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Highlights

  • Locksley Resources Limited listing on LKYRF expands its reach to U.S. capital markets.
  • The company gains OTCQB access amid growing U.S. demand for critical minerals.
  • Locksley Resources completes regulatory compliance for dual trading in Australia and the United States.
  • LKY shares closed 51.72% higher at AUD 0.088 per share on 26 June 2025.

Shares of Locksley Resources Limited (ASX:LYK) gained 51.72% on 26 June 2025 to close at AUD 0.0088 per share after the company announced that it has officially commenced trading on the U.S. The dual listing marks a step in the company’s strategy to improve engagement with North American investors, particularly as its flagship Mojave Project is in California.

Locksley Resources is an ASX-listed explorer primarily engaged in the development of rare earth and antimony assets. The company’s operations are anchored by the Mojave Project, which it sees as aligned with broader U.S. efforts to secure domestic sources of critical minerals.

With this OTCQB listing, Locksley’s shares are now accessible to a broader pool of U.S.-based investors. This move is expected to increase visibility for the company in the United States and simplify participation by both institutional and retail investors in a key market. The company emphasised that its capital structure remains unchanged, with its shares continuing to trade on the Australian Securities Exchange under the symbol “LKY.”

The OTCQB Venture Market, operated by OTC Markets Group, is a trading platform for early-stage and developing companies. For Locksley, listing on the OTCQB means its shares can now be traded in U.S. dollars during U.S. market hours, potentially easing access for North American investors and aligning the company's trading profile with the jurisdiction in which its flagship asset is based.

Locksley stated that it has completed all necessary regulatory steps required by the OTC Markets Group. This includes coordination with a U.S. market maker, compliance with SEC Rule 12g3-2(b), and the submission of disclosure documentation consistent with OTCQB standards.

The company’s decision to seek dual listing coincides with increasing U.S. policy focus on securing critical mineral supply chains, including rare earth elements and antimony. These materials are considered vital for applications ranging from renewable energy technologies to defense systems and semiconductor production. With the Mojave Project situated within the United States, Locksley’s exploration activities intersect with this strategic interest.

In a statement, Chairman Nathan Lude commented on the listing, noting that it supports the company’s broader objectives of aligning capital markets access with the geographical location of its core project. He added that the move is intended to improve visibility and accessibility for investors in a market where critical mineral development is receiving heightened attention.

The company also mentioned that it is observing increasing U.S. interest in downstream processing and supply chain partnerships related to critical minerals. By gaining an OTCQB listing, Locksley aims to position itself within these conversations, particularly as funding mechanisms and strategic alliances within the U.S. continue to evolve.