Oklo Resources: Raises $10M for West Mali exploration
- Gold explorer Oklo Resources (OKU) has received firm commitments to undertake a $10 million placement
- This announcement comes days after the company also requested a trading halt
- 31.25 million fully paid ordinary shares will now issued to sophisticated and institutional investors at 32 cents each
- Oklo will primarily also use the money to continue exploration at its existing projects in West Mali
- This upcoming drilling program scheduled to begin in late September or early October and results will announced once analysed
- Oklo is down 5.63 per cent on the market and shares are trading for 33.5 cents each at 4:05 pm AEST
