Oklo Resources Ltds (ASX:OKU) non-executive chairman Mark Connelly has shown confidence in the company with the purchase of 150,000 ordinary fully paid shares.
These on-market purchases on November 1 and 4 in a direct interest were valued at a total of $21,000 and were the chairman's first in the West African gold explorer.
They follow the support demonstrated by managing director Simon Taylor on October 29 and 31 with transactions valuing more than $26,000 taking his overall holding to 5.46 million shares in indirect interests.
Strong demand for $6 million placement
In early September Oklo received firm commitments from sophisticated and institutional investors for a placement of more than 57 million shares at 10.5 cents each to raise gross proceeds of $6 million.
Strong demand for the placement Read More – Source
