Largo appoints Mr. Ernest M. Cleave to the position of Chief Financial Officer

Largo appoints Mr. Ernest M. Cleave to the position of Chief Financial Officer 
--  Mr. John V. Laurie to retire 
Symbol: LGO (TSX.V) 
TORONTO, Sept. 3, 2013 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") 
is pleased to announce the appointment of Mr. Ernest M. Cleave to the position 
of Chief Financial Officer ("CFO"). 
Mr. Cleave is a financial professional with over 20 years' experience in 
finance strategy, compliance, financial reporting, internal control and 
strategic planning. Mr. Cleave has previously served as Director, CFO, 
Corporate Controller and in senior finance positions for large, multi-national 
companies in the mining, manufacturing and retail sectors, including GoldCorp 
Inc., Falconbridge Limited and Cline Mining. 
Mr. Cleave holds Bachelor degrees of Accounting Science and Commerce and a 
Master's of Business from Deakin University in Australia. In addition to his 
CPA designation in Australia, Mr. Cleave holds multiple accounting 
designations in the U.K. and Canada. 
The appointment of Mr. Cleave follows the retirement of Mr. John V. Laurie who 
has served as the Chief Financial Officer since February 2012. Mr. Laurie will 
remain as a financial consultant to the Company going forward. 
Mark Brennan, the Company's President and Chief Executive Officer, stated: "We 
are pleased to welcome Mr. Cleave to the team and believe that his past 
experience will prove very valuable as Largo evolves into a producing company 
in the near-term. On behalf of all the Largo team, I would like to sincerely 
thank Mr. Laurie for his hard work and significant contributions as Largo's 
CFO during the transition from a development to a production Company; an 
integral period in the Company's history. We are very sad to see him go and 
wish him the very best in his retirement." 
In connection with his appointment, Mr. Cleave was granted 1,000,000 options 
of the Company, which will expire in five years. The options will vest over 
three years with 1/4 of the options vesting on the date of grant and 1/4 of 
the options vesting on each of the first, second, and third anniversaries of 
the date of grant thereafter. The options will be priced as follows: a third 
at $0.22, a third at $0.24 and a third at $0.26. Mr. Andrew Hancharyk, the 
Chief Legal Officer of Largo, was also granted 1,000,000 options of the 
Company, on the same terms as Mr. Cleave. 
About Largo 
Largo is a Canadian-based mineral resource exploration and development company 
focused on creating a world leading strategic metals company. Largo 
currently holds a 100% interest in the Maracás Vanadium Project, a 100% 
interest in the Currais Novos Tungsten Tailings Project, a 100% interest in 
the Campo Alegre de Lourdes Iron-Vanadium Project, all in Brazil, and a 100% 
interest in the Northern Dancer Tungsten-Molybdenum property located in the 
Yukon Territory, Canada. The immediate goal of the Company is to develop the 
Maracás Vanadium Project by Q4 2013 and to produce WO(3) concentrate from the 
reprocessing of tungsten tailings from Currais Novos. Largo's skilled 
management team both in Canada and Brazil, are confident in their ability to 
advance these projects. 
Largo is listed on the TSX Venture Exchange under the symbol "LGO". 
For more information please refer to Largo's website: 
This press release contains forward-looking information under Canadian 
securities legislation. forward-looking information includes, but is not 
limited to, statements with respect to completion of the private placement, 
Largo's development potential and timetable of the Maracas and Northern Dancer 
projects; Largo's ability to raise additional funds necessary; the future 
price of tungsten and molybdenum; the estimation of mineral reserves and 
mineral resources; conclusions of economic evaluation; the realization of 
mineral reserve estimates; the timing and amount of estimated future 
production, development and exploration; costs of future activities; capital 
and operating expenditures; success of exploration activities; mining or 
processing issues; currency exchange rates; government regulation of mining 
operations; and environmental risks. Generally, 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". Forward-looking statements are based on 
the opinions and estimates of management as of the date such statements are 
made. 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. 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 section of Largo's annual and interim MD&As. 
Darcie Ladd Manager Business Development 416-861-9406 
Mark Brennan President & CEO 
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SOURCE: Largo Resources Ltd. 
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CO: Largo Resources Ltd.
ST: Ontario
NI: MNG 2575 WNEWS  
-0- Sep/03/2013 22:00 GMT
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