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An update from Locksley Resources Limited ( (AU:LKY) ) is now available.
Locksley Resources Limited has called a general meeting of shareholders for 22 January 2026 in Perth, where investors on the register as at 20 January 2026 will vote on ratifying prior share placements. The board is seeking shareholder approval under ASX Listing Rule 7.4 to ratify the earlier issue of a combined 70,833,334 placement shares under Listing Rules 7.1 and 7.1A, a step that will effectively refresh the company’s placement capacity and provide greater flexibility for future capital raisings, while subject to voting exclusions for those who participated in the placements and their associates.
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 is an Australian-listed company in the resources sector, with its shareholder base governed under the Corporations Regulations 2001 (Cth) and the ASX Listing Rules. The company’s securities are subject to standard ASX placement and capacity limits, reflecting a focus on raising equity capital through share placements to fund its ongoing activities in the mining and exploration industry.
Average Trading Volume: 7,507,427
Technical Sentiment Signal: Buy
Current Market Cap: A$67.83M
Learn more about LKY stock on TipRanks’ Stock Analysis page.