Receiving a Top‑Tier Proposal from Predictive Discovery Ltd.

12/02/2025 – 10:43 PM

QUEBEC CITY, Dec. 02, 2025 (GLOBE NEWSWIRE) — Robex Resources Inc. (“Robex”) disclosed that it has received formal notice from Predictive Discovery Limited (“PDI”) confirming that PDI’s board has classified an unsolicited offer from Perseus Mining Limited as a superior proposal under the arrangement agreement dated 5 October 2025.

Under the terms of that agreement, Robex is entitled to a five‑business‑day matching period during which it may present a competing offer of equal or greater value. The window opened today and will terminate at 11:59 p.m. EST on 10 December 2025 (12:59 p.m. AWST on 11 December 2025).

The board of directors is currently reviewing its strategic alternatives, which include pursuing a counter‑proposal, seeking alternative partners, or negotiating with Perseus to enhance deal terms.

Robex reaffirmed its commitment to act in the best interests of shareholders and said it will keep the market informed as developments arise. No action is required from shareholders at this stage.

This announcement was approved by the Managing Director.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

Analysis

Robex’s mineral assets, primarily located in the Abitibi greenstone belt, have attracted interest due to their high‑grade gold potential and proximity to existing processing infrastructure. Perseus Mining, a mid‑tier gold producer with a track record of integrating acquisitions, is positioning the bid as a strategic move to expand its footprint in North America.

Predictive Discovery’s assessment leverages proprietary data‑science models that evaluate target valuation, geological risk, and operational synergies. By classifying the Perseus offer as “superior,” PDI effectively triggers the matching clause, giving Robex leverage to negotiate a more favorable price or seek a white‑knight investor.

From a market perspective, the announcement is likely to generate short‑term volatility in Robex’s OTC shares. Investors will be watching for any indication of a counter‑proposal, which could lift the stock if the board successfully engineers a higher bid.

Technologically, both companies are investing in automation and real‑time ore‑grade monitoring. A combined operation could benefit from shared digital platforms, reducing extraction costs and improving reserve certainty. However, integration challenges—such as aligning drilling programs, environmental permits, and community relations—remain significant hurdles.

Overall, the five‑day matching period creates a dynamic window for value creation. The outcome will hinge on Robex’s ability to mobilize capital quickly, negotiate terms that reflect the true upside of its assets, and manage the operational complexities of a potential merger.