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Locksley Resources Issues New Shares Following Option Conversion

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Locksley Resources Issues New Shares Following Option Conversion

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Locksley Resources Limited ( (AU:LKY) ) has provided an update.

Locksley Resources Limited, listed on the Australian Securities Exchange (ASX: LKY), has announced the issuance of 6,068,969 fully paid ordinary shares at a price of $0.10 per share following the conversion of unlisted options. This move is part of their ongoing financial operations and compliance with the Corporations Act, indicating a strategic step in capital management. The issuance was conducted without disclosure under Part 6D.2 of the Corporations Act, and the company has confirmed its compliance with relevant legal provisions, ensuring transparency and adherence to regulatory standards.

More about Locksley Resources Limited

Average Trading Volume: 16,096,568

Technical Sentiment Signal: Buy

Current Market Cap: A$71.29M

Learn more about LKY stock on TipRanks’ Stock Analysis page.

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