11:38 AM EST - Gentor Resources Inc. : announced that it has entered into an agreement with Savannah Resources plc to sell Gentor's properties in Oman to the Purchaser. The purchaser is an AIM-listed mineral exploration company. The Oman Sale is being effected by way of the sale to the Purchaser of all of Gentor's shares in Gentor's wholly-owned British Virgin Islands subsidiary, Gentor Resources Limited. The interests of Gentor in its properties in Oman are held through the said subsidiary. Gentor Resources Inc.
shares V.GNT are trading unchanged at $0.25.
