Largo Resources Ltd.

1.27

Canada & Ontario Toronto

55 University Avenue, Suite 1101

+1 416 861-9797

www.largoresources.com

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Company Press Releases

Largo Signs Definitive Agreement for US$56 Million Sale of Iron Ore Calcine as Previously Announced

Largo Inc. ("Largo" or the "Company") (TSX: LGO) (NASDAQ: LGO), the world’s largest primary vanadium producer, is pleased to announce that its Brazilian operating subsidiary has signed the definitive agreement for the sale of up to 4.5 million tonnes of iron ore calcine material stockpile previously announced on January 5, 2026. The agreement provides for a multi-year Ex Works (EXW) contract under Incoterms with total expected cash proceeds in excess of US$56 million. Under the terms of the agreement, the first payment of US$2.9 million is due by January 30, 2026,...

Largo Announces Copper Mineralization Studies Across its Marac?s Menchen Vanadium Deposits; Extends US$6 Million Secured Loan

Largo Inc. ("Largo" or the "Company") (TSX: LGO) (NASDAQ: LGO) is pleased to announce that it has initiated geological studies to assess the continuity of copper mineralization at the Maracás Menchen Complex, based on prior drilling and sampling data, as well as preliminary flotation recovery test results. These internal tests, originally conducted to evaluate the recovery of platinum group metals (“PGMs”), showed promising results suggesting the potential for copper recovery as a byproduct during the processing of vanadium and titanium. This press rele...

Largo Announces US$60 Million At-The-Market Equity Offering Program

Largo Inc. ("Largo" or the "Company") (TSX: LGO) (NASDAQ: LGO), a vanadium producer, is pleased to announce the establishment of an at-the-market equity offering program (the “ATM Program”) pursuant to which the Company may issue and sell common shares having aggregate gross proceeds of up to US$60,000,000 from time to time on The Nasdaq Stock Market. Sales of common shares under the ATM Program, if any, will be made through H.C. Wainwright & Co., LLC, acting as the sole sales agent, at prevailing market prices at the time of sale, subject to market con...

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