TORONTO, Dec. 28, 2016 /CNW/ -
Largo Resources Ltd. ("Largo" or the "Company") announces a proposed non-brokered private placement financing (the "Offering") of up to 52,400,000 units ("Units") of the Company for aggregate gross proceeds of up to CDN$23,580,000. Each Unit will be sold at a price of CDN$0.45, which price is equal to a 13.5% discount
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