Battery Metals

Largo Resources Ltd. (" Largo " or the " Company ") (TSX: LGO) (OTCQX: LGORF) is pleased to announce that the Company has received approval from The Nasdaq Stock Market LLC (the " Nasdaq ") to list its issued and outstanding common shares (" Common Shares ") on the Nasdaq.

Largo's Common Shares are expected to commence trading on the Nasdaq at the open of market trading on April 19, 2021, under the trading symbol "LGO".

Paulo Misk, President and CEO of Largo commented: "Listing on the Nasdaq represents a significant milestone in the evolution of Largo as we further execute on strategically developing our U.S.-based Largo Clean Energy division into an industry-leading, vertically integrated vanadium redox flow battery business." He continued: "We believe this listing will provide Largo with increased visibility with prospective U.S. investors, improve the Company's liquidity and assist in developing a more diversified shareholder base as we continue on our anticipated growth trajectory."

The Company will continue to maintain the listing of its Common Shares on the Toronto Stock Exchange under the symbol "LGO". The listing of the Company's Common Shares on the Nasdaq remains subject to the satisfaction of all applicable listing and regulatory requirements, including the declaration of effectiveness of the Company's registration statement by the United States Securities and Exchange Commission.

About Largo Resources

Largo Resources is an industry preferred, vertically integrated vanadium company. It services multiple vanadium market applications through the supply of its unrivaled VPURE and VPURE+ products, from one of the world's highest-grade vanadium deposits at the Company's Maracás Menchen Mine located in Brazil. Largo is also focused on the advancement of renewable energy storage solutions through its world-class VCHARGE± vanadium redox flow battery technology. The Company's common shares are listed on the Toronto Stock Exchange under the symbol "LGO".

For more information on Largo and VPURE , please visit www.largoresources.com and www.largoVPURE.com .

For additional information on Largo Clean Energy, please visit www.largocleanenergy.com .

Forward-looking Information:

This press release contains forward-looking information under Canadian securities legislation, some of which may be considered "financial outlook" for the purposes of application Canadian securities legislation ("forward-looking statements"). Forward‐looking information in this press release includes, but is not limited to, statements with respect to the timing and amount of estimated future production and sales; costs of future activities and operations; the extent of capital and operating expenditures; the iron ore price environment, the timing and cost related to the build out of the ilmenite plan, eventual production from the ilmenite plant, the ability to sell ilmenite on a profitable basis and the extent and overall impact of the COVID-19 pandemic in Brazil and globally. Forward‐looking information in this press release also includes, but is not limited to, statements with respect to our ability to build, finance and operate a VRFB business, our ability to maintain our listing on the Nasdaq, our ability to protect and develop our technology, our ability to maintain our IP, our ability to market and sell our VCHARGE± battery system on specification and at a competitive price, our ability to secure the required production resources to build our VCHARGE± batt ery system, our ability to produce iron ore and the adoption of VFRB technology generally in the market. Forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". All information contained in this news release, other than statements of current and historical fact, is forward looking information. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Largo or Largo Clean Energy to be materially different from those expressed or implied by such forward-looking statements, including but not limited to those risks described in the annual information form of Largo and in its public documents filed on SEDAR from time to time. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Although management of Largo has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Largo does not undertake to update any forward-looking statements, except in accordance with applicable securities laws. Readers should also review the risks and uncertainties sections of Largo's annual and interim MD&As which also apply.

Investor Relations:
Alex Guthrie
Senior Manager, External Relations
aguthrie@largoresources.com
Tel: +1 416‐861‐9797

Media Enquiries:
Crystal Quast
Bullseye Corporate
Quast@bullseyecorporate.com
Tel: +1 647-529-6364

News Provided by Business Wire via QuoteMedia

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The past few years have brought renewed interest in vanadium. Experts anticipate that the crucial material will see an uptick in demand thanks to its increased use in the energy storage sector.

The silvery-gray metal's rise to prominence has piqued the interest of analysts and investors who see the value in a battery metal that is safer, longer-lasting and more durable than lithium.

