J. Alberto Arias, a Director, disposed of 479,143 Common Shares on a control or direction basis for registered holder Arias Resource Capital Fund II (Mexico) L.P., 8,444,965 Common Shares on a control or direction basis for registered holder Arias Resource Capital Fund II L.P. and 24,425,892 Common Shares on a control or direction basis for registered holder Arias Resource Capital Fund L.P. at a price of $1.400 through a prospectus or prospectus exempt offering on July 24th, 2018. This represents a $46,690,000 divestment of the company's shares and an account share holdings change of -11.6%.
Largo Resources is in the Uranium Sub Industry Group under the Energy Sector.
Largo Resources Ltd. is a natural resource development and exploration company. The Company is engaged in the acquisition, exploration, development and operation of mining and exploration properties located in Brazil and Canada. The Company operates through two segments: mine properties, and exploration and evaluation properties. The Company holds interest in the Maracas Menchen Mine property, Currais Novos tungsten tailings property and Campo Alegre de Lourdes iron-vanadium property. The Maracas Menchen Mine property is located in the eastern Bahia State of Brazil. The Currais Novos tungsten tailings property is located approximately 180 kilometers from Natal in the State of Rio Grande do Norte, Brazil. The Campo Alegre de Lourdes property is located approximately 880 kilometers north-northeast of Brasilia and over 650 kilometers northwest of Salvado. In Canada, the Company holds interest in the Northern Dancer tungsten-molybdenum property, located in the Yukon Territory.
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