10/31/2011 - 11:27 AM EST - Largo Resources Ltd. : says it has received approval from a Brazilian bank for an eight-year direct loan to finance its Maracas Vanadium project northeast of Brasilia, the nation’s capital. The company said Monday that the Brazilian Development Bank has provided it with a formal letter confirming the financing, while the Bahia state government is also backing the project. Largo Resources Ltd.
shares V.LGO are trading even at $0.30.
