dailynewsnblog
Following the transaction, Arias Resource Capital Fund II L.P. (“ARCF II”), Arias Resource Capital Fund II (Mexico) L.P. (“ARCF II Mexico”), Arias Resource Capital Fund III L.P. (“ARCF III”), and Arias Resource Capital Fund IV L.P. (“ARCF IV”, and together with ARCF II, ARCF II Mexico, and ARCF III, the “ARC Funds”) will own, in the aggregate, 35,278,481 Common Shares and 7,239,461 Warrants. J. Alberto Arias has been granted, for service on the Largo Board of Directors, a total of 164,565 vested options to acquire Common Shares (“Options”), holds 336,913 Restricted Share Units (“RSUs”), and holds 62,533 Common shares directly. Additionally, Arias Resources Capital GP Ltd. (“ARC GP”) owns 6,547 shares.
