Locksley Strengthens U.S. Defense Supply Chain Strategy with Appointment of Lockhead Martin Materials Leader to Advisory Board

Locksley Resources (ASX: LKY; OTCQX: LKYRF) appointed Stacy Newstead as Strategic Advisor — Materials Strategy on Nov. 24, 2025.

Rhea-AI Summary

Locksley Resources (ASX: LKY; OTCQX: LKYRF) appointed Stacy Newstead as Strategic Advisor — Materials Strategy on Nov. 24, 2025.

Newstead brings 20+ years of U.S. government, defense and industrial materials experience, currently serving as Materials Strategy and Risk Manager at Lockheed Martin and previously holding senior roles at Huntington Ingalls, Textron Systems and Evolution Energy Minerals. Management says her experience will help engage U.S. partners and access federal programs supporting domestic critical mineral supply chains.

Locksley is advancing the Mojave Project in California targeting rare earths and antimony and pursuing a mine-to-market strategy with downstream technology partnerships.

Positive

• Appointment dated Nov 24, 2025 of Stacy Newstead to advisory board
• 20+ years of defense and materials supply‑chain experience added to leadership
• Expected to strengthen engagement with U.S. partners and federal programs
• Supports Locksley’s mine-to-market strategy for antimony and rare earths at Mojave Project

Negative

• None.

Argus Nov 24 session

-2.65% close to close Open Argus

Details

News Market Reaction – LKYRF

On Nov 24, the day this news came out, LKYRF closed 2.65% below the previous close.

Data tracked by StockTitan Argus for the Nov 24 session.

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SAN BERNARDINO, Calif., Nov. 24, 2025 /PRNewswire/ -- Locksley Resources Ltd. (ASX: LKY; OTCQX: LKYRF) announced the company has appointed Stacy Newstead to its advisory board as Strategic Advisor-Materials Strategy.

Ms. Newstead brings more than 20 years of experience across U.S. government, defense and industrial sectors. She currently serves as Materials Strategy and Risk Manager at Lockheed Martin, where she leads initiatives to secure domestic and allied sources of key materials vital to U.S. defense manufacturing and national security. Her work focuses on assessing and mitigating material pricing and geopolitical risk across supply chains that underpin critical technologies including munitions, batteries, and aerospace systems. Her prior roles include senior program leadership at Huntington Ingalls Industries and Textron Systems, as well as CEO of the U.S. subsidiary of Evolution Energy Minerals, where she led onshoring initiatives for graphite and advanced battery materials. More information can be found here:  https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03026929-6A1298599&v=undefined.

"Stacy's appointment strengthens Locksley's ability to engage with U.S. partners and access federal programs supporting domestic critical mineral supply chains," said Kerrie Matthews, Locksley CEO. "Her deep understanding of defense material supply chains, coupled with her leadership at Lockheed Martin, brings exceptional strategic value to Locksley as we advance our mine-to-market development of American sourced antimony and rare earths."

Matthews added that Newstead's perspective on material security and risk is expected to help guide engagement with U.S. industry and government stakeholders as Locksley scales from pilot to commercial operations.

Locksley Resources (https://www.locksleyresources.com.au) is focused on critical minerals in the U.S. The company is actively advancing the Mojave Project in California, targeting rare earth elements (REEs) and antimony. Locksley is executing a mine-to-market strategy for antimony, aimed at reestablishing domestic supply chains for critical materials, underpinned by strategic downstream technology partnerships with leading U.S. research institutions and industry partners. This targeted approach, combined with resource development with innovative processing and separation technologies, positions Locksley to play a key role in advancing U.S. critical materials independence.

Contact: Beverly Jedynak, beverly.jedynak@viriathus.com, 312-943-1123; 773-350-5793 (cell)

View original content:https://www.prnewswire.com/news-releases/locksley-strengthens-us-defense-supply-chain-strategy-with-appointment-of-lockhead-martin-materials-leader-to-advisory-board-302624138.html

SOURCE Locksley Resources

FAQ

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Who did Locksley appoint to its advisory board on Nov 24, 2025 (LKYRF)?

Locksley appointed Stacy Newstead as Strategic Advisor — Materials Strategy on Nov 24, 2025.

What experience does Stacy Newstead bring to Locksley (LKYRF)?

She has 20+ years in U.S. government, defense and industrial materials roles and is Materials Strategy and Risk Manager at Lockheed Martin.

How will Newstead’s appointment affect Locksley’s U.S. defense supply chain efforts (LKYRF)?

Management says her background will help engage U.S. partners and access federal programs supporting domestic critical mineral supply chains.

What projects is Locksley advancing after the advisory appointment (LKYRF)?

Locksley is actively advancing the Mojave Project in California targeting rare earth elements and antimony.

What is Locksley’s strategic focus mentioned alongside the appointment (LKYRF)?

The company is pursuing a mine-to-market strategy for antimony and forming downstream technology partnerships in the U.S.

Where can investors find more information about Locksley’s appointment and projects (LKYRF)?

Company information including the Mojave Project and the advisory appointment is available on Locksley’s website and the company announcement dated Nov 24, 2025.