Robex Shareholders Approve PDI Merger
| Stock | Predictive Discovery Ltd (PDI.ASX) |
|---|---|
| Release Time | 31 Dec 2025, 8:34 a.m. |
| Price Sensitive | Yes |
Robex Shareholders Approve PDI Merger
- Scale, Growth and Financial Flexibility: Near-term cash flow from Kiniero and Nampala, as well as warrant proceeds to support Bankan development. Projected combined production of 400koz+ annually by 2029.
- Operational Synergies: Proximity of projects establishes a tier-1 mining hub in Guinea.
- Enhanced Market Profile: Increased scale and multi-asset nature position the combined company for potential inclusion in major indices (ASX 200, GDXJ).
Robex Resources Inc. ('Robex') is pleased to announce that at its special meeting of shareholders held on 30th December 2025, shareholders voted overwhelmingly (94.54% in favor) to approve the previously announced merger with Predictive Discovery Limited ('Predictive'). Under the amended arrangement agreement, Robex shareholders will receive 7.862 fully paid ordinary shares in Predictive for each Robex share held, resulting in Robex shareholders owning approximately 46.5% of the combined company on a fully diluted in-the-money basis. The merger creates one of West Africa's leading gold producers, combining Robex's Kiniero Project and Predictive's Bankan Project to deliver scale, growth, and financial flexibility. The combined company is projected to produce over 400,000 ounces of gold annually by 2029, benefiting from near-term cash flow from Kiniero and Nampala, as well as warrant proceeds to support Bankan development. The proximity of the projects also establishes a tier-1 mining hub in Guinea, creating operational synergies. The increased scale and multi-asset nature of the combined company position it for potential inclusion in major indices such as the ASX 200 and GDXJ. The strengthened management team, with proven in-country expertise and dual-listed experience, is ready to deliver meaningful returns for all stakeholders.
The merger creates one of West Africa's leading gold producers, combining Robex's Kiniero Project and Predictive's Bankan Project to deliver scale, growth, and financial flexibility. The combined company is projected to produce over 400,000 ounces of gold annually by 2029.