The company is well-funded with $8.2 million in cash.
() 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.
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