tiprankstipranks
Advertisement
Advertisement

Locksley Resources Expands Capital Base Through Option Conversion

Story Highlights
Locksley Resources Expands Capital Base Through Option Conversion

Claim 30% Off TipRanks

An update from Locksley Resources Limited ( (AU:LKY) ) is now available.

Locksley Resources has issued 1,386,089 fully paid ordinary shares at $0.10 each following the conversion of unlisted options, expanding its quoted share capital on the ASX. The company confirmed that the shares were issued without a prospectus under the Corporations Act, that it remains compliant with its continuous disclosure and reporting obligations, and that there is no excluded information, signalling regulatory conformity and transparency for investors.

The most recent analyst rating on (AU:LKY) stock is a Hold with a A$0.16 price target. To see the full list of analyst forecasts on Locksley Resources Limited stock, see the AU:LKY Stock Forecast page.

More about Locksley Resources Limited

Locksley Resources Limited, listed on the ASX under the ticker LKY, operates in the resources sector. The company’s fully paid ordinary shares are quoted on the Australian Securities Exchange, providing investors with exposure to its exploration and development activities within the mining and resources industry.

Average Trading Volume: 6,295,236

Technical Sentiment Signal: Hold

Current Market Cap: A$61.65M

Find detailed analytics on LKY stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1