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Largo Resources Announces Filing of Final Short Form Prospectus

Financings

PRESS RELEASE   July 20, 2018 

Largo Resources Announces Filing of Final Short Form Prospectus

TORONTO — Largo Resources Ltd. (" Largo" or the " Company") (TSX: LGO) (OTCQX: LGORF) announces

that, further to its earlier press release today, it has obtained a receipt for the filing of its final short form

prospectus in connection with the previously announced secondary offering of common shares. A copy of the

final short form prospectus and the receipt are available on SEDAR under the Company's profile at

www.sedar.com.

The common shares subject to the offering have not been and will not be registered under the U.S. Securities

Act of 1933, as amended, (the "Securities Act") and may not be offered or sold in the United States absent

registration under or an applicable exemption from the registration requirements of the Securities Act. This

press release does not constitute an offer to sell or the solicitation of an offer to buy the shares herein described,

and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale

would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.

About Largo Resources

Largo is a Toronto-based strategic mine ral 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.

For further information please contact:

Largo Investor Relations

[email protected]

Tel: +1 416-861-9797