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Locksley Resources Limited ( (AU:LKY) ) has issued an announcement.
Locksley Resources has issued 760,000 fully paid ordinary shares at $0.10 each following the conversion of unlisted options, along with a further 3.5 million fully paid ordinary shares upon the satisfaction of performance hurdles attached to existing performance rights. The company said the new shares, which form part of its existing quoted class on the ASX, were issued without the need for a prospectus under the Corporations Act, and confirmed it is up to date with its financial reporting and continuous disclosure obligations, with no excluded information on hand for investors.
The most recent analyst rating on (AU:LKY) stock is a Hold with a A$0.18 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 (ASX: LKY) is an Australia-listed company whose fully paid ordinary shares are quoted on the Australian Securities Exchange, operating within the broader resources sector.
Average Trading Volume: 6,937,909
Technical Sentiment Signal: Buy
Current Market Cap: A$69.61M
See more data about LKY stock on TipRanks’ Stock Analysis page.