- First production targeted for Q1 2013
TORONTO, ONTARIO -- (Marketwire) -- 04/11/11 -- Largo Resources Ltd. ('Largo' or the 'Company') (TSX VENTURE: LGO) is pleased to announce today that is has closed its previously announced non-brokered private placement (the 'Private Placement') through the concurrent issuance of 85,714,286 units (each, a 'Unit') and 242,718,844 subscription receipts (each a 'Subscription Receipt') for aggregate gross proceeds to the Company of $114,951,595.50, all as previously described in press releases dated March 11, 2011 and March 25, 2011.
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