TORONTO, Oct. 21, 2019 /CNW/ - Largo Resources Ltd.
("Largo" or the "Company") (TSX: LGO)
(OTCQX: LGORF) is pleased to announce the appointment of
Francesco D'Alessio as Head of Sales, Americas effective
October 21, 2019. In this position,
Mr. D'Alessio will support the Company's vanadium sales and trading
business with a particular focus on the North and South American
markets.
Paulo Misk, President and Chief
Executive Officer of Largo stated: "On behalf of the Board and
management, I am very excited to welcome Francesco to the Largo
team. Francesco brings many years of industry experience—most
notably as the Global Sales Manager of vanadium for EVRAZ East
Metals—and will play a key role as Largo continues the development
of its sales and trading business."
Mr. D'Alessio commented: "I am really excited to join such a
dynamic team during a period of strategic growth for the Company.
Largo has an amazing industry reputation as a high-grade vanadium
producer and I look forward to working with the team to further
enhance its presence in North and South American vanadium
markets."
Mr. D'Alessio has over 12 years of experience in metals sales
and trading that included overseeing sales and shipment of
vanadium. Mr. D'Alessio most recently served as National Accounts
Manager for illy Caffe', North
America. Mr. D'Alessio co-founded and previously held the
title of Marketing and Sales Director for the ferroalloys trader
SiderAlloys Intl. SA, where he facilitated the company's raw
material sourcing channels and go-to market strategies in
North/South America and
Asia. Prior to co-piloting the
start-up of SiderAlloys in 2011, Mr. D'Alessio was Global Sales
Manager of vanadium products for EVRAZ East Metals, where he
managed all sales and marketing for the vanadium division. Mr.
D'Alessio holds a Global Executive Master of Business
Administration (MBA) from Bocconi
University in Milan, Italy,
and a Bachelor of Arts (B.A.) in Government and International
Affairs from George Mason University in
Fairfax, VA, USA.
About Largo Resources
Largo is a Toronto-based strategic mineral company focused
on the production of vanadium flake, high purity vanadium flake and
high purity vanadium powder at the Maracás Menchen
Mine located in Bahia State, Brazil. The Company's
common shares are principally listed on the Toronto Stock
Exchange under the symbol "LGO". For more information
on Largo, please visit our website
at www.largoresources.com.
Neither the Toronto Stock Exchange (nor its regulatory
service provider) accepts responsibility for the adequacy or
accuracy of this press release.
Forward-looking Information:
This press release contains forward-looking information under
Canadian securities legislation, some of which may be considered
"financial outlook" for the purposes of application Canadian
securities legislation ("forward-looking statements").
Forward‐looking information in this press release
includes, but is not limited to, statements with respect to Mr.
Vollant joining the management team in September and to the
expansion of the Company's in-house sales and trading capacity.
Forward-looking statements can be identified by the use of
forward-looking terminology such as "plans", "expects" or "does not
expect", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or "does not anticipate", or
"believes", or variations of such words and phrases or statements
that certain actions, events or results "may", "could", "would",
"might" or "will be taken", "occur" or "be achieved". All
information contained in this news release, other than statements
of current and historical fact, is forward looking information.
Forward-looking statements are subject to known and unknown risks,
uncertainties and other factors that may cause the actual results,
level of activity, performance or achievements of the Largo to be
materially different from those expressed or implied by such
forward-looking statements, including but not limited to those
risks described in the annual information form of Largo and in its
public documents filed on SEDAR from time to time. Forward-looking
statements are based on the opinions and estimates of management as
of the date such statements are made. Although management of Largo
has attempted to identify important factors that could cause actual
results to differ materially from those contained in
forward-looking statements, there may be other factors that cause
results not to be as anticipated, estimated or intended. There can
be no assurance that such statements will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking statements. Largo does not
undertake to update any forward-looking statements, except in
accordance with applicable securities laws. Readers should also
review the risks and uncertainties sections of Largo's annual and
interim MD&As which also apply.
SOURCE Largo Resources Ltd.