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CEO, Director selling at Largo Resources (T:LGO)

Updated Thursday Aug 02, 2018 01:23 AM EDT

Alberto Luis Beeck, a Director, disposed of 29,491,882 Common Shares on an indirect ownership basis for registered holder Cranley Investment Holdings LLC at a price of $1.400 through a prospectus or prospectus exempt offering on July 24th, 2018. The insider also disposed of 3,858,118 Common Shares on an indirect ownership basis for registered holder Cranley Trust 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 -60.3%.

Mark Smith, CEO, disposed of 2,300,000 Common Shares on a direct ownership basis at a price of $1.400 through a prospectus or prospectus exempt offering on July 24th, 2018. This represents a $3,220,000 divestment of the company's shares and an account share holdings change of -39.8%.

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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Go to Largo Resources Ltd. (LGO)'s company page

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