Locksley Resources Ltd Qualifies for Trading on U.S. OTCQX Best Market
Locksley Resources Limited (ASX: LKY) has successfully met the listing requirements of the OTC Markets Group’s OTCQX Best Market, the most prestigious tier of U.S. over‑the‑counter securities. The qualification was announced on 13 October 2025 by OTC Markets Group Inc. (OTCMKTS:OTCM) and subsequently reported by several financial news outlets, including The Sydney Morning Herald, Mining.com.au, Marketscreener.com, and ABN Newswire.
Key Details of the Qualification
| Item | Information |
|---|---|
| Company | Locksley Resources Limited (ASX: LKY) |
| New U.S. Symbol | LKYRF |
| Previous U.S. Listing | OTCQB Venture |
| U.S. Market | OTCQX Best Market (OTCMKTS:LKYRF) |
| Date of Qualification | 13 October 2025 |
| Primary Focus | Exploration and development of rare earths and antimony critical minerals in California and globally |
The company’s move to the OTCQX tier expands its investor reach beyond Australia, positioning it within a regulated U.S. market that requires higher reporting standards and a more robust corporate governance framework. The upgrade aligns with Locksley’s strategic emphasis on antimony and rare earths, which are essential components for technology, defense, and renewable‑energy applications.
Context and Strategic Implications
Locksley Resources is headquartered in Perth, Australia, and is listed on the ASX All Markets. Its core business involves providing exploration and mining services for copper, antimony, and rare earth projects. The company’s recent qualification for OTCQX is part of a broader effort to strengthen its presence in the United States and attract a wider base of institutional investors. The U.S. listing also supports the company’s ambition to capitalize on the growing demand for critical minerals amid global supply‑chain realignment.
In addition to the OTCQX qualification, Locksley has recently announced the appointment of former U.S. Major General Peter J. Lambert to its Advisory Board. Mr. Lambert brings over 30 years of experience in U.S. intelligence, defense, and technology, reinforcing the company’s leadership in America’s race for critical‑mineral independence.
Market and Investor Impact
- Liquidity Enhancement: Trading on OTCQX offers improved liquidity relative to the OTCQB Venture tier, potentially leading to tighter bid‑ask spreads and easier entry and exit for investors.
- Regulatory Compliance: OTCQX listing requires adherence to the OTC Markets Group’s “Best Market” standards, which include quarterly reporting, a minimum market capitalization of $2 million, and a requirement for the company to be audited by a public accounting firm. These standards are expected to increase transparency for shareholders.
- Strategic Positioning: The U.S. listing aligns with Locksley’s focus on antimony and rare earths, minerals that are critical for defense and renewable‑energy technologies. The company’s expansion into the U.S. market may enhance its ability to secure partnerships and contracts in these high‑value sectors.
Financial Snapshot
- ASX Closing Price (2025‑10‑09): AUD 0.50
- 52‑Week High (2025‑09‑21): AUD 0.69
- 52‑Week Low (2025‑01‑09): AUD 0.014
- Market Capitalisation: AUD 137,699,504
These figures reflect the company’s valuation prior to the U.S. OTCQX listing. The move to OTCQX may influence future price dynamics as the company gains access to a broader investor base.
Summary
Locksley Resources Ltd’s qualification for trading on the OTCQX Best Market marks a significant milestone in its international expansion strategy. The listing enhances liquidity, meets higher regulatory standards, and aligns with the company’s focus on antimony and rare earth critical minerals. Coupled with recent leadership appointments and a strengthened U.S. presence, Locksley positions itself to capitalize on the increasing demand for critical minerals in defense and renewable‑energy sectors.
