[Ferro-Alloys.com]Largo Resources Ltd. ("Largo" or the "Company") is pleased to announce that it has received approval for trading on the OTCQB® Venture Market ("OTCQB"). The Company commenced trading under the symbol (LGORF) at market open today.

 

Mr. Mark A. Smith , President and Chief Executive Officer of Largo, commented "With a meaningful amount of Largo's ownership located in the United States , this trading approval marks another milestone for the Company as it aims to increase visibility among retail and institutional investors as well as enhance and improve liquidity".

 

About Largo

 

Largo (TSX-V: LGO) is a growing strategic mineral company focused on the production of vanadium pentoxide at its Vanadio de Maracás Menchen Mine. Largo also has interests in a portfolio of other projects, including: a 100% interest in the Currais Novos Tungsten Tailings Project in Brazil ; a 100% interest in the Campo Alegre de Lourdes Iron-Vanadium Project in Brazil ; and a 100% interest in the Northern Dancer Tungsten-Molybdenum property in the Yukon Territory, Canada .

 

Vanadium is primarily used as an alloy to strengthen steel and reduce its weight. Vanadium enhanced steels are used in a vast and growing range of products that are used and encountered every day; including, rebar, automobiles, transport infrastructure etc. With consumption increasing at a compound annual growth rate of over 8% for the past several years (Roskill, 2015), vanadium is a bourgeoning commodity which lacks opportunities for investment in the wider market place. As trends in the steel industry now demand increasingly stronger and lighter products for advanced applications, the use of vanadium is expected to continue this growth over the medium and long term.

 

Largo is listed on the TSX Venture Exchange under the symbol "LGO".

 

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