Monday, January 07, 2019 6:23:14 PM
does anyone think Largo is positioning themselves to take a position in NioCorp with this latest filing? It seems this filing would be more than enough to get the ball rolling if Largo was able to pull it off! Your thoughts on this are much appreciated...
Largo Resources Announces Filing of Preliminary Short Form Base Shelf Prospectus
January 07, 2019
TORONTO, Jan. 7, 2019 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") (TSX: LGO) (OTCQX: LGORF) reports that it has filed a preliminary base shelf short form prospectus with the securities regulatory authorities in the provinces of British Columbia, Alberta, Manitoba and Ontario.
The base shelf prospectus, when final, will allow Largo and certain of its security holders to qualify the distribution by way of prospectus of up to $750 million of common shares, debt securities, subscription receipts, warrants and units (all of the foregoing, collectively, the "Securities") or any combination thereof, during the 25-month period that the base shelf prospectus is effective. The specific terms of any offering of Securities under the base shelf prospectus will be set forth in a shelf prospectus supplement, which will be filed with the applicable Canadian securities regulatory authorities in connection with any such offering.
This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these Securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.
A copy of the preliminary short form base shelf prospectus can be found on SEDAR at www.sedar.com.
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