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Largo wins Best Mining Finance Award from Latin Finance Magazine for its Maracas Vanadium Project Financing
Symbol : LGO (TSX.V) TORONTO , Sept. 30, 2013 /CNW/ - Largo Resources Ltd. (" Lar...
About this update from Largo Inc.
[{"type":"text","content":"\n\n\nSymbol: LGO (TSX.V)\n\n\nTORONTO, Sept. 30, 2013 /CNW/ - Largo Resources Ltd. (\"Largo\" or the \"Company\") is pleased to announce that it has been named the recipient of Latin Finance magazine's Best Mining Finance Award for the funding of the Maracas\n Vanadium Project in 2012.\n\n\nThe total R$556 million transaction, which was completed in June 2012\n receives the Latin Finance, Best Mining Finance award for the novel nature of the non-recourse\n financing structure, difficult sector related market conditions, and\n unique aspects of the project as well as its commodity.\n\n\nMark Brennan, President and Chief Executive Officer stated: \"We are\n enormously excited to receive yet another award in the extremely\n competitive project finance world (see press release March 11, 2013). I\n am honored to accept this award from Latin Finance magazine and hope our shareholders and the market will again join us in\n recognizing the great achievement Largo has achieved in financing such\n a unique project in an incredibly difficult financing environment. We\n believe that this further should demonstrate to our shareholders and\n market participants the extraordinary scale and quality of the Maracas\n project.\"\n\n\nSee link to article abstract here, or subscribe to Latin Finance for full article: http://www.latinfinance.com/Article/3259010/Current-Issue/Best-Mining-Financing\n\n\nAbout Latin Finance Magazine\n\n\nLatin Finance is the leading source of value-added financial markets\n intelligence for Latin America and the Caribbean.\n\n\nPublished from New York and Miami, with a network of correspondents\n across Latin America and the Caribbean, Latin Finance has covered\n banking and capital markets in the region for more than two decades. It\n is the authoritative source on debt, equity, structured finance,\n syndicated loans, private equity and M&A, as well as a multilateral\n financing, people moves and secondary trading.\n\n\nhttp://www.latinfinance.com\n\n\nAbout Largo\n\n\nLargo is a Canadian-based mineral resource exploration and development\n company focused on creating a world leading strategic metals company. \n The immediate goal of the Company is to develop the Maracás Vanadium\n Project by Q1 2014. Largo currently holds a 100% interest in the\n Maracás Vanadium Project, a 100% interest in the Cur...