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Centurion Minerals Ltd. (TSXV: CTN) (‘Centurion’, or the ‘Company’) wishes to announce that, further to its news releases dated October 22, 2025, and November 14, 2025, the Company intends to extend the closing of a second tranche of its non-brokered private placement.

The Company announced a first tranche closing of $207,500 on November 14 and it wishes to clarify that the finders’ warrants associated with the financing are non-transferable and have the same exercise price and expiry date as the subscribers warrants.

Each unit priced at $0.05 is comprised of one common share in the capital of the Company and one common share purchase warrant. Each warrant is exercisable into a common share for a period of 36 months at an exercise price of $0.08.

The financing is subject to final acceptance by the TSX Venture Exchange.

About Centurion Minerals Ltd.

Centurion Minerals Ltd. is a Canadian-based company with a focus on precious mineral asset exploration and development in the Americas.

‘David G. Tafel’
CEO and Director

For Further Information Contact:
David Tafel
604-484-2161

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding Forward-Looking Information
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as ‘intends’ or ‘anticipates’, or variations of such words and phrases or statements that certain actions, events or results ‘may’, ‘could’, ‘should’, ‘would’ or ‘occur’. This information and these statements, referred to herein as ‘forward‐looking statements’, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management’s expectations and intentions with respect to, among other things, the timing of Project approvals; the timing, terms and completion of any proposed private placement; the expected use of proceeds from the financing.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/277342

News Provided by Newsfile via QuoteMedia

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(TheNewswire)

Vancouver, British Columbia, December 8, 2025 TheNewswire – Prismo Metals Inc. (‘ Prismo ‘ or the ‘ Company ‘) (CSE: PRIZ,OTC:PMOMF) (OTCQB: PMOMF) is pleased to announce that it has continued out of the jurisdiction of Canada under the Canada Business Corporations Act into the provincial jurisdiction of British Columbia under the Business Corporations Act (British Columbia) (the ‘ BCBCA ‘). Shareholders approved the continuance at the Company’s annual general and special meeting of shareholders held on October 2, 2025.

In connection with the continuance, the Company has replaced its articles and bylaws with new notice of articles and articles, respectively, under the BCBCA. The CUSIP / ISIN numbers for the Company’s common shares and the stock symbol for the Company’s common shares remain unchanged.

About Prismo Metals Inc.

Prismo (CSE: PRIZ,OTC:PMOMF) is mining exploration company focused on advancing its Silver King, Ripsey and Hot Breccia projects in Arizona and its Palos Verdes silver project in Mexico.

Please follow @ PrismoMetals on , , , Instagram , and

Prismo Metals Inc.

1100 – 1111 Melville St., Vancouver, British Columbia V6E 3V6

Phone: (416) 361-0737

Contact:

Alain Lambert, Chief Executive Officer alain.lambert@prismometals.com

Gordon Aldcorn, President gordon.aldcorn@prismometals.com

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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Clem Chambers, CEO of aNewFN.com, shares his outlook for silver in 2026.

In his view, the white metal could rise as high as US$150 to US$160 per ounce.

Chambers also discusses his other areas of focus right now, including gold, as well as the defense industry and tech stocks like Intel (NASDAQ:INTC).

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

 

Congress released a $900 billion defense bill that reshapes U.S. economic and military competition with China by imposing new investment restrictions, banning a range of Chinese-made technologies from Pentagon supply chains, and expanding diplomatic and intelligence efforts to track Beijing’s global footprint. 

The legislation, which authorizes War Department spending at $8 billion above the White House’s request, includes a 4% pay raise for enlisted service members, expands counter-drone authorities, and directs new investments in the Golden Dome missile defense shield and nuclear modernization programs. 

It also extends Pentagon support to law enforcement operations at the southwest border and strengthens U.S. posture in the Indo-Pacific, including funding for Taiwan’s security cooperation program.

In a victory for conservative privacy hawks like House Judiciary Committee Chairman Jim Jordan, R-Ohio, the legislation includes a non-defense provision that would mandate FBI disclosure when the bureau was investigating presidential candidates and other candidates for federal office.

That measure was the subject of party in-fighting last week when Rep. Elise Stefanik, R-N.Y., whom Speaker Mike Johnson, R-La., had appointed chairwoman of House GOP leadership, publicly accused the speaker of kowtowing to Democrats and allowing that provision to be removed.

