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Locksley Resources Issues 11.8 Million Unquoted Options Expiring 2029

Story Highlights
  • Locksley Resources has issued 11,805,555 unquoted options at a $0.36 exercise price, expiring in March 2029.
  • The new class of options reflects ongoing use of equity-based financing and may affect future dilution and stakeholder incentives.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Locksley Resources Issues 11.8 Million Unquoted Options Expiring 2029

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

Locksley Resources Limited has notified the ASX of the issue of 11,805,555 unquoted options, each exercisable at $0.36 and expiring on 13 March 2029. The new options, issued on 13 March 2026 as a new class of securities, signal ongoing use of equity-based instruments in the company’s capital structure and may influence future dilution and incentive alignment for existing and prospective stakeholders.

The most recent analyst rating on (AU:LKY) stock is a Hold with a A$0.20 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 code LKY, operates in the resources sector, though the specific commodities or projects are not disclosed in the filing. The company raises capital and incentivises stakeholders through the issuance of equity-linked securities, including unquoted options, as part of its corporate financing activities.

Average Trading Volume: 6,437,809

Technical Sentiment Signal: Hold

Current Market Cap: A$75.64M

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

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