[x] If you include a FONTLOG file, it should conform to the guidelines in the OFL FAQ. http://scripts.sil.org/cms/scripts/page.php?site_id=nrsi&id=ofl-faq_web#916b09c6 However I am not sure these files are as useful as they were when the OFL was created, as a good README.md in a Github repo and a github repo history are maybe better. So I recommend removing the FONTLOG file you have, or, writing it to conform to the OFL FAQ example's format.
[x] Its a bit odd how README is duplicated with README.md - perhaps place it in a /release/ directory
/release/directory