Johnson said he was blindsided by Stefanik’s anger and was unaware of her concerns when she had made them public.

Stefanik later claimed victory on X, stating the provision had been reinstated after a conversation between herself, Johnson and President Donald Trump. 

Coverage of in vitro fertilization (IVF) for military families, which became a flashpoint in recent days, is not included in the final NDAA. Neither are provisions preempting states from regulating AI or banning a U.S. central bank digital currency (CBDC). 

Republicans have pushed the CBDC prohibition as a privacy and civil-liberties measure, arguing that a government-issued digital dollar could give federal agencies the ability to monitor or restrict individual transactions. 

House aides said the anti-CBDC language became tied to a separate housing-policy package known as ‘Road to Housing,’ and the concessions required to keep both items together were unacceptable.

The bill also establishes a new ‘Artificial Intelligence Futures Steering Committee’ charged with producing long-range forecasts and policy recommendations for advanced AI systems, including artificial general intelligence.

The legislation takes aim at long-standing bottlenecks in the defense industrial base by authorizing new investment tools, expanding multi-year procurement for high-demand munitions and platforms, and overhauling portions of the acquisition system to speed the fielding of commercial and emerging technologies. 

Alongside those reforms, lawmakers approved new ‘right-to-repair’ style requirements that force contractors to provide the technical data the Pentagon needs to maintain and sustain major weapons systems—a change intended to reduce vendor lock-in and ease chronic maintenance delays across the fleet.

One major section of the bill establishes a far-reaching outbound investment screening system, requiring U.S. companies and investors to alert the Treasury Department when they back certain high-risk technologies in China or other ‘countries of concern.’ The measure gives Treasury the ability to block deals outright, forces detailed annual reporting to Congress, and grants new authorities to sanction foreign firms tied to China’s military or surveillance networks. Lawmakers cast the effort as a long-overdue step to keep U.S. capital from fueling Beijing’s development of dual-use technologies.

The bill also includes a procurement ban targeting biotechnology providers that would bar the Pentagon from contracting with Chinese genetic sequencing and biotech firms linked to the People’s Liberation Army or China’s security services. 

Additional sourcing prohibitions restrict the War Department from purchasing items such as advanced batteries, photovoltaic components, computer displays, and critical minerals originating from foreign entities of concern, further tightening U.S. supply chains away from China. They also require the department to phase out the use of Chinese-made computers, printers and other tech equipment.

Beyond economic measures, the NDAA directs the State Department to deploy a new cadre of Regional China Officers at U.S. diplomatic posts around the world, responsible for monitoring Chinese commercial, technological, and infrastructure activities across every major geographic region, including Beijing’s Belt and Road Initiative.

The NDAA contains several Israel-related provisions, including a directive for the Pentagon to avoid participating in international defense exhibitions that bar Israeli involvement. It authorizes funding for  Iron Dome, David’s Sling, and Arrow – the missile defense programs the U.S. operates with Isra

The bill also requires biennial reports comparing China’s global diplomatic presence to that of the United States. The Pentagon is separately directed to strengthen U.S. posture in the Indo-Pacific by extending the Pacific Deterrence Initiative and expanding cooperative training and industrial-base initiatives with regional allies, including Taiwan and the Philippines.

The legislation reauthorizes the Ukraine Security Assistance Initiative at $400 million per year for fiscal years 2026 and 2027. Congress will also require more frequent reporting on allied contributions to Ukraine to track how European partners support Kyiv.

The bill repeals two long-dormant war authorizations tied to earlier phases of U.S. military involvement in Iraq, while leaving the primary post-9/11 counterterrorism authority untouched. Lawmakers said the final text includes repeals of the 1991 Gulf War AUMF and the 2002 Iraq War AUMF, both of which successive administrations have said are no longer operationally necessary. The 1991 authorization approved the U.S.-led effort to expel Iraqi forces from Kuwait, and the 2002 authority permitted the invasion of Iraq under President George W. Bush.

