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08.01.26 - 14:06
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Largo Announces US$60 Million At-The-Market Equity Offering Program (Business Wire)
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All dollar amounts expressed are in U.S. dollars.TORONTO--(BUSINESS WIRE)--Largo Inc. ("Largo" or the "Company") (TSX: LGO) (NASDAQ: LGO), a vanadium producer, is pleased to announce the establishment of an at-the-market equity offering program (the “ATM Program”) pursuant to which the Company may issue and sell common shares having aggregate gross proceeds of up to US$60,000,000 from time to time on The Nasdaq Stock Market.
Sales of common shares under the ATM Program, if any, will be made through H.C. Wainwright & Co., LLC, acting as the sole sales agent, at prevailing market prices at the time of sale, subject to market conditions and in accordance with applicable securities laws. Largo is not obligated to sell all or any shares under the ATM program and may suspend or terminate the program at any time.
The ATM Program provides the Company with additional financial flexibility and allows Largo to access the capital markets opportunistically, subject to market conditions. Largo i...
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13.11.25 - 15:06
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Largo Announces Leadership Transition: J. Alberto Arias and Daniel Tellechea to Become Co-CEOs and Diogo Silva Promoted to Become CFO (Business Wire)
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All amounts expressed are in U.S. dollars, denominated by “$”TORONTO--(BUSINESS WIRE)--Largo Inc. ("Largo" or the "Company") (TSX: LGO) (NASDAQ: LGO), one of the world's largest primary vanadium producers, is pleased to announce the appointment of J. Alberto Arias and Daniel Tellechea as its co-Chief Executive Officers effective immediately and the transition of Mr. Arias to Executive Chairman effective immediately. Mr. David Brace will act as Lead Director.
Largo also announced that Mr. Diogo Silva, who has been with the Company for the past fourteen (14) years, will be appointed Chief Financial Officer, effective December 5, 2025. Mr. Silva will succeed David Harris, who after more than 10 years with Largo, will step down as CFO effective December 5, 2025.
Mr. Arias and Mr. Tellechea will manage the Company through the next phase of operations with their complementary skill sets and focus on the execution of Largo's strategy to continue to reduce costs, diversify revenues and w...
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22.10.25 - 22:09
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Largo Announces Closing of US$23.4 Registered Direct Offering and Private Placement (Business Wire)
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TORONTO--(BUSINESS WIRE)--Largo Inc. (“Largo” or the “Company”) (TSX: LGO) (NASDAQ: LGO) announces the closing of its previously announced registered direct offering for the purchase and sale of 14,262,309 common shares of the Company (“Common Shares”) at a purchase price of US$1.22 per Common Share for aggregate gross proceeds of US$17.4 million. In a concurrent private placement (together with the registered direct offering, the “Offering”), the Company issued unregistered warrants to purchase up to 14,262,309 Common Shares (“Warrants”) with an exercise price of US$1.22 per Warrant that are immediately exercisable upon issuance and will expire five years from issuance.
In a concurrent private placement, Arias Resource Capital Fund III L.P. (“ARC Fund III”), an affiliate of the Company's largest shareholder, provided the Company with financing of US$6 million and acquired 4,918,033 Common Shares and 4,918,033 Warrants (the “ARC Commitment”). Such offering was on the same term...
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15.10.25 - 15:00
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Largo Announces Pricing of US$23.4 Registered Direct Offering and Private Placement (Business Wire)
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TORONTO--(BUSINESS WIRE)--Largo Inc. (“Largo” or the “Company”) (TSX: LGO) (NASDAQ: LGO) announces that it has entered into securities purchase agreements with institutional and accredited investors for the purchase and sale of 14,262,309 common shares of the Company (“Common Shares”) at a purchase price of US$1.22 per Common Share in a registered direct offering for aggregate gross proceeds of US$17.4 million. In a concurrent private placement (together with the registered direct offering, the “Offering”), the Company will issue unregistered warrants to purchase up to 14,262,309 Common Shares (“Warrants”) with an exercise price of US$1.22 per Warrant that will be immediately exercisable upon issuance and will expire five years from issuance. The closing of the Offering is expected to occur on or about October 22, 2025, subject to the satisfaction of certain closing conditions and approval from the TSX, as further described below.
In a concurrent private placement, Arias Resource Capit...
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15.10.25 - 15:00
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Largo Announces Reliance on Financial Hardship Exemption in Connection With Registered Direct Offering and Private Placement (Business Wire)
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NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO--(BUSINESS WIRE)--Largo Inc. (“Largo” or the “Company”) (TSX: LGO) (NASDAQ: LGO) is pleased to announce further details in connection with the binding term sheet entered into with the senior lenders (“Lenders”) to Largo's principal operating subsidiary, Largo Vanádio de Maracás S.A. (“LVMSA”), for the rollover of principal of all debts owed by LVMSA to March 18, 2026 with a further automatic rollover to September 18, 2026 (the “Proposed Rollover Agreement”). The Proposed Rollover Agreement is subject to, among other conditions, the requirement for LVMSA to receive equity contributions totaling in the amount of US$22 million (the “Equity Contribution Requirement”) by November 17, 2025.
Largo announces a US$23.4 million offering comprising (i) a registered direct offering in the United States (the “Registered Direct Offering”), and (ii) a concurrent private placement (the ...
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11.08.25 - 13:03
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Largo Announces $6 Million Secured Loan to Support Working Capital (Business Wire)
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All dollar amounts expressed are in U.S. dollars unless otherwise indicated.TORONTO--(BUSINESS WIRE)--$LGO #cleanenergy--Largo Inc. ("Largo" or the "Company") (TSX: LGO) (NASDAQ: LGO) today announces that it has entered into a secured loan by way of a promissory note with ARG International AG for a principal amount of $6 million (CAD$8.25 million) (the “Note”). The Note is expected to provide near-term working capital support as the Company transitions from turnaround execution to steady-state operations amidst continued pressure from low vanadium prices.
The Note is secured against the Company's equity interest in Largo Physical Vanadium Corp. (TSX.V:VAND, OTCQX: VANAF), in which the Company holds a 65.7% majority stake. The Note has a term of six months, bears interest at an annualized rate of 15%, and includes a 1% arrangement fee. Proceeds from the Note are intended to strengthen the Company's liquidity position and provide flexibility to continue execution on its plan to imp...
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11.06.25 - 23:18
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Largo Announces $10 Million Factoring Facility to Accelerate Receivables and Support Working Capital (Business Wire)
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All dollar amounts expressed are in thousands of U.S. dollars unless otherwise indicated.
Monetizes accounts receivable from vanadium product sales to support near-term working capital
Initial facility of up to $10 million, with potential expansion to $30 million subject to customer and credit approvals
TORONTO--(BUSINESS WIRE)--$LGO #cleanenergy--Largo Inc. ("Largo" or the "Company") (TSX: LGO) (NASDAQ: LGO) today announces that its wholly owned subsidiary, Largo Resources USA ("LUSA"), has entered into a non-recourse factoring facility dated June 10, 2025 (the "Facility") with a well-established third-party factoring company (the "Factor") for the sale of certain accounts receivable.
Under the terms of the Facility, LUSA may sell eligible accounts receivable to the Factor for receipts of up to $10 million. The Factor will advance 85% of the invoice value, with commission rates ranging from 0.51% for invoices up to 30 days, to 1.37% for those up to 90 day...
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