Business
Largo announces the election of Mr. Daniel Tellechea, Mr. Sam Abraham and Ms. Koko Yamamoto to its Board of Directors
Symbol : LGO (TSX.V) TORONTO , July 13, 2015 /CNW/ - Largo Resources Ltd. (" Largo...
About this update from Largo Inc.
[{"type":"text","content":"\n\nSymbol: LGO (TSX.V)\n\n\n\nTORONTO, July 13, 2015 /CNW/ - Largo Resources Ltd. (\"Largo\" or the \"Company\") is pleased to announce that three new nominees Mr. Daniel Tellechea, Mr. Sam Abraham and Ms. Koko Yamamoto were duly elected to its Board of Directors (the \"Board\") by shareholders of the Company on July 9, 2015 at its Annual and Special Meeting of Shareholders. \n\nTheir appointment follows the departure of Mr. Dirk Donath and Mr. Alexandre Monteiro who did not stand for re-election.\n\nAdditionally, the Company welcomes back to its board of directors each of Mr. Mark A. Smith, Mr. Alberto Arias, Mr. Wayne Egan and Mr. David Brace.  Each director will hold office until his or her successor is elected at the next annual meeting of the Company or otherwise appointed.\n\nMr. Mark A. Smith, President, Chief Executive Officer and Director to Largo stated: \"We at Largo are extremely pleased to welcome Mr. Daniel Tellechea, Mr. Sam Abraham and Ms. Koko Yamamoto and believe that their combined expertise including; operational management, corporate finance, as well as corporate accounting and reporting, will greatly benefit the Company as it continues to mature into a leader in the production of vanadium.\"\n\nHe continued: \"I would also like to take this opportunity to sincerely thank Mr. Dirk Donath and Mr. Alexandre Monteiro for their significant contributions during their tenures as directors of the Company. Their dedication and knowledge has been invaluable to the Company during its transition from the development stage into a producing mining company. We at Largo will be forever grateful for their patronage and wish them the best in future endeavors.\" \n\nBiographies of Newly Appointed Directors:\n\nDaniel Tellechea\n\nMr. Tellechea has extensive experience in international mining, most recently serving as President & CEO of Sierra Metals, Inc. (2007-2014), a Toronto based mining company listed on both the Toronto (TSX) and Lima (BVL) Stock Exchanges with assets in Mexico and Peru. Prior to Sierra Metals, Mr. Tellechea was President and CEO of Asarco LLC (2003-2005), he served as the Managing Director of Finance and Administration for Asarco's parent, Grupo Mexico (1994-2003) and also served as Asarco's Chief Financial Officer and Vice-president of finance for Southern Copper Corporation, which was majori...