Locksley Resources: Strategic Growth Through Oversubscribed Placement

Locksley Resources Limited (ASX: LKY) has successfully completed a heavily oversubscribed AU$5.3 million capital raising at AU$0.095 per share, led by Tribeca Investment Partners. The offering attracted significant participation from fresh and long-standing institutional investors, reinforcing Locksley’s shareholder base and endorsing its strategic focus on U.S. critical minerals.

The capital raised will be directed toward exploration and drilling at California’s Mojave Project, aimed at uncovering high-grade antimony and rare earth elements, while also advancing downstream development initiatives in the United States. Locksley also holds the Tottenham Copper-Gold Project in New South Wales, positioning it as a dual-continent explorer in strategic mineral regions. With the Mojave Project situated near MP Materials’ Mountain Pass mine and hosting historic high-grade antimony occurrences, the company is well-placed to benefit from growing U.S. efforts to secure critical mineral supply chains.

This placement enhances financial flexibility, enabling Locksley to advance exploration, permitting, and strategic partnerships for long-term value creation.

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