Largo Resources Ltd. announced the appointment of Mr. Jonathan Lee to its Board of Directors as a director nominee of Arias Resource Capital Fund L.P., Arias Resource Capital Fund II L.P. and Arias Resource Capital Fund II (Mexico) L.P. (collectively, the "ARC Funds"). Mr. Lee currently sits on the board of Park Lawn Company Ltd. Mr. Lee is a Vice President with Arias Resource Capital Management LP. Prior to Arias Resource Capital Management, Mr. Lee worked with Ambac Assurance Corporation.