Predictive Discovery
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Robex Files Addendum to Information Circular Regarding Amendment to Arrangement Agreement with Predictive Discovery
Robex Resources filed an addendum revising its statutory plan of arrangement with Predictive Discovery. The amended exchange ratio is 7.862 Predictive shares per Robex share, giving former Robex shareholders about 46.5 % of the combined entity and Predictive shareholders roughly 53.5 % on a fully‑diluted basis. The pro‑forma market capitalisation is A$1.252 billion with 5.09 billion securities and accumulated losses of A$125.4 million (June 30 2025). The special shareholders’ meeting is now set for December 30 2025; proxy and CDI voting deadlines are December 29 and December 28, respectively.
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Predictive Discovery and Robex to Merge in Deal of Equals
Predictive Discovery (PDI) and Robex Resources announced a merger on October 5, 2025, aiming to create a West Africa-focused gold producer. Robex shareholders will receive 8.667 PDI shares per Robex share. The combined company targets >400kozpa Au production by 2029, with Mineral Resources ≈9.5Moz Au and Ore Reserves ≈4.5Moz Au, implying a market cap of ~A$2,350m. The deal, expected to close in December 2025 or early 2026, requires approvals from the court, TSX-V, and Robex shareholders.