Both parties have debated winding down these authorizations for years, arguing they no longer reflect current U.S. missions in the Middle East. Presidents from both parties, including Trump, have maintained that modern military operations in the region do not rely on either statute and that the commander in chief already holds sufficient Article II authority to defend U.S. personnel when required. Repeal also answers long-running concerns in Congress about outdated war authorities being used as secondary legal justifications for actions far from their original intent, such as the 2020 strike on Iranian Gen. Qassem Soleimani.

The NDAA does not touch the 2001 Authorization for Use of Military Force, which remains the central legal basis for U.S. counter-terror operations against al-Qaeda, ISIS, and associated groups. That post-9/11 statute continues to underpin nearly all active U.S. counter-terror missions worldwide.

House aides said leaders in their chamber hoped to consider the bill as soon as this week. It will first need to go through the House Rules Committee, the final gatekeepers before legislation gets a chamber-wide vote. It could hit that panel as early as Tuesday afternoon.

Then it will head for a vote in the Senate before reaching Trump’s desk for his signature.

This post appeared first on FOX NEWS

President Donald Trump spearheaded major changes to the Kennedy Center Honors ahead of the highly anticipated awards ceremony. 

Founded in 1978, the Kennedy Center Honors recognize a handful of performing artists every year for their lifetime contributions to culture. The Kennedy Center Honors, which are presented by the John F. Kennedy Center for the Performing Arts in Washington, D.C., are considered the nation’s top lifetime achievement award for the performing arts.

After returning to the White House in January, Trump, 79, became chairman of the Kennedy Center board and has since undertaken efforts to reshape the honors program — pushing for a glitzier, star-studded celebration. 

In August, Trump announced this year’s lineup of honorees, which included country legend George Strait, Hollywood star Sylvester Stallone, rock band KISS, Broadway icon Michael Crawford and Grammy Award-winning singer Gloria Gaynor.

‘The 48th Kennedy Center Honorees are outstanding people, incredible, we can’t wait… in a few short months since I became chairman of the board, the Kennedy Center, we’ve completely reversed the decline of this cherished national institution,’ he said in his speech.

From overhauling the honoree selection process to unveiling a new medallion, here’s a breakdown of how the Kennedy Center Honors have been revamped under Trump. 

Trump-led selection process 

Since the Kennedy Honors’ inception, the honorees were chosen by a bipartisan committee that worked with the Kennedy Center’s artistic staff, the Board of Trustees, external arts advisors, and the Center’s president and Honors team. 

While U.S. presidents have historically participated in the ceremonial aspects of the Honors including hosting a White House reception and attending the gala, they typically have not been directly involved in the selection process. 

However, Trump said he played a major role in choosing the 2025 honorees during an August event at the Kennedy Center to announce the recipients. 

Though there was a Special Honors Advisory Committee that made recommendations, Trump appeared to confirm that he made the final choices.

When reporters asked Trump how involved he was in selecting the 2025 honorees, he responded, ‘I was about 98% involved… they all came through me.’

‘I turned down plenty, they were too woke,’ he continued. ‘I had a couple of wokesters. No, we have great people. This is very different than it used to be.’

While taking aim at the state of Hollywood awards shows, Trump took a swipe at the Oscars.

‘Look at the Academy Awards — it gets lousy ratings now, it’s all woke,’ he said. ‘All they do is talk about how much they hate Trump, but nobody likes that. They don’t watch anymore…’

Trump concluded his ‘very long answer’ by saying he ‘was very involved’ in the selection of the Kennedy Center Honorees.

New medallion

For 47 years, the medallion received by the honorees had remained unchanged. The Honors medal hung from wide satin ribbon in five bright rainbow colors that formed a V-shape around the honoree’s neck. 

The gold circular medallion was shaped like a starburst and featured an abstract representation of the Kennedy Center building and was handmade by the same family for nearly five decades. Throughout the awards show’s history, the medallions were handmade by the Baturin’s, a Washington D.C.- based family of artisans and metalworkers. 

In a press release issued on Tuesday, the Kennedy Center announced that the medallions ‘have been re-imagined and donated by Tiffany & Co.’

‘As the first American high jewelry house, Tiffany & Co. has played a defining role in American luxury culture for nearly two centuries – making them the ideal collaborator to design the Honors medallion,’ the press release continued. 

