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Oklo Resources' managing director exercises options as gold streak continues at Seko

Oklo continues to intersect gold at the Seko Prospect in Mali.

Simon Taylor, managing director, Oklo Resources

Oklo Resources Ltd's (ASX:OKU) managing director, Simon Taylor, has increased his indirect stake in the company after exercising in-the-money options.

Taylor exercised 1,000,000 $0.10 options for a consideration of $100,000, and now holds an indirect stake of circa 4.2 million shares with several lines of options.

Shares in Oklo last traded at $0.34.

Oklo is currently drilling at the Seko Prospect within the Dandoko Project in Mali.

The phase I program will be completed by end of January 2018.

READ: Oklo Resources continues run of high-grade gold results at Seko prospect in Mali

Quick facts: Oklo Resources Ltd

Price: 0.295 AUD

Market: ASX
Market Cap: $139.33 m

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Oklo Resources has 'pipeline of projects' and 'soon to have 7 drill rigs going'

Oklo Resources Ltd (ASX:OKU) managing director and chief executive Simon Taylor tells Proactive Investors that the Mali-focused gold explorer and developer will have 7 rigs spinning on two of its projects by next week. Plenty of news flow is expected in the short term on the Dandoko...

on 12/3/19

2 min read