Gold explorer Apollo Consolidated has struck an agreement with Ibaera Capital Fund to divest of its 20% interest in the Bagoe and Liberty projects, in Cote d’Ivoire, for A$4.5-million.
The sales agreement was subject to fellow-listed Exore resoures not exercising its pre-emptive rights under the terms of existing joint venture agreements over the two project areas, or waiving those rights during a 30-day pre-emption period.