Locksley Resources (ASX: LKY) (FRA: X5L) (OTCMKTS: LKYRF) 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 Company’s strategy to develop a fully integrated U.S.-based mine-to-market critical minerals supply chain, with proceeds supporting downstream development 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, visit 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 develop DeepSolv
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.
For more information, visit https://locksleyresources.com.au/
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