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Locksley Resources Limited
(Sydney:LKY)
Locksley Resources Limited (LKY) vs. iShares MSCI Australia ETF (EWA)
Locksley Resources Limited Business Overview & Revenue Model
Locksley Resources Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 24.24K | 24.24K | 32.99K | 66.54K | 42.01K | 0.00 |
| Gross Profit | 12.62K | 24.24K | 32.99K | 66.54K | 42.01K | -17.00K |
| EBITDA | -1.56M | -1.56M | -2.07M | -1.43M | -2.68M | -513.68K |
| Net Income | -1.58M | -1.58M | -2.13M | -1.50M | -2.75M | -532.27K |
Balance Sheet | ||||||
| Total Assets | 9.11M | 9.11M | 8.63M | 7.18M | 7.32M | 4.55M |
| Cash, Cash Equivalents and Short-Term Investments | 2.26M | 2.26M | 2.30M | 2.27M | 1.91M | 4.29M |
| Total Debt | 1.80K | 1.80K | 1.80K | 31.50K | 80.99K | 124.97K |
| Total Liabilities | 340.64K | 340.64K | 174.23K | 334.97K | 734.04K | 267.52K |
| Stockholders Equity | 8.77M | 8.77M | 8.46M | 6.85M | 6.58M | 4.29M |
Cash Flow | ||||||
| Free Cash Flow | -1.41M | -1.41M | -2.06M | -1.41M | -2.81M | -511.92K |
| Operating Cash Flow | -1.41M | -1.41M | -2.03M | -1.41M | -2.67M | -463.94K |
| Investing Cash Flow | 22.69K | 22.69K | -575.02K | 0.00 | -146.87K | -47.98K |
| Financing Cash Flow | 1.34M | 1.34M | 2.64M | 1.78M | 429.58K | 4.80M |
Locksley Resources Limited Technical Analysis
Locksley Resources Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
| ― | AU$157.60M | ― | -15.29% | ― | 57.03% | 63.37% | |
| ― | AU$9.28M | ― | -145.66% | ― | ― | 34.61% | |
| ― | AU$6.03M | -4.25 | -25.70% | ― | -100.00% | 80.33% | |
| ― | AU$4.33M | ― | -135.06% | ― | ― | 30.99% | |
| ― | AU$8.17M | -3.00 | -41.50% | ― | ― | -6.38% | |
| ― | AU$6.34M | -2.00 | -91.16% | ― | ― | 56.90% |
Locksley Resources Limited Corporate Events
Locksley Resources Limited has made significant advancements in its Mojave Project, including partnerships with Rice University and GreenMet to enhance its antimony refining capabilities and secure US government funding. The company has expanded its strategic footprint with additional claims and is preparing for drilling programs at its Desert Antimony Mine and El Campo prospects. These developments position Locksley to strengthen its market presence in the critical minerals sector, potentially impacting its operations and stakeholder interests.
The most recent analyst rating on (AU:LKY) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Locksley Resources Limited stock, see the AU:LKY Stock Forecast page.
Locksley Resources Limited has announced the issuance of 1,000,000 fully paid ordinary shares at $0.10 per share following the conversion of unlisted options, and an additional 6,000,000 shares upon meeting a performance hurdle related to existing performance rights. This move reflects the company’s strategic efforts to enhance its capital structure and potentially improve its market positioning, signaling a proactive approach to leveraging its securities for growth and operational expansion.
Locksley Resources Limited has announced the issuance of 7,000,000 fully paid ordinary securities, which will be quoted on the ASX under the code LKY. This move is part of the company’s strategy to enhance its capital structure and potentially improve its market positioning, offering stakeholders an opportunity for increased investment in the company’s future growth.
Locksley Resources Limited has secured a diamond drill rig for its upcoming drilling program at the El Campo Prospect, part of the Mojave Rare Earth Element Project in California. The program, approved by the U.S. Bureau of Land Management, aims to test high-grade REE mineralisation and marks a significant step in Locksley’s strategy to enhance its position in the rare earths market.
Locksley Resources Limited has achieved a significant milestone by producing the first 100% American made antimony ingot in decades. This breakthrough establishes a fully domestic mine-to-metal supply chain for antimony, supporting U.S. government initiatives to secure critical minerals essential for defense, energy, and advanced manufacturing. The company is now advancing pilot-scale production to ensure scalability and aims to supply the U.S. defense and industrial sectors, marking a pivotal step in strengthening America’s critical minerals independence.