‘The brand-new medallion features a gold disc etched on one side with a depiction of the Kennedy Center. The building is flanked by rainbow colors representing the breadth of the arts celebrated when receiving the Honor. The reverse side bears the Honorees’ names in script above the date of the Medallion Ceremony, December 6, 2025. The medallion hangs from a navy-blue ribbon, a color associated with dignity and tradition.’

Massive governance shake-up ahead of the Honors

n February, Trump announced a major shakeup of the Kennedy Center leadership. He revealed that he had decided to immediately fire multiple Kennedy Center board members appointed by former President Joe Biden and other prior trustees, including the chairman, and fill that role himself.

Trump claimed he and the former chair David Rubenstein along with the ousted board members ‘do not share [the same] vision for a Golden Age in Arts and Culture,’ according to his announcement on Truth Social.

‘We will soon announce a new Board, with an amazing Chairman, DONALD J. TRUMP!’ he added. 

Trump also criticized Kennedy Center programming, including drag shows, under the prior administration.

‘Just last year, the Kennedy Center featured Drag Shows specifically targeting our youth — THIS WILL STOP. The Kennedy Center is an American Jewel, and must reflect the brightest STARS on its stage from all across our Nation. For the Kennedy Center, THE BEST IS YET TO COME!’ Trump said on Truth Social. 

He later replaced the former members with 14 other members, including allies including second lady Usha Vance and ‘God Bless the USA’ singer Lee Greenwood. 

The new board elected Trump as chairman on Feb. 12. Trump dismissed long-serving Kennedy Center president Deborah Rutter and appointed his ally Ric Grenell – who became the U.S.’s first openly gay cabinet member under the first Trump administration when he served as acting director of national intelligence – as interim executive director amid the board overhaul. 

More mainstream-pop culture class of nominees 

The 2025 honorees including KISS, Gloria Gaynor, George Strait, Sylvester Stallone and Michael Crawford indicated a shift toward recognizing artists from more mainstream, pop culture fields rather than the cross-disciplinary lineups of prior years. 

During the first two decades after the Honors were founded, the recipients were mainly from the world of classical arts with some notable exceptions including actor James Cagney, actress Lucille Ball and film director Elia Kazan. 

In the mid-1990s, the Honors began expanding toward mainstream entertainment, honoring more pop musicians, rock artists, film and television actors and Broadway stars. The expansion accelerated through the 2000s and 2010s and into the 2020s.

In addition to mainstream artists, past honoree classes have always included representation from classical music, jazz, dance, opera or composition.  However, 2025’s lineup features no honoree from those disciplines, marking a first in modern program history.

The 2025 honorees chosen under Trump’s direction are entirely from rock, disco, country, film and Broadway.

In the Kennedy Honors Center’s August press release announcing the honorees, Grenell said, ‘For nearly half a century, this tradition has celebrated those whose voices and visions tell our nation’s story and share it with the world.’ ‘This year’s Honorees have left an indelible mark on our history, reminding us that the arts are for everyone.’

Trump will host the Honors 

At the August event to announce the honorees, Trump announced that he will host the Kennedy Center Honors gala, becoming the first president in history to host the event. 

‘I’ve been asked to host. I said, I’m the President of the United States. Are you fools asking me to do that? ‘Sir, you’ll get much higher ratings.’ I said ‘I don’t care. I’m President of the United States, I won’t do it.’ They said, ‘Please,” Trump told reporters.

Trump went on to say that his Chief of Staff Susie Wiles also asked him to host the Honors. 

‘I said, ‘OK, Susie, I’ll do it.’ That’s the power she’s got,’ he said. ‘So I have agreed to host. Do you believe what I have to do? And I didn’t want to do it, OK? They’re going to say, ‘He insisted.’ I did not insist, but I think it will be quite successful, actually.’ 

‘It’s been a long time. I used to host ‘The Apprentice’ finales and we did rather well with that,’ Trump added, referring to his long-running NBC reality competition show.

‘So I think we’re going to do very well, because we have some great honorees, some really great ones.’

During Trump’s first term, he and First Lady Melania Trump did not attend the Honors or host the traditional White House reception for the honorees.

In 2017, honorees including Norman Lear and dancer Carmen de Lavallade announced that they would not attend a White House reception hosted by Trump in protest.

