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

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/

About MiningNewsWire

MiningNewsWire (“MNW”) 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 the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored 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 today’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 “BigHole” to 888-902-4192 (U.S. Mobile Phones Only)

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

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

MiningNewsWire is powered by IBN