Largo Resources Ltd.

12:52 PM EST - Largo Resources Ltd. : Has agreed to repurchase and retire an additional $8.1 million U.S. in aggregate principal amount plus premium and accrued and unpaid interest. Following this repurchase for cancellation the remaining aggregate principal amount outstanding on the Company's 9.25% Senior Secured Notes due 2021 will be approximately $37.0 million U.S, representing a further decrease of approximately 18% of its current outstanding Notes. Largo Resources Ltd. shares T.LGO are trading up $0.07 at $3.16.