MiningNewsBreaks – Locksley Resources Limited (ASX: LKY) (FRA: X5L) (OTCMKTS: LKYRF) Completes Oversubscribed A$17 Million Capital Raising

Locksley Resources (ASX:ย LKY) (FRA:ย X5L) (OTCMKTS:ย LKYRF)ย announced the successful completion of a heavily oversubscribed capital raising, securing firm commitments of approximately A$17 million through a placement of new shares at A$0.24 per share to Australian, U.S. and international investors. Cornerstone participation from established U.S. institutional investors underscored support for the Companyโ€™s strategy to develop a fully integrated U.S.-based mine-to-market critical minerals supply chain, with proceeds supporting downstream developmentย objectives, and the placement managed by Alpine Capital Pty Ltd. and Titan Partners Group, a division of American Capital Partners.

To view the full press release, visitย https://ibn.fm/xwort

About Locksley Resources Limited

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 developย DeepSolvโ„ข for domestic processing of North American antimony. This agreement is a cornerstone of Locksleyโ€™s U.S. Critical Minerals and Energy Resilience Strategy to accelerate โ€œmine-to-marketโ€ deployment of antimony in the U.S.

For more information, visitโ€ฏhttps://locksleyresources.com.au/

About MiningNewsWire

MiningNewsWireย (โ€œMNWโ€) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 75+ brands within theย Dynamic Brand Portfolioย @ย IBNย that delivers:ย (1) access to a vast network of wire solutions viaย InvestorWireย to efficiently and effectively reach a myriad of target markets, demographics and diverse industries;ย (2) article andย editorial syndication to 5,000+ outlets;ย (3) enhancedย press release enhancementย to ensure maximum impact;ย (4)ย social media distributionย via IBN to millions of social media followers;ย and (5) a full array of tailoredย corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in todayโ€™s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from MiningNewsWire, text โ€œBigHoleโ€ to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visitย https://www.MiningNewsWire.com

Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published:ย https://www.MiningNewsWire.com/Disclaimer

MiningNewsWire
Austin, Texas
www.MiningNewsWire.com
512.354.7000 Office
Editor@MiningNewsWire.com

MiningNewsWire is powered byย IBN

Recent Quotes

View More
Symbol Price Change (%)
AMZN  222.54
+0.00 (0.00%)
AAPL  274.11
+0.00 (0.00%)
AMD  207.58
+0.00 (0.00%)
BAC  55.33
+0.00 (0.00%)
GOOG  309.32
+0.00 (0.00%)
META  647.51
+0.00 (0.00%)
MSFT  474.82
+0.00 (0.00%)
NVDA  176.29
+0.00 (0.00%)
ORCL  184.92
+0.00 (0.00%)
TSLA  475.31
+0.00 (0.00%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.

Gift this article