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Largo Reports First Quarter 2022 Financial Results and Provides Adjusted 2022 Guidance; Announces Intention to Commence Normal Course Issuer Bid

All dollar amounts expressed are in thousands of U.S. dollars unless otherwise indicated.

Q1 2022 Highlights

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Largo to Release First Quarter 2022 Financial Results on May 11, 2022

  • Shareholder webcast and conference call with Paulo Misk, President and CEO, Ernest Cleave, CFO, Paul Vollant, VP of Commercial and Stephen Prince, President of Largo Clean Energy will be conducted at 10:00 a.m. ET on Thursday, May 12, 2022

Largo Inc. (" Largo " or the " Company ") ( TSX: LGO ) ( NASDAQ: LGO ) will release its first quarter 2022 financial results on Wednesday, May 11 after the close of market trading. Additionally, the Company will host a webcast and conference call to discuss its first quarter 2022 operating and financial results on Thursday, May 12 at 10:00 a.m. ET.

Details of the webcast and conference call are listed below:

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Largo Provides Update on Proposed Qualifying Transaction for New Physical Vanadium Holding Company, Largo Physical Vanadium Corp.

All amounts expressed are in Canadian dollars, denominated by "C$".

Largo Inc. ("Largo" or the "Company") (TSX: LGO) (NASDAQ: LGO) is pleased to provide an update on Largo Physical Vanadium Corp. (" LPV ") and the proposed qualifying transaction (" Qualifying Transaction ") with Column Capital Corp. (the " CPC ") that was announced in the Company's press release dated February 3, 2022. LPV and CPC have entered into a definitive agreement (" Definitive Agreement ") dated April 14, 2022, which sets out the terms and conditions of a three-cornered amalgamation that will result in CPC acquiring all of the issued and outstanding securities of LPV in exchange for securities of CPC and will result in a reverse-takeover of CPC by LPV to form a combined entity (the " Resulting Issuer "), expected to be named "Largo Physical Vanadium Corp.". For full details on the Definitive Agreement, please refer to CPC's press release dated April 14, 2022. Upon completion of the Qualifying Transaction, it is expected that the Resulting Issuer will be a publicly listed physical vanadium holding company that will purchase and hold physical vanadium, providing investors with ownership and exposure to vanadium.

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Largo Reports First Quarter 2022 Operational and Sales Results; Begins Construction on its Ilmenite Concentration Plant

Q1 2022 Highlights

  • Quarterly V 2 O 5 production of 2,442 tonnes (5.4 million lbs 1 ) in Q1 2022, a 23% increase over the 1,986 tonnes produced in Q1 2021
  • Q1 2022 operational results largely impacted by preventative and corrective maintenance on the Company's plant facility in Maracás; V 2 O 5 production improved in March and the Company expects additional production improvements moving forward
  • Quarterly sales of 2,232 tonnes of V 2 O 5 equivalent in Q1 2022 vs. 2,783 tonnes in Q1 2020; Lower quarterly sales due to ongoing global logistical challenges
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  • Largo Clean Energy ("LCE") remained focused on delivering the Enel Green Power España ("EGPE") contract announced on July 30, 2021; While supply chain challenges have emerged for the EGPE project, LCE has found alternative suppliers in support of an expected completion date in Q4 2022

Largo Inc. (" Largo " or the " Company ") ( TSX: LGO ) ( NASDAQ: LGO ) today announces quarterly production of 2,442 tonnes (5.4 million lbs 1 ) and sales 2,232 tonnes of vanadium pentoxide ("V 2 O 5 ") equivalent, respectively, from its Maracás Menchen Mine in Q1 2022.

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Monitor Ventures Inc. (previously named American Vanadium Corp.) is a publicly traded venture company seeking a new business venture that has significant growth potential, dynamic drivers and an engaging story. The entrepreneurial team leading Monitor Ventures has a wide range of experience growing companies in a variety of companies, from mining to high tech to biomedical to clean tech to growth. Monitor Ventures Inc. trades on the TSX Venture Exchange under the symbol "MVI.H".

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