The White House subsequently issued a statement that read: ‘The president and first lady have decided not to participate in this year’s activities to allow the honorees to celebrate without any political distraction.’

Trump and Melania also did not attend in 2018 and 2019. In 2020, the Honors were postponed due to the COVID-19 pandemic and instead took place in May 2021, with a revamped format including smaller, socially-distanced and virtual tributes.

The 48th Annual Kennedy Center Honors will take place on Dec. 7 at the Kennedy Center in Washington, D.C. and will air Dec. 23 on the CBS Television Network and on Paramount+

This post appeared first on FOX NEWS

Chechen leader Ramzan Kadyrov’s threats against Ukraine following a drone strike echo a 2022 plot to infiltrate Kyiv and target President Volodymyr Zelenskyy, a former Ukrainian government official has said.

The leader’s latest threat came after a Ukrainian drone reportedly struck a high-rise building near Kadyrov’s home in Grozny on Nov. 5.

The strike prompted the Chechen strongman to vow retaliation in an online video post, according to Reuters.

‘This new threat would just be another assassination threat for Zelenskyy. The Chechens are really serious about revenge,’ a former government official told Fox News Digital.

‘But in Kyiv they are not panicking about this like they were in 2022,’ the former official said under condition of anonymity.

‘Zelenskyy is now better protected, feels more powerful and is less fragile,’ they said.

The recent Ukrainian strike, reported by Reuters, hit the 28-story Grozny-City tower that sits roughly 830 meters from Kadyrov’s home.

Kadyrov, who is loyal to Russia, later allegedly confirmed the attack in a Telegram post, stating there were no casualties, but he condemned the strike as making ‘no tactical sense.’ 

He also warned that retaliation was imminent.

‘Starting tomorrow and in the course of the week, the Ukrainian fascists will be feeling a stern response,’ he threatened.

Unlike Ukraine’s strike, he added, ‘we will not be making a cowardly strike on peaceful targets,’ per Reuters.

Ukrainian attacks have hit sites in Chechnya before now, including a police barracks and a training academy. Chechen units were also deployed during Russia’s 2022 invasion and were among the Kremlin’s most loyal forces.

At the time of the 2022 invasion, the official said there was intense anxiety in Kyiv.

‘At the beginning of the large-scale invasion in 2022, Chechens were sent to Kyiv to murder top politicians,’ the former official said.

‘This included Volodymyr Zelenskyy and top politicians from the government and security services and Parliament, and many other agencies.

‘Zelenskyy and Yermak were very scared,’ they claimed. ‘They were calling from the office, asking some people in the military and security service to secure the metro station in Kyiv.’

The source said one metro station in Kyiv was a potential infiltration route for the Chechens into Zelenskyy’s presidential bunker.

At the time, the station in Kyiv that was deep underground and near the presidential bunker, was viewed as the most vulnerable entry route, the source said.

‘They were afraid that Chechens would get to the bunker through this metro station, but in the end the Chechens were killed before they reached Kyiv.

‘They tried to reach Kyiv, somehow downtown, somehow via the river, but it’s quite a complicated way to get there,’ the former official said.

Meanwhile, with the Nov. 5. Grozny strike landing so close to his home, Kadyrov, already one of Putin’s most aggressive enforcers, is signaling a harsher stance as attacks reach inside Russian territory.

The Moscow Times reported that the drone struck a building that houses regional government offices, including the Chechen Security Council and agencies connected to tourism and religious affairs.

Despite the rhetoric, the former Ukrainian official claimed Zelenskyy is unfazed this time around.

‘These days, Zelenskyy isn’t afraid of Kadyrov’s actions against him or the Ukrainian people. Zelenskyy is feeling very powerful right now,’ they added.

Fox News Digital has reached out to Zelenskyy’s office for comment.

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Perth, Australia (ABN Newswire) – Locksley Resources Limited (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) announced the successful completion of a heavily oversubscribed capital raising (‘Placement’), securing firm commitments to raise approximately A$17 million via a placement of new shares at A$0.24 per share to domestic and international professional and institutional investors.

