Sign up Australia
Proactive Investors - Run By Investors For Investors

Oklo Resources chairman Michael Fotios snaps up shares on-market

The company is well-funded with $8.2 million in cash.
Oklo Resources chairman Michael Fotios snaps up shares on-market
Michael Fotios increased his stake

Oklo Resources (ASX:OKU) non-executive chairman, Michael Fotios, has increased his stake in the company through an on-market purchase.

Fotios increased his indirect stake with the purchase of 200,000 shares for a consideration of $27,000.

Through several investments, Fotios holds 4.2 million Oklo shares and 1 million unlisted options.

Oklo is focused on gold exploration in Mali, in a region which hosts multi-million ounce deposits.

News flow is set to increase as the 47,000 metre drilling program comes to a close.



Register here to be notified of future OKU Company articles
View full OKU profile View Profile

Oklo Resources Timeline

Related Articles

picture of electric car
June 19 2017
Finncap estimates the shares are worth 11p on a risked basis or more than double the current share price.
picture of coal mine infrastructure
May 11 2017
The focus is to add further royalties to the portfolio.
Danakali-Paul-Donaldson-MD-presenting-Melb-Feb-2017.jpg
February 24 2017
Paul Donaldson discussed with investors the Tier 1 Colluli Potash Project.

© Proactive Investors 2017

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use