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Investing

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Perth, Australia (ABN Newswire) – Locksley Resources Limited (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) announced the successful completion of a heavily oversubscribed capital raising (‘Placement’), securing firm commitments to raise approximately A$17 million via a placement of new shares at A$0.24 per share to domestic and international professional and institutional investors. HIGHLIGHTS – A$17 million raised at A$0.24 per share through an oversubscribed placement to domestic and international institutional and sophisticated investors – Cornerstone U.S. institutional support provides strong strategic validation of Locksley’s role in advancing onshore supply of antimony and rare earths for U.S. national security and industrial supply chains – Strengthened balance sheet enables rapid progression of Locksley’s U.S. Mine to Market strategy while complementing ongoing engagement with federal funding and grant programs – Funding accelerates drilling, downstream technology development, and project execution, while deepening engagement with U.S. institutional partners and key government agencies – Locksley Investor Webinar – See link…