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Largo Resources Ltd

Published : June 29th, 2012

Largo announces the election of David Brace, Wayne Egan and Dr. Allen Alper to its Board of Director

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Keywords :   Brazil | Canada | Czech Republic | Gold | Iron | Molybdenum | Tungsten |



Largo announces the election of David Brace, Wayne Egan and Dr. Allen Alper to its Board of Directors

Largo Resources Ltd. ("Largo" or the "Company") is pleased to announce that the nominees Mr. David Brace, Mr. Wayne Egan and Dr. Allen Alper to its Board of Directors ("the Board") were duly elected by shareholders at the Company's Annual and Special Meeting of Shareholders on June 26th, 2012. These elected nominees replace Mr. Stan Bharti, Mr. Mike Hoffman and Mr. William Clarke on the Board.

Additionally, Mr. Mark Brennan, Mr. Alberto Arias, Mr. Dirk Donath and Mr. Dan Ioschpe were re-elected as directors of the Company. Each elected director will hold office until his successor is elected at the next annual meeting of the Company or until his successor is elected or appointed.

Largo is pleased to welcome Mr. Brace, Mr. Wayne Egan and Dr. Alper and believes their combined expertise will greatly benefit the Company as it moves into the production and cash-flow generation stage.

Largo would also like to take this opportunity to thank Mr. Bharti, Mr.Hoffman and Mr. Clarke for their significant contributions during their tenures as directors of the Company.

Biographies of New Directors:

David Brace

Mr. Brace is currently Chief Executive Officer and a director of Karmin Exploration Inc. (TSXV: KAR) and a director of Viking Gold Exploration Inc. (TSXV: VGC). Mr. Brace previously served as President of Lambton Capital Inc., a private investment firm focused on evaluating mining investments, from January until September, 2011. He has also served as the Chief Executive Officer and as a director of Globe Star Mining Corporation until that company's acquisition by Perilya Limited in December 2010. Mr. Brace has also served as Executive Vice-President of Business Development with Aur Resources Inc. until August, 2007.

Wayne Egan

Mr. Egan is a partner at the law firm of WeirFoulds LLP and acts for several public companies on the TSX and TSX Venture Exchange. He has been a director of Exall Energy Corporation (TSX: EE) since October 2008, and a director of James Bay Resources Limited (TSXV:JBR) since March, 2008. Mr. Egan obtained a B.Comm. from the University of Toronto and an LL.B. from Queen's University.

Dr. Allen Alper

Dr. Alper has been the President of Alper Consulting Inc. and the Publisher and Editor-in-Chief of Metals News Inc. since 1999. Dr. Alper is an accomplished senior executive, with 30 years of experience at Osram Sylvania, Inc., formerly GTE Sylvania. During that time Dr. Alper was Director of Research and Development for Sylvania 's Chemical and Metallurgical Division in Towanda, PA. Later he was Vice President and General Manager for that division and held the position for 15 years. Dr. Alper also served as President of GTE Sylvania's Walmet, a tungsten carbide manufacturing company. Subsequently, he served as Vice President of Strategic Planning and found and acquired tungsten manufacturing plants in Bruntál, Czech Republic for Osram. Dr. Alper is an expert in the technology, manufacturing and marketing of Tungsten, Molybdenum and other strategic metals and holds 33 patents. He edited eleven books in high temperature metals and oxides. He is a Fellow of the Geological Society of America and the American Ceramic Society. Mr. Alper holds a Ph.D. in Economic Geology.

About Largo

Largo is a Canadian-based mineral resource exploration and development company focused on creating a world leading strategic metals company.�  Largo currently holds a 90% interest in the Maracás Vanadium Project, a 100% interest in the CurraisNovos Tungsten Tailing Project, a 100% interest in the Campo Alegre de Lourdes Iron-Vanadium Project, all in Brazil, and a 100% interest in the Northern Dancer Tungsten-Molybdenum property located in the Yukon Territory, Canada.�  The immediate goal of the Company is to develop the Maracás Vanadium Project by early Q4 2013 and continue to produce WO3 concentrate from the reprocessing of tungsten tailings from CurraisNovos.�  Largo's skilled management team both in Canada and Brazil, are confident in their ability to advance these projects.

Largo is listed on the TSX Venture Exchange under the symbol "LGO".

Data and Statistics for these countries : Brazil | Canada | Czech Republic | All
Gold and Silver Prices for these countries : Brazil | Canada | Czech Republic | All

Largo Resources Ltd

DEVELOPMENT STAGE
CODE : LGO.V
ISIN : CA5171031076
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Largo Res. is a gold and copper exploration company based in Canada.

Largo Res. develops gold, copper and tungsten in Brazil, and holds various exploration projects in Canada.

Its main asset in development is CURRIAS NOVO in Brazil and its main exploration properties are MACUCHI in Ecuador, MARACAS in Brazil and NORTHERN DANCER in Canada.

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Financings of Largo Resources Ltd
7/3/2012Largo Closes BNDES Debt Financing Facility and Converts Subs...
3/9/2012Largo Provides Update on BNDES Debt Financing Facility
4/12/2011(Maracas)Largo Closes Financing Intended to Fund Development of Its M...
3/29/2011Largo Announces Increase to Previously Announced Equity Offe...
3/15/2011Announces Plans for $110 Million Equity Financing
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Nominations of Largo Resources Ltd
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11/11/2013Largo appoints Mr. Michael Mutchler to the position of Chief...
9/4/2013Largo appoints Mr. Ernest M. Cleave to the position of Chief...
6/29/2012Largo announces the election of David Brace, Wayne Egan and ...
Project news of Largo Resources Ltd
7/5/2016- Largo Achieves a New Monthly Production Record of 801 Tonn...
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12/3/2013Construction Target Reached
11/30/2013(Maracas)Largo provides update on Capex Budget for the Maracas Vanadi...
11/20/2013Construction Targets Reached
10/23/2013Largo Resources - Energized and Commissioning
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8/21/2013Largo Resources provides operational update
8/8/2013(Maracas)Equipment Arriving at Maracas
7/26/2013Arrival of Equipment at Port
7/25/2013Another Construction Target Reached
5/23/2013Another Construction Target Reached
4/8/2013Project Map and Process Flow
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1/21/2013/R E P E A T -- Largo announces positive preliminary economi...
11/2/2012(Maracas)New Videos of Construction at the Maracas Vanadium Project
9/21/2012(Maracas)New Video from the Maracas Vanadium Project
9/13/2012(Maracas)Largo announces results of a technical report for its Maraca...
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6/4/2012(Maracas)Largo commences full construction activities at its Brazil M...
5/28/2012(Maracas)Largo mobilizing for groundbreaking at its Maracas Vanadium ...
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7/21/2011Largo Starts Processing Tailing Materials at Its Currais Nov...
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5/17/2011(Maracas)Largo Commences Drilling at Its Ma =?ISO-8859-1?Q?racas=20Va...
4/27/2011(Maracas)Largo to Initiate Exploration Drill =?ISO-8859-1?Q?=20Progra...
4/19/2011(Maracas)Engages Promon to Engineer and Build Maracas Vanadium Projec...
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6/9/2011(Maracas)Largo Submits Application for Construction License for the M...
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TSX-V (LGO.V)Other OTC (LGORF)
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