Locksley Resources Limited has announced significant progress in its collaborative research program with Rice University, focusing on the development of a green hydrometallurgical solvent system, DeepSolv™, for antimony extraction. This advancement aligns with Locksley’s strategy to establish a sustainable and scalable antimony production process, supporting U.S. objectives for critical mineral independence and marking a milestone in creating a 100% American-made antimony supply chain.
Locksley Resources Limited has appointed Major General (Ret.) Peter J. Lambert to its Advisory Board, enhancing its leadership in the U.S. critical minerals sector. Lambert’s extensive experience in U.S. intelligence, defense, and advanced technology integration aligns with Locksley’s vision of a vertically integrated mine-to-market strategy, positioning the company at the forefront of America’s efforts to secure domestic supplies of critical minerals.
Locksley Resources Limited has qualified to trade on the OTCQX Best Market, enhancing its visibility and accessibility to U.S. investors. This move supports the company’s U.S.-focused strategy on critical minerals, particularly through its Mojave Project, which targets rare earth elements and antimony. The project is strategically located near MP Materials’ Mountain Pass Mine and aligns with U.S. national policy priorities to restore domestic supply independence for critical materials. This development marks a significant milestone for Locksley as it broadens its reach in the U.S. financial markets.
Locksley Resources Limited, listed on the Australian Securities Exchange, has announced the issuance of 1,100,000 fully paid ordinary shares at $0.10 per share following the conversion of unlisted options. This move, executed without disclosure under Part 6D.2 of the Corporations Act, indicates the company’s compliance with relevant legal provisions and suggests a strategic effort to enhance its capital structure without the need for additional disclosures, potentially impacting its market positioning and shareholder value.
Locksley Resources Limited announced the issuance of 5,250,000 unquoted performance rights, effective October 10, 2025. This issuance is part of previously announced transactions and is not intended to be quoted on the ASX, potentially impacting the company’s equity structure and stakeholder interests.
Locksley Resources Limited has announced the issuance of 1,100,000 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code LKY. This move is part of the company’s strategy to enhance its capital structure and support its ongoing operations, potentially impacting its market positioning and offering new opportunities for stakeholders.
Locksley Resources Limited has announced a significant advancement at its Mojave Project, with structural mapping expanding the mineralized corridor at the Desert Antimony Mine by 400% to 1.2 km. This expansion, along with the identification of a parallel structural target zone, enhances the potential for a larger mineralized system, positioning Mojave as a strategic critical minerals hub aligned with U.S. domestic supply-chain initiatives. The updated geological model defines seven priority targets for further exploration, supporting future drilling programs and potentially strengthening the U.S. antimony supply chain.
Locksley Resources Limited has achieved a significant milestone in its metallurgical test work at the Desert Antimony Mine Prospect, producing a high-grade antimony concentrate with a purity of 68.1%. This advancement positions the company to potentially supply superior feedstock to current market streams and aligns with US government priorities for a domestic antimony supply chain, crucial for defense and industrial applications.
Locksley Resources Ltd, a company listed on the ASX, OTCQB, and FSE, has announced the details for its upcoming Annual General Meeting, scheduled for November 28, 2025. The company has set October 10, 2025, as the deadline for director nominations, signaling a key opportunity for stakeholders to influence the company’s governance.
Locksley Resources Limited has announced the cessation of Julian Woodcock as a director effective from September 25, 2025. This change in the board of directors could impact the company’s strategic direction and stakeholder relations, as Woodcock held 4,000,000 director performance rights through Bedrock Investment Group Pty Ltd.
Locksley Resources Limited has announced the expansion and acceleration of its collaboration with Rice University to further develop its DeepSolv™ technology, which is designed for the extraction and refining of antimony feedstocks. The company is actively pursuing opportunities to enhance its market position by leveraging its partnership with Rice University, which provides access to world-class expertise, and by engaging with additional potential users of its technology. This initiative is expected to strengthen Locksley’s strategic positioning in the antimony and rare earths markets, particularly in the U.S., where it aims to capitalize on the growing demand for antimony-based materials in advanced energy storage applications.
