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Apollo exits northern Cote d'Ivoire with Ibaera Capital sale

Australia-focused gold explorer Apollo Consolidated has sold its 20% stake in prospects in northern Cote d’Ivoire for US$4.5 million cash to private equity firm Ibaera Capital.

Apollo exits northern Cote d'Ivoire with Ibaera Capital sale Apollo exits northern Cote d'Ivoire with Ibaera Capital sale Apollo exits northern Cote d'Ivoire with Ibaera Capital sale Apollo exits northern Cote d'Ivoire with Ibaera Capital sale Apollo exits northern Cote d'Ivoire with Ibaera Capital sale

All roads for Apollo Consolidated head to Lake Rebecca in Western Australia

The deal to sell the Bagoe and Liberty prospects is contingent on the majority owner Exore Resources not exercising its pre-emptive rights.

Apollo, which started the current quarter with A$16.