ARCF IV Participates in US$5.7 million Registered Direct Offering
Arias Resource Capital Fund IV invested US$1.3 million in Largo Inc. (TSX: LGO, NASDAQ: LGO) as part of a US$5.7 million offering. The investment included 2.3 million units at US$0.56 per unit, each consisting of one share and one warrant. Post-transaction, ARC Funds and affiliates will own about 35% of Largo's shares, including potential dilutive instruments.