Locksley Resources Limited has announced that UBS Group AG and its related bodies corporate have ceased to be substantial shareholders as of September 26, 2025. This change in shareholding may impact the company’s market dynamics and stakeholder relationships, as substantial shareholders often influence company decisions and strategic directions.
Locksley Resources Limited has successfully completed its Tranche 2 placement with Tribeca, enhancing its financial position with over $7 million in cash. This strategic move underscores the confidence of major shareholders in Locksley’s growth strategy and strengthens its operational capabilities as it continues to pursue its mine-to-market objectives.
Locksley Resources Limited, listed on the Australian Securities Exchange (ASX: LKY), has announced the issuance of a total of 20,770,912 fully paid ordinary shares. This includes shares issued as part of a capital raising effort, conversion of unlisted options, satisfaction of performance hurdles, and in lieu of cash payments to service providers. The issuance was conducted without disclosure under Part 6D.2 of the Corporations Act, and the company has confirmed compliance with relevant provisions of the Act. This move is likely aimed at strengthening the company’s financial position and operational capabilities.
Locksley Resources Limited has announced the application for quotation of 10,526,316 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code LKY. This move is part of previously announced transactions, potentially enhancing the company’s market presence and providing additional capital for its operations.
Locksley Resources Limited has announced the issuance of 13,393,275 unlisted options, exercisable at 14.25 cents and set to expire on September 29, 2027. This move could potentially impact the company’s capital structure and provide strategic flexibility, influencing its market positioning and offering potential benefits to stakeholders.
Locksley Resources Limited has announced a new issuance of 4,017,742 ordinary fully paid shares, which will be quoted on the ASX. This move involves compensating marketing services with shares instead of cash, indicating a strategic financial decision to manage cash flow while maintaining operational momentum. This decision could impact the company’s financial structure and market perception, potentially influencing stakeholder confidence and investment interest.
Locksley Resources Limited has announced the quotation of 6,226,854 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of September 29, 2025. This move is part of the company’s strategy to enhance its financial flexibility and support its ongoing operations and growth initiatives, potentially strengthening its position in the resources sector and offering new opportunities for stakeholders.
Locksley Resources Limited announced the results of its General Meeting of Shareholders, where all resolutions were passed. The successful resolutions are expected to support the company’s strategic initiatives and enhance its market positioning, potentially benefiting shareholders and stakeholders by facilitating future growth and development.
Locksley Resources Limited has bolstered its executive leadership by appointing Ms. Kerrie Matthews as CEO and Mr. Danny George as COO. These appointments are pivotal as the company accelerates its U.S. mine-to-market strategy for antimony. Ms. Matthews brings over 20 years of experience in delivering complex, capital-intensive projects, while Mr. George offers extensive global expertise in project execution. Their leadership is expected to enhance Locksley’s ability to secure funding and partnerships, engage with stakeholders, and rapidly advance the Desert Antimony Mine project. This strategic move positions Locksley as a fast mover in addressing U.S. supply chain constraints, particularly the lack of large-scale commercial antimony processing capacity.
Locksley Resources Limited announced a proposed issue of 5,250,000 performance rights as part of a placement or other type of issue, with the proposed issue date set for September 26, 2025. This move is likely to impact the company’s capital structure and could influence its market positioning by potentially enhancing its financial flexibility and operational capacity.
Locksley Resources Limited has released its 2025 Annual Report, detailing the company’s financial performance and strategic direction. The report includes comprehensive financial statements and disclosures, providing insights into the company’s operational outcomes and financial health. This release is significant for stakeholders as it offers a transparent view of the company’s fiscal position and future prospects, potentially impacting investor confidence and market positioning.
Locksley Resources Limited has released its updated corporate governance statement, which is now available on their website. The statement, approved by the board, outlines the company’s adherence to the ASX Corporate Governance Council’s principles and recommendations, ensuring transparency and accountability in its operations. This move is expected to strengthen stakeholder confidence and align the company with industry standards.
Locksley Resources Limited has announced promising initial metallurgical test results from its Mojave Project, which indicate high recovery rates of antimony, ranging from 82.9% to 85.9%. These results validate the project’s potential to support a domestic supply chain for antimony, a critical mineral, in the United States. The company is assessing options to produce antimony metal ingot, oxide, and trisulphide, with further improvements expected as fresh rock samples are tested. The successful testwork positions Locksley to play a significant role in securing the U.S. critical minerals supply chain, with ongoing efforts to enhance stibnite recovery and concentrate grade.
