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Locksley Resources Seeks ASX Quotation for 5.7 Million New Shares

Story Highlights
  • Locksley Resources has applied to quote 5.7 million new fully paid ordinary shares on the ASX.
  • The new shares arise from exercised or converted securities, expanding equity and potentially improving liquidity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Locksley Resources Seeks ASX Quotation for 5.7 Million New Shares

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Locksley Resources Limited ( (AU:LKY) ) has shared an announcement.

Locksley Resources Limited, listed on the ASX under the code LKY, has applied for quotation of an additional 5.7 million fully paid ordinary shares, further expanding its listed equity base. The new securities, issued on 23 January 2026 following the exercise or conversion of existing options or other convertible instruments, will increase the company’s free float and potentially enhance liquidity for shareholders, although the announcement provides no additional detail on use of proceeds or strategic rationale.

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

Average Trading Volume: 7,678,210

Technical Sentiment Signal: Buy

Current Market Cap: A$83.09M

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

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