HIGHLIGHTS

– A$17 million raised at A$0.24 per share through an oversubscribed placement to domestic and international institutional and sophisticated investors

– Cornerstone U.S. institutional support provides strong strategic validation of Locksley’s role in advancing onshore supply of antimony and rare earths for U.S. national security and industrial supply chains

– Strengthened balance sheet enables rapid progression of Locksley’s U.S. Mine to Market strategy while complementing ongoing engagement with federal funding and grant programs

– Funding accelerates drilling, downstream technology development, and project execution, while deepening engagement with U.S. institutional partners and key government agencies

– Locksley Investor Webinar – See link below

The Placement was led by well established U.S. institutional investors, providing a strong endorsement of Locksley’s strategy to deliver a fully integrated U.S. based ‘Mine to Market’ critical minerals supply chain. Their participation brings not only capital but aligned sector expertise and ongoing engagement that supports the Company’s downstream development objectives within the United States.

The raise was conducted under the Company’s refreshed placement capacity pursuant to ASX Listing Rules 7.1 and 7.1A, following shareholder approval at the Annual General Meeting held on 28 November 2025.
Strategic Execution Enabled by the Placement

Proceeds from the Placement will accelerate execution across the following:

– Rapid Advancement of drilling, assay programs and structural mapping to define mineralisation across the Mojave Project

– Acceleration of downstream processing and American-made conversion planning for antimony products

– Enhanced positioning for engagement with federal level funding initiatives, supporting Locksley’s role within the U.S. critical minerals ecosystem

– Accelerated progression toward first-mover status in restoring domestic U.S antimony supply, aligned with national security and industrial demand

– Continuous parallel execution of permitting, stakeholder engagement, engineering and project scheduling

Locksley Managing Director, Kerrie Matthews, commented:

‘The depth of support across both international and Australian institutional markets represents a strong validation of our strategic pathway. In particular, the strong level of U.S. participation aligns directly with our downstream ambitions and reinforces the commercial relevance of our development plan.

The involvement of leading U.S. institutional investors is more than capital allocation; it is a strategic endorsement of Locksley’s emerging role within the domestic U.S critical minerals sector. This support comes at a time when the U.S administration is emphasising critical minerals as a national security priority and seeking to reduce reliance on foreign-controlled processing capacity.

With this institutional backing, Locksley is positioned to advance its contribution to a U.S. based supply chain for antimony and rare earths.

Importantly, this funding allows us to execute at pace while continuing to progress federal engagement initiatives. The capital secures our ability to accelerate exploration, development planning, and downstream partnerships, unlocking the full potential of the Mojave Project.

We are delighted to welcome these new investors to the register and look forward to working with partners who can support our long-term growth agenda.’

Investor Webinar – U.S Development Progression & Execution Strategy

Locksley invites shareholders and investors to attend a live Investor Webinar to discuss recent milestones and provide an update on the advancement of its U.S Mine to Market execution pathway and upcoming development milestones.

ZOOM WEBINAR: TUESDAY, 9th DECEMBER 2025 at 1:00pm AEDT / 10:00am AWST
REGISTRATION LINK:
https://www.abnnewswire.net/lnk/85LT5VD6

Placement Details:

The Placement was managed by Alpine Capital Pty Ltd and Titan Partners Group, a division of American Capital Partners, acting as Joint Lead Managers.

Settlement of the Placement is expected to occur on or around 11 December 2025, with new shares to rank equally with existing fully paid ordinary shares. An Appendix 2A and cleansing notice will be released to the ASX in due course.

The Placement is structured under a single tranche comprising 70,833,334 new Securities to raise approximately A$17,000,000, conducted under the placement capacity of the Offer in accordance with ASX LR 7.1 & LR 7.1A.

About Locksley Resources Limited:

Locksley Resources Limited (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) is an ASX listed explorer focused on critical minerals in the United States of America. The Company is actively advancing exploration across two key assets: the Mojave Project in California, targeting rare earth elements (REEs) and antimony. Locksley Resources aims to generate shareholder value through strategic exploration, discovery and development in this highly prospective mineral region.

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 significant surface sample results, 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

Source:
Locksley Resources Limited

Contact:
Kerrie Matthews
Chief Executive Officer
Locksley Resources Limited
T: +61 8 9481 0389
Kerrie@locksleyresources.com.au

Jane Morgan
Investor and Media Relations
T: +61 (0) 405 555 618
jm@janemorganmanagement.com.au

News Provided by ABN Newswire via QuoteMedia

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