Locksley Resources Limited has announced a significant expansion of its exploration program following an increase in its landholding and the discovery of historical mining activities at the Mojave Project. The company plans to accelerate its exploration efforts, targeting both existing prospects and newly identified commodities, which could enhance its position in the critical minerals market. This expansion underscores Locksley’s commitment to advancing its operations in a strategically important region, potentially impacting stakeholders by increasing resource potential and exploration opportunities.
Locksley Resources Limited, listed on the ASX under the ticker LKY, has announced the issuance of 2,717,418 fully paid ordinary shares at a price of $0.10 per share. This issuance follows the conversion of unlisted options and is part of the company’s securities quoted on the Australian Securities Exchange. The announcement indicates that the shares were issued without disclosure under the Corporations Act, and the company is in compliance with relevant provisions of the Act. This move may impact the company’s market presence by increasing its share capital and potentially enhancing liquidity for stakeholders.
Locksley Resources Limited has announced the quotation of 2,717,418 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of September 12, 2025. This move is part of the company’s strategy to enhance its market presence and potentially increase its capital base, which could have significant implications for its operational capabilities and stakeholder interests.
Locksley Resources Limited has significantly expanded its strategic footprint in California’s Mojave region by staking an additional 249 claims, increasing its total claims to 491. This expansion strengthens Locksley’s competitive positioning in the critical minerals sector, particularly with the growing demand for antimony and REEs driven by U.S. supply chain security initiatives. The new claims, adjacent to Locksley’s existing tenement and MP Materials’ landholding, provide a broader platform for advancing exploration and development opportunities, reinforcing the company’s commitment to its Mine-to-Market strategy.
Locksley Resources Ltd has entered into a non-binding agreement with EV Resources Limited to secure additional antimony ore supply, which is crucial for the development of its DeepSolv™ processing technology. This strategic move aims to strengthen Locksley’s position in the U.S. antimony market, enhance its supply chain resilience, and support the U.S. defense and energy sectors by providing a non-Chinese source of critical minerals.
Locksley Resources Limited has released a corporate presentation highlighting its Mojave Project, which focuses on antimony and rare earth elements. This project is strategically located next to the only producing rare earth mine in the USA, potentially enhancing the company’s market position in the rare earth sector. The announcement underscores the company’s ongoing evaluations and operational plans, which are subject to various external factors, including funding availability and regulatory approvals.
Locksley Resources Limited has announced the appointment of Patrick Burke as a director, effective from September 1, 2025. Burke holds 3,000,000 director performance rights through Rowan Hall Pty Ltd, which are set to expire on September 2, 2028. This appointment and the associated performance rights indicate a strategic move by the company to strengthen its leadership and align director incentives with long-term company goals.
Locksley Resources Limited has announced that Nathan Lude has ceased to be a director as of September 1, 2025. The final director’s interest notice reveals that Lude held no securities as a registered holder but had significant interests through entities such as ING Investment Fund Pty Ltd and Advantage Management Pty Ltd, including fully paid ordinary shares and various performance rights. This change in directorship might impact the company’s governance structure and could have implications for its strategic direction, depending on Lude’s role and influence within the company.
Locksley Resources Limited announced the issuance of 3,000,000 performance rights under an employee incentive scheme, which are not intended to be quoted on the ASX. This move is likely aimed at motivating and retaining key personnel, potentially enhancing the company’s operational efficiency and competitive positioning in the resources sector.
Locksley Resources Limited has appointed Mr. Pat Burke as Non-Executive Chairman, bringing his extensive experience in advancing rare earth element projects and corporate governance to the company. This leadership change is part of Locksley’s strategy to accelerate its growth phase, focusing on U.S. minerals projects and downstream technology initiatives. Mr. Nathan Lude will transition to the role of Head of Strategy, Capital Markets & Commercialisation, emphasizing the company’s commitment to strengthening America’s critical minerals supply chain through strategic partnerships and investor growth.
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.
Locksley Resources Limited has announced the quotation of 6,068,969 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of August 29, 2025. This move is part of the company’s strategy to enhance its capital structure and potentially improve its market positioning, offering stakeholders an opportunity to participate in its growth and development plans.
