Largo Physical Vanadium Announces Results of Annual Meeting and Appointment of CEO
Largo Physical Vanadium’s shareholders approved board and auditor appointments, and the company named a new CEO to lead its vanadium-focused strategy.
Rhea-AI Summary
Largo Physical Vanadium (VANAF) reports the results of its annual shareholder meeting held on September 10, 2026, and a leadership change. Shareholders elected three directors, Daniel Tellechea, Larry Ciccarelli, and Erik Bethel, to the board until the next annual meeting, and appointed TZR LLP as auditors. The company’s management information circular with further meeting details is available on SEDAR+.
The company also appointed Daniel Tellechea as Chief Executive Officer, replacing Francesco D'Alessio, and expressed thanks for Mr. D'Alessio’s leadership. LPV describes its business as providing pure-play exposure to physical vanadium and aims to supply vanadium to end users of vanadium redox flow batteries and other sectors.
Positive
- Board and auditor approvals provide continuity with three directors elected and TZR LLP appointed at the annual meeting
- New CEO appointment with Daniel Tellechea taking over leadership, signalling a defined management transition
Negative
- None.
Details
News Market Reaction – VANAF
In the Sep 16 session, VANAF declined 12.00%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
TORONTO, ON / ACCESS Newswire / September 10, 2026 / Largo Physical Vanadium Corp. ("LPV" or the "Company") (TSX.V:VAND)(OTCQX:VANAF) announces today the results of its annual meeting of shareholders held earlier today (the "Meeting").
At the Meeting, the following three nominees were appointed as directors of the Company (the "Board") to hold office until the close of the next annual meeting of the Company's shareholders: Daniel Tellechea, Larry Ciccarelli, and Erik Bethel. TZR LLP were appointed as auditors of the Company. The Company's management information circular containing additional details surrounding the items of business at the Meeting is available under the Company's profile on SEDAR+ at www.sedarplus.ca.
The Company also announces that Daniel Tellechea has been appointed as Chief Executive Officer to replace Francesco D'Alessio. On behalf of the Company, we would like to thank Mr. D'Alessio for his leadership during his time at the Company.
About Largo Physical Vanadium Corp.
Largo Physical Vanadium Corp. (LPV) offers pure-play exposure to vanadium through its holdings of physical vanadium. LPV aims to provide a secure, convenient and exchange-traded investment alternative for investors interested in having direct exposure to physical vanadium, a metal essential to achieving a greener world in key industries such as steel, aerospace and energy storage. Vanadium is non-degrading and fully recyclable when used as electrolyte in vanadium redox flow batteries ("VRFBs") and offers carbon reducing attributes when used in steel alloying applications. LPV's strategy is not only to achieve appreciation through the acquisition of vanadium, but to own and actively supply vanadium to end users of VRFBs to advance to integration of renewable energy in long duration storage and to enable the energy transition. This strategy is integral to LPV's business plan, as it necessarily defrays the costs associated with using vanadium in VRFBs through the unique non-degradation characteristics of the metal.
LPV's common shares trade on the TSX Venture Exchange under the symbol "VAND" and on the OTCQX under the symbol "VANAF". For more information, please visit www.lpvanadium.com.
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For further information, please contact:
Daniel Tellechea
Chief Executive Officer
+1 602.320.9621
info@lpvanadium.com
Cautionary Statement on Forward-looking Information:
This press release contains forward-looking information under applicable securities legislation ("forward-looking information"). Forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". All information contained in this news release, other than statements of current and historical fact, is forward looking information. Forward-looking information contained in this press release includes, but is not limited to, LPV's strategy and business plans, the VRFB market and the value of, demand for and uses for vanadium.
Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to risks relating to the risks listed under Part VI - "Risk Factors" in the filing statement dated September 13, 2022 filed under the Company's SEDAR profile at www.sedar.com. Forward-looking information is based on the opinions and estimates of management as of the date such information is provided. Although management of LPV has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. LPV does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
SOURCE: Largo Physical Vanadium Corp.
View the original press release on ACCESS Newswire
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Who was elected to Largo Physical Vanadium’s board at the 2026 annual meeting?
Three nominees were elected as directors to serve until the close of the next annual meeting: Daniel Tellechea, Larry Ciccarelli, and Erik Bethel.
Who is Largo Physical Vanadium’s new CEO and whom do they replace?
Daniel Tellechea has been appointed Chief Executive Officer, replacing Francesco D'Alessio. The company thanked Mr. D'Alessio for his leadership during his tenure.
Which firm was appointed as Largo Physical Vanadium’s auditor?
TZR LLP was appointed as the company’s auditors at the annual meeting.
What business focus does Largo Physical Vanadium describe in this announcement?
The company states it offers pure-play exposure to vanadium through holdings of physical vanadium and aims to provide an exchange-traded investment alternative. Its strategy includes acquiring vanadium and supplying it to end users of vanadium redox flow batteries (VRFBs) and other industries such as steel and aerospace, leveraging vanadium’s non-degrading and recyclable characteristics.