Mali focused Oklo Resources (ASX:OKU) is preparing to outline details of a capital raising / placement.
The ASX has granted the company a trading halt, with its shares placed in pre-open.
At the Dandoko project, fieldwork for a new season commenced in mid-December 2014, starting with clearance and earthworks in preparation for the IP geophysical program at the Disse, Diabarou and Selingouma prospects.
The halt will remain in place until the opening of trade on Thursday 5th March 2015, or earlier if an announcement is made to the market.