Merger Implementation Timetable

Open PDF
Stock Predictive Discovery Ltd (PDI.ASX)
Release Time 9 Apr 2026, 6:44 p.m.
Price Sensitive Yes
 Merger Implementation Timetable Announced
Key Points
  • Predictive Discovery and Robex Resources to merge
  • Robex shareholders to receive 7.862 PDI shares per Robex share
  • Robex shares and CDIs to be delisted and PDI shares to trade on ASX and TSX
Full Summary

Predictive Discovery Limited (ASX: PDI) and Robex Resources Inc. (ASX: RXR, TSX-V: RBX) have announced the detailed implementation timetable for the merger between the two companies. The transaction is being implemented through a statutory plan of arrangement in the Province of Québec, Canada, with an effective date scheduled for 15 April 2026. Under the terms of the arrangement, Robex shareholders and CDI holders will exchange their Robex shares or CDIs for newly issued PDI ordinary shares at a ratio of 7.862 PDI shares per Robex share or CDI. Following implementation, Robex shares are planned to be delisted from the TSX Venture Exchange, Robex CDIs are planned to be removed from quotation on the Australian Securities Exchange, and PDI will continue to trade on the ASX with trading on the Toronto Stock Exchange expected to commence shortly after. The announcement also provides details on the availability of scrip-for-scrip CGT roll-over relief for eligible Australian resident Robex shareholders.