Locksley Resources Limited announced an investor webinar to discuss updates on its Mojave Critical Minerals Project and a new partnership to accelerate antimony processing in the USA. This initiative is significant as it positions Locksley to benefit from the geopolitical push to diversify supply chains away from China, potentially enhancing the company’s strategic positioning and stakeholder value in the critical minerals sector.
Locksley Resources Limited has announced its 2025 General Meeting of Shareholders, scheduled for September 25, 2025, in Perth, Australia. Shareholders are encouraged to submit proxy voting instructions and questions in advance to facilitate efficient meeting proceedings. The company will not send physical copies of the meeting notice unless previously requested, and shareholders can access the notice online. This meeting is a significant event for Locksley Resources, as it provides a platform for shareholder engagement and decision-making, potentially impacting the company’s strategic direction.
Locksley Resources Limited has announced a General Meeting for its shareholders to be held on September 25, 2025, in Perth, Australia. The meeting will focus on ratifying the prior issue of Tranche 1 Placement Shares under the company’s Listing Rule capacities. This decision is crucial for the company’s compliance with ASX Listing Rules and involves voting exclusions for certain participants and their associates, ensuring fair voting practices.
Locksley Resources Limited has partnered with GreenMet, a strategic advisory group based in Washington D.C., to advance its Mojave Critical Minerals Project. This collaboration aims to align with U.S. government initiatives under the Defense Production Act and Inflation Reduction Act, enhancing Locksley’s visibility and access to funding opportunities. The partnership is expected to strengthen Locksley’s position in the critical minerals market by contributing to the establishment of the first domestic antimony processing capacity in the U.S., thus addressing a significant supply chain gap.
Locksley Resources Limited has announced a strategic partnership with Rice University to advance its U.S. Critical Minerals and Energy Resilience Strategy. This collaboration aims to develop domestic processing pathways for antimony, a critical material for the U.S. Defense sector, and to reduce reliance on foreign imports, particularly from China. By integrating upstream development with downstream innovation, Locksley seeks to establish a sovereign supply chain that aligns with U.S. strategic needs and potentially access government funding. This initiative marks a significant step in addressing the critical supply chain gap in antimony processing, which is currently dominated by foreign suppliers.
Locksley Resources Limited has requested a trading halt on its securities pending the announcement of a significant agreement related to a downstream critical minerals processing and technology partnership in the USA. This move is expected to have implications for the company’s operations and market positioning, potentially impacting stakeholders and industry dynamics.
Locksley Resources Limited has deployed a structural geology team to its Mojave Project in California to conduct detailed mapping and target generation, aiming to enhance the geological understanding of rare earth elements and antimony potential. The company is aligning with U.S. policy through its application for membership with the Critical Materials Institute and engagements with the EXIM Bank and U.S. Department of the Interior. These strategic moves position Locksley to benefit from U.S. Department of Energy’s funding initiatives and President Trump’s Executive Order on critical minerals, potentially bolstering its role in the U.S. supply chain for these essential resources.
Locksley Resources Limited announced a change in the director’s interest involving Nathan Lude. The change includes the acquisition of 1,260,081 fully paid ordinary shares and 4,000,000 director performance rights, following the satisfaction of a performance milestone and approval at a recent General Meeting. This adjustment in shareholding could indicate strategic positioning for future company developments.
Locksley Resources Limited has issued 6,675,000 fully paid ordinary shares at a price of $0.10 per share following the conversion of unlisted options. This issuance was conducted without disclosure under Part 6D.2 of the Corporations Act, and the company confirms compliance with relevant provisions of the Act, indicating transparency and adherence to regulatory requirements.
Locksley Resources Limited has announced the issuance of 6,675,000 new ordinary fully paid securities, which are set to be quoted on the Australian Securities Exchange (ASX) under the code LKY. This move is part of the company’s strategy to capitalize on convertible securities being exercised, which could potentially strengthen its financial position and provide additional capital for future projects, thereby impacting its operational capabilities and market positioning.
Locksley Resources Limited has released a corporate presentation detailing its Mojave Project, which focuses on antimony and rare earth elements. The project’s proximity to the only producing rare earth mine in the USA highlights its strategic importance. The announcement underscores the company’s commitment to advancing its exploration efforts, although it cautions that the plans and use of funds are subject to various external factors, including funding availability and regulatory approvals. This development could potentially enhance Locksley’s positioning in the rare earths market, offering significant implications for stakeholders interested in the growing demand for these critical minerals.
