Tuesday, 02 January 2024 12:17 GMT

Critical Mineral Stock Locksley Resources Limited (OTCQX: LKYRF) Announces Oversubscribed A$17 Million Placement Lead By U.S. Investors


(MENAFN- Investor Ideas) ( Newswire) Breaking Critical Minerals and Antimony Stock News - Locksley Resources Ltd (ASX: LKY,OTCQX: LKYRF, FSE: X5L) announced the successful completion of a heavily oversubscribed capital raising, securing firm commitments to raise approximately A$17 million via a placement of new shares at A$0.24 per share to Australian, US and international investors.

Cornerstone investors in the placement included well established U.S. institutional investors, providing a strong endorsement of Locksley's strategy to deliver a fully integrated U.S. based "Mine to Market" critical minerals supply chain. More information is here:.

She added:

The placement was managed by Alpine Capital Pty Ltd. and Titan Partners Group, a division of American Capital Partners, acting as Joint Lead Managers. Settlement of the placement is expected to occur on or around December 11, 2025, with new shares to rank equally with existing paid ordinary shares.

Locksley Resources ( ) is an Australian-based explorer focused on critical minerals. The company is actively advancing its U.S. Asset, the Mojave Project, in California, targeting rare earth elements (REE) and antimony (The Desert Antimony Mine). The company also has a strategic collaboration with Rice University to develop DeepSolvTM for domestic processing of North American antimony. This agreement is a cornerstone of Locksley's U.S. Critical Minerals and Energy Resilience Strategy to accelerate "mine-to-market" deployment of antimony in the U.S.

Contact: Beverly Jedynak,..., 312-943-1123; 773-350-5793.

LOCKSLEY (ASX: LKY) (OTCQX: LKYRF) is a featured showcase mining stock at Investorideas

/CO/LKYRF/

Research mining stocks at Investorideas with our free mining stocks directory at Investorideas



Exploring Mining Podcast with Investorideas - get mining stock news from TSX, TSXV, CSE, ASX, NASDAQ, NYSE companies plus interviews with CEO's and leading expertsCheck out theExploring Mining podcast by Investor Ideas for the latest mining stock news and insightful interviews with top industry experts
About Investorideas - Big Investing Ideas

Investorideas is the go-to platform for big investing ideas. From breaking stock news to top-rated investing podcasts, we cover it all.

Advertising agencies - Learn more about digital advertising and guest posts at Investorideas /Advertise/

Follow us on X @investorideas @stocknewsbites
Follow us on Facebook
Follow us on YouTubec/Investorideas

Contact Investorideas
800 665 0411

MENAFN08122025000142011025ID1110453817



Investor Ideas

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search