Initial Public Offering
Locksley is intending to conduct an Intial Public Offering
Q2 2021the date
Raising $5,000,000(before costs) via the issue of 25,000,000 fully paid ordinary shares.
$0.20 per Shareat an issue price
Allocation of funds
Exploration at the Tottenham Project
Directors’ fees
Future acquisition costs
Estimated expenses of the Offer
General administration fees and working capital
Total
Shares on issue at the date of this Prospectus
Shares to be issued under the Offer
Shares to be issued to the Vendors under the Acquisition Agreement
Total Shares on issue on completion of the offer
Options on issue at the date of this Prospectus
Options to be issued to the Vendors under the Acquisition Agreement
Market Capitalisation on completion of the Offer (undiluted)
Year 1
$1,465,000
$340,000
$-
$580,000
$600,000
$3,185,000
Year 2
$868,000
$340,000
$200,000
$-
$600,000
$2,008,000
IPO Subscription
($5,000,000 @$0.20)
11,000,001
25,000,000
20,000,000
56,000,001
4,000,000
5,000,000
$11,200,000
Strong asset base
with exploration target at Carolina and Mount Royal deposits of:
Investment Highlights
Immediate exploratation drilling program planned
following IPO to extend and upgrade resource to JORC 2021 standards
ASX Listing project in Q2 2021,
bringing greater access to capital markets
Significant exploration potential
following IPO to extend and upgrade resource to JORC 2021 standards
Motivated board and management team
with a track record of discovery and corporate success
Investment Highlights
Immediate exploratation drilling program planned
following IPO to extend and upgrade resource to JORC 2021 standards
ASX Listing project in Q2 2021,
bringing greater access to capital markets
Significant exploration potential
following IPO to extend and upgrade resource to JORC 2021 standards
Motivated board and management team
with a track record of discovery and corporate successStrong asset base
with exploration target at Carolina and Mount Royal deposits of: