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Locksley Resources Expands Share Capital with New Issuance

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Locksley Resources Expands Share Capital with New Issuance

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

Locksley Resources Limited has issued 650,000 fully paid ordinary shares at $0.10 per share following the conversion of unlisted options. This move is part of the company’s strategy to strengthen its financial position and enhance its market operations, with compliance to relevant regulations, indicating a stable and transparent corporate governance structure.

The most recent analyst rating on (AU:LKY) stock is a Hold with a A$0.50 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 operates in the resources sector and is listed on the Australian Securities Exchange (ASX) under the ticker LKY. The company is involved in the exploration and development of mineral resources, focusing on expanding its portfolio and market presence.

Average Trading Volume: 13,126,730

Technical Sentiment Signal: Buy

Current Market Cap: A$94.97M

For a thorough assessment of LKY stock, go to TipRanks’ Stock Analysis page.

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