Exore weighs its options

Junior Exore Resources on Friday said it was weighing its options with regards to fellow-listed Apollo Minerals’ sale of its 20% interest in the Bagoe and Liberty projects, in Cote d’Ivoire, for A$4.5-million.

Exore, which holds the remaining 80% interest in the project and has a 30-day pre-emptive right over Apollo’s interest, said on Friday that it had received no formal notice from either Apollo or buyer Ibeara Capital Fund, prior to the announcement being made on Thursday.