[Ferro-Alloys.com]

 

• The consolidation of the Company’s issued and outstanding common shares ("Common Shares") was approved by the Company’s shareholders

• The Company will release its 2020 annual financial results after the close of market trading on March 17, 2021

• Shareholder conference call with Paulo Misk, President and CEO, Ernest Cleave, CFO, Paul Vollant, Director of Sales and Trading, and Shazad Butt, VP of Engineering will be conducted at 3:00 p.m. ET on Thursday, March 18, 2021

TORONTO--(BUSINESS WIRE)-- Largo Resources Ltd. ("Largo" or the "Company") (TSX: LGO) (OTCQX: LGORF) announces voting results from its Special Meeting of Shareholders held on Monday, March 1, 2021 (the “Meeting”).

 

The consolidation of the Company’s Common Shares on the basis of up to one (1) post-consolidation Common Share for every ten (10) pre-consolidation Common Shares (the "Consolidation") was approved by the Company’s shareholders at the Meeting. A total of 434,131,240 Common Shares were voted at the Meeting representing 72.92% of the Company’s Common Shares as of January 25, 2021, (the “Record Date”).

 

Results of the votes on the Consolidation are as follows:

 

 

For further detailed voting results on the Meeting, please refer to the Company’s Report of Voting Results filed on Largo’s profile at www.sedar.com. Further details of the Consolidation are contained within the Company’s Management Information Circular dated January 25, 2021, which is also available under Largo’s profile on SEDAR. Readers should review the Management Information Circular for the specific terms and conditions of the Consolidation.

 

 

About Largo Resources

 

Largo Resources is an industry preferred producer and supplier of high-quality vanadium. Largo can service multiple vanadium market applications through the supply of its unrivaled VPURE™ and VPURE+™ products, which are sourced 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 Largo Clean Energy and 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.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20210301005988/en/

 

Source: Largo Resources Ltd.