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Oklo Resources Ltd Receives Notice Of Initial Substantial Holder From Bank Of Nova Scotia

Oklo Resources Ltd's (ASX:OKU) has received a notice of initial substantial holder from the Bank of Nova Scotia.

The notice said the holder of the relevant interest is 1832 Asset Management L.P, manager of the Dynamic/Scotia Funds.

Oklo has recently been delivering some outstanding drill results from its Dandoko Project in western Mali.

The company has the potential to transform Dandoko into a multi-million ounce Fekola-like gold deposit, which lies 30 kilometres away.

Oklo recently raised funds from a $10 million oversubscribed placement, a considerable achievement for a company with a market cap. of just $25 million at the time.

Funds will accelerate exploration and therefore newsflow during 2016.

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