Predictive Discovery Invests in Awalé Resources
Key points
- Predictive Discovery invests US$10 million in Awalé Resources
- PDI to hold approximately 12.3% of Awalé
- Investment to support Awalé's exploration in Côte d'Ivoire
Full summary
Predictive Discovery Limited (ASX:PDI, TSX:PDI) announced a US$10 million strategic investment in Awalé Resources Limited (TSXV:ARIC), acquiring a 12.3% stake. The investment will be used to advance exploration in Côte d'Ivoire, where Awalé holds a significant landholding. The investment is expected to close in late July 2026, subject to regulatory approvals. PDI will have participation and top-up rights, and certain information rights, with Awalé. The investment does not affect PDI's funding for its Bankan Gold Project in Guinea.
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