LOCKSLEY RESOURCES LIMITED — Capital/Financing Update 2025

Jun 25, 2025

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----- Start of picture text ----- ASX RELEASE26 June 2025LOCKSLEY RESOURCES LIMITEDACN 629 672 144Level 8, London House 216 StGeorges TerracePerth Western Australia 6000Tel: +61 (08) 9481 0389Facsimile: +61 (08) 9463 6103CONTACTMr Nathan LudeNon-Executive ChairpersonTel: +61 8 9481 0389DIRECTORSNathan LudeStephen WoodhamJulian WoodcockBevan TarrattTICKERASX: LKYSHARES ON ISSUE183,333,330----- End of picture text -----

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INVESTOR UPDATE

LOCKSLEY COMPLETES OTCQB LISTING TO EXPAND U.S. MARKET PRESENCE

Locksley Resources Limited ( ASX: LKY ) (“ Locksley ” or “the Company ”) is pleased to advise that it has successfully completed its listing on the OTCQB “Venture Market” in the United States under the ticker symbol “LKYRF” .

The OTCQB listing enables Locksley to broaden its exposure to North American investors, providing enhanced access to a deeper pool of capital and aligning the Company more closely with its flagship Mojave Project located in California. The listing is part of a broader strategy to advance Locksley’s critical minerals focus within a U.S. jurisdiction which is increasingly prioritising domestic rare earth and antimony supply chains.

The OTCQB platform offers improved liquidity and transparency for U.S. based investors and allows Locksley shares to be traded in U.S. dollars during U.S. market hours. This milestone coincides with accelerating engagement in the United States around downstream processing, strategic partnerships and funding pathways tied to critical mineral development.

The Company has successfully completed all regulatory steps required by OTC Markets Group, including market maker coordination, compliance with Rule 12g3-2(b), and submission of required disclosure documentation.

Locksley’s shares now trade on the OTCQB under the symbol “LKYRF” and continue to trade on the ASX under the ASX ticker “LKY”. There is no change to the Company’s capital structure.

Nathan Lude, Chairman of Locksley Resources, commented

"The successful listing on the OTCQB represents a major step forward in our U.S. engagement strategy. With our Mojave Project located in California and aligned with U.S. critical minerals priorities, this listing allows us to broaden our investor base and improve visibility in a market where our assets hold strategic relevance. We look forward to building relationships with U.S. institutional and retail investors while continuing to deliver progress on the ground."

www.locksleyresources.com.au

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For further information, please contact:

Nathan Lude

Chairman

Locksley Resources Limited

• T: +61 8 9481 0389

This announcement has been authorised for release by the Board of Directors of Locksley Resources.

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----- Start of picture text ----- ASX RELEASE26 June 2025LOCKSLEY RESOURCES LIMITEDACN 629 672 144Level 8, London House 216 StGeorges TerracePerth Western Australia 6000Tel: +61 (08) 9481 0389Facsimile: +61 (08) 9463 6103CONTACTMr Nathan LudeNon-Executive ChairpersonTel: +61 8 9481 0389DIRECTORSNathan LudeStephen WoodhamJulian WoodcockBevan TarrattTICKERASX: LKYSHARES ON ISSUE183,333,330----- End of picture text -----

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About Locksley Resources Limited

Locksley Resources Limited is an ASX listed explorer focused on critical minerals and base metals, with assets in both the United States of America and Australia. The Company is actively advancing exploration across two key assets: the Mojave Project in California, targeting rare earth elements (REEs) and antimony, alongside the Tottenham Copper-Gold Project in New South Wales. Locksley Resources aims to generate shareholder value through strategic exploration, discovery and development in highly prospective mineral regions.

Mojave Project

Located in the Mojave Desert, California, the Mojave Project comprises over 250 claims across two contiguous prospect areas, namely, the North Block/Northeast Block and the El Campo Prospect. The North Block directly abuts claims held by MP Materials, while El Campo lies along strike of the Mountain Pass Mine and is enveloped by MP Materials’ claims, highlighting the strong geological continuity and exploration potential of the project area.

In addition to rare earths, the Mojave Project hosts the historic “Desert Antimony Mine”, which last operated in 1937. Despite the United States currently having no domestic antimony production, demand for the metal remains high due to its essential role in defense systems, semiconductors, and metal alloys. With surface samples grading up to 46% Sb as well as silver up to 1,022 g/t Ag, the Desert Mine prospect represents one of the highest-grade known antimony occurrences in the U.S.

Locksley’s North American position is further strengthened by rising geopolitical urgency to diversify supply chains away from China, the global leader in both REE & antimony production. With its maiden drilling program planned, the Mojave Project is uniquely positioned to align with U.S. strategic objectives around critical mineral independence and economic security.

Tottenham Project

Locksley’s Australian portfolio comprises the advanced Tottenham Copper-Gold Project in New South Wales, focused on VMS-style mineralisation in a wellestablished mining region.

Locksley is committed to delivering value through discovery, development, and strategic partnerships, with a focus on securing access to U.S. aligned funding and downstream collaborations.

www.locksleyresources.com.au

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MOJAVE PROJECT – Location of the Mojave Project Blocks in south-eastern California, USA

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