, at a price of $0.22 per Special Warrant, for gross proceeds of approximately $5,000,000.

The press release is quoted as saying:

Largo Resources Ltd. is a Canadian natural resource development and exploration company with two advanced stage projects: the Maracas Vanadium-PGM deposit in Brazil and the Northern Dancer Tungsten-Molybdenum deposit in the Yukon. The company is listed on the TSX Venture Exchange under the symbol LGO.

Click here to access the entire press release

Click here to access Largo Resources Corporate Site

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