June 27 (Reuters) - Largo Resources Ltd LGO.TO :
* LARGO RESOURCES ANNOUNCES CORPORATE UPDATE ON CAPITAL RETURN PLANS AND VANADIUM SALES AND TRADING BUSINESS
* LARGO RESOURCES LTD - DECIDED TO CONTINUE TO PRIORITIZE OPTIMIZATION OF PRODUCTION AT MARACÁS MENCHEN MINE
* LARGO RESOURCES LTD - ADOPTED STRATEGY OF NOT RETURNING CAPITAL TO SHAREHOLDERS AT THIS TIME.
* LARGO RESOURCES LTD - ANTICIPATED INCREASE IN TRADE PAYABLES AT END OF Q2 2019 VERSUS END OF Q1 2019 WILL BE IN RANGE OF US$30 TO $45 MILLION
* LARGO RESOURCES - ANTICIPATED WORKING CAPITAL REQUIREMENTS FOR VANADIUM SALES AND TRADING BUSINESS IS EXPECTED TO BE IN RANGE OF US$30 TO US$40 MILLION