Robex Resources

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.

Robex Resources (RSRBF) has accelerated the expiry of its 2024 warrants to October 18, 2025, triggered by its share price exceeding C$3.50 for ten consecutive days. If all 57,759,921 outstanding warrants are exercised at C$2.55, Robex anticipates C$147.3 million in proceeds. These funds will support exploration at the Kiniero Gold Project, mine development, and corporate initiatives. First gold pour is expected in December 2025, with commercial production targeted for Q1 2026.