Oklo last traded at $0.235, providing an 88% gain. Shares are expected to be issued later this week.
The options provided the company with almost $3 million, and in addition to the recent $8.7 million share placement, Oklo's cash position has swelled to $14.5 million.
Oklo is therefore well placed to continue aggressive exploration campaigns over its gold projects in Mali, west Africa.
Exploration news pending
Simon Taylor, managing director, commented: "We eagerly await assay results from the recently completed diamond and air-core drilling programs at Seko, that mark the conclusion of Oklo’s very successful 2017 drilling campaign of over 100,000 metres prior to the onset of the wet season."
Currently, the Seko gold trends consist of five strong auger gold anomalies of up to 2.0 kilometres in length, with a combined strike length of over 7 kilometres.
Significant intersections include: 15 metres at 3.02 g/t gold, 18 metres at 2.01 g/t gold, 54 metres at 1.37 g/t gold and 24 metres at 2.02 g/t gold.
Seko lies within the Dandoko Project, which is located within the Kenieba Inlier of western Mali.
Dandoko is positioned 30 kilometres to the east of B2Gold’s 5.15 million ounce Fekola Project and 50 kilometres to the south-southeast of Randgold’s 12.5 million ounce Loulo Mine.