March 15, 2017 / 7:30 PM / 4 months ago

BRIEF-Largo announces waiver of capitalization condition by banks

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March 15 (Reuters) - Largo Resources Ltd:

* Largo announces waiver of capitalization condition by banks

* Lenders, co in talks to use some of operating subsidiary's cash flow from operations to fund certain payment obligations to lenders

* Lenders under existing debt facilities have agreed to temporarily waive requirement co inject further $5 million in working capital into unit Source text for Eikon: Further company coverage:

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