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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.

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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: 0.125 AUD

ASX:OKU
Market: ASX
Market Cap: $51.6 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