Locksley Resources Limited has announced that UBS Group AG and its related bodies corporate have ceased to be substantial shareholders as of August 7, 2025. This change in shareholder status may impact the company’s operations and market perception, as substantial shareholders often have significant influence over company decisions and strategic direction.
Locksley Resources Limited has announced its Mojave Project, which focuses on antimony and rare earth elements, strategically located next to the only operational rare earth mine in the United States. This positioning could enhance the company’s market presence and offer significant opportunities in the rare earth sector, potentially impacting stakeholders positively by aligning with increasing demand for these critical minerals.
Locksley Resources Limited has issued a total of 55,833,332 fully paid ordinary shares on the Australian Securities Exchange. This issuance includes 45,833,332 shares at a price of $0.095 each and an additional 10,000,000 shares following the fulfillment of a performance hurdle. The company has ensured compliance with relevant provisions of the Corporations Act, indicating transparency and adherence to regulatory standards.
Locksley Resources Limited has announced the issuance of 5,000,000 unquoted equity securities in the form of ESIP performance rights as part of an employee incentive scheme. This move is aimed at enhancing employee engagement and aligning their interests with the company’s growth objectives, potentially impacting the company’s operational dynamics and stakeholder relations positively.
Locksley Resources Limited has announced the issuance of unquoted equity securities, including 7.5 million options expiring in 2028 and 16 million director performance rights. This move is likely aimed at incentivizing management and aligning their interests with shareholders, potentially impacting the company’s operational strategies and market positioning.
Locksley Resources Limited announced the issuance of 10 million fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code LKY. This move is likely to enhance the company’s capital base, potentially supporting its exploration and development activities, and could influence its market positioning by attracting new investors and stakeholders.
Locksley Resources Limited has announced the application for quotation of 45,833,332 ordinary fully paid securities on the Australian Securities Exchange (ASX), with the issue date of August 7, 2025. This move is part of a previously announced transaction, potentially enhancing the company’s capital structure and market presence, which could have significant implications for its stakeholders and industry positioning.
Locksley Resources Limited has completed a successful capital raising and appointed Tribeca Capital as a strategic advisor to enhance its critical minerals strategy. This partnership aims to position Locksley as a key player in the U.S. and global critical minerals supply chain, leveraging Tribeca’s expertise and network to advance technology collaborations, government engagement, and funding opportunities.
Locksley Resources Limited has submitted an expanded Plan of Operations to the U.S. Bureau of Land Management for its Desert Antimony Prospect in California, marking a significant step in its U.S. critical minerals program. The expanded drilling plan, supported by recent capital raising, aims to enhance the geological understanding and define a JORC Exploration Target, positioning Locksley at the forefront of America’s drive to secure domestic supply chains for critical minerals.
Locksley Resources Limited has announced a proposed issue of 56,359,648 ordinary fully paid securities, scheduled for issuance on August 7, 2025. This move is part of a placement or other type of issue, which could potentially enhance the company’s capital structure and support its ongoing operations and strategic initiatives.
Locksley Resources Limited has successfully completed an oversubscribed capital raising, securing $5.3 million through a placement of new shares at $0.095 each. The placement was led by Tribeca Investment Partners and attracted significant interest from institutional investors, strengthening Locksley’s shareholder base. The funds will be used for additional drilling at the Mojave Project and to progress U.S. downstream processing initiatives, positioning the company to enhance its exploration and development activities in the critical minerals sector.
Locksley Resources Limited, listed on the ASX under the ticker LKY, announced the results of its General Meeting of Shareholders. All resolutions presented at the meeting were carried, indicating strong shareholder support for the company’s proposals. This outcome may enhance Locksley’s operational strategies and strengthen its position in the market.
Locksley Resources Limited has made significant advancements in its Mojave Project, securing drilling permits for the Desert Antimony Mine and El Campo REE prospect, and completing extensive 3D geological modeling to refine targets. The company has strengthened its strategic alliances in the U.S., expanded its investor reach through a successful OTCQB listing, and secured $1.47 million in funding to support its exploration initiatives. These developments position Locksley to commence an expanded drilling campaign in late Q3 2025, aiming to explore newly identified mineralization zones and enhance its operational and market standing.