Largo Resources Receives Confirmation of Debt Facility from the Brazilian Development Bank

Largo Resources (TSXV:LGO) announced that the Brazilian Development Bank has provided the Company with a formal letter (the “Enquadramento”) to confirm that the Company’s Maracás Vanadium Project is eligible to receive a 100% direct loan with an eight year term to fully finance the Maracás Vanadium Project.

As quoted in the press release:

• The Maracas Vanadium Project is Eligible for a 100% Direct Loan from the BNDES for the Entire Eight Year Term
• Largo Receives LOI Outlining Tax Incentives from Bahia State Government

Click here to read the Largo Resources (TSXV:LGO) press release

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