Robex Obtains Final Court Approval for Plan of Arrangement
| Stock | Predictive Discovery Ltd (PDI.ASX) |
|---|---|
| Release Time | 14 Jan 2026, 9:01 a.m. |
| Price Sensitive | Yes |
Robex Obtains Final Court Approval for Plan of Arrangement
- Robex Resources Inc. has obtained final court approval for the plan of arrangement to be acquired by Predictive Discovery Limited
- The transaction remains subject to remaining closing conditions, including consents from governments of Guinea and Mali
- Completion of the merger is expected in Q1 2026
Robex Resources Inc. ('Robex') has announced that it has obtained a final order from the Quebec Superior Court (Commercial Division) approving the previously announced merger with Predictive Discovery Limited ('Predictive'). Under the plan of arrangement, Predictive, through its direct wholly-owned subsidiary, will acquire all of the issued and outstanding common shares of Robex. The receipt of the final orders follows Robex's special meeting of shareholders held on 30 December 2025, where the arrangement was overwhelmingly approved. The transaction remains subject to the remaining closing conditions, including consents of the Governments of Guinea and Mali and other customary closing conditions. Completion of the merger is expected to occur in Q1 2026. Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.