Locksley Resources Secures A$17 Million in Oversubscribed Capital Raising for U.S. Critical Minerals Development

Locksley Resources Limited has successfully completed 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. The placement attracted participation from Australian, U.S., and international investors, with cornerstone involvement from established U.S. institutional investors demonstrating strong support for the company's strategic direction.

The capital raising was managed by Alpine Capital Pty Ltd. and Titan Partners Group, a division of American Capital Partners. The significant investor interest reflects growing confidence in Locksley Resources' approach to developing a fully integrated U.S.-based mine-to-market critical minerals supply chain. Proceeds from the placement will support downstream development objectives as the company advances its critical minerals strategy.

Locksley Resources is an Australian-based explorer focused on critical minerals development, with its primary U.S. asset being the Mojave Project in California. This project targets rare earth elements and antimony, specifically through the Desert Antimony Mine. The company's strategic focus aligns with increasing global demand for critical minerals essential for various technologies, including renewable energy systems, defense applications, and consumer electronics.

A key component of Locksley Resources' strategy involves its collaboration with Rice University to develop DeepSolv technology for domestic processing of North American antimony. This partnership represents a cornerstone of the company's U.S. Critical Minerals and Energy Resilience Strategy, which aims to accelerate mine-to-market deployment of antimony within the United States. The technology development could potentially reduce dependence on foreign sources for this critical mineral.

The successful capital raising occurs against a backdrop of increasing governmental and industrial focus on securing reliable critical minerals supply chains. The United States has identified several minerals, including rare earth elements and antimony, as critical to national security and economic prosperity. Locksley Resources' approach addresses multiple aspects of this challenge by combining exploration, processing technology development, and market deployment strategies.

For investors and industry observers, the oversubscribed nature of the capital raising suggests strong market confidence in both the company's specific projects and the broader critical minerals sector. The involvement of U.S. institutional investors particularly highlights growing recognition of the strategic importance of domestic critical minerals development. The funds will enable Locksley Resources to advance its Mojave Project while continuing its collaboration with Rice University on the DeepSolv processing technology.

The development has implications for multiple stakeholders, including investors seeking exposure to the critical minerals sector, industries dependent on these materials, and policymakers focused on supply chain resilience. As global competition for critical minerals intensifies, successful development of domestic sources and processing capabilities could have significant economic and strategic implications. More information about the company's activities is available at https://locksleyresources.com.au/.