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Predictive Discovery Ltd (ASX:PDI)

ALERT: Price-sensitive ASX Announcement for PDI
Current share price for PDI : $0.675 -0.09 (-11.76%)+
Announcement
Release
31 Dec 2025 9:00AM
Price at Release
$0.765
Full Release
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Summary
Robex Resources Inc. shareholders have overwhelmingly approved a merger with Predictive Discovery Ltd, with 94.54% of votes in favor at a special meeting. This merger will combine two major West African gold projects, Bankan and Kiniero, and is expected to close in the first quarter of 2026, subject to key regulatory approvals. The combined entity aims to produce over 400,000 ounces of gold annually by 2029, reinforcing its position as a significant gold producer in the region.
Key Points
  • Robex shareholders voted 94.54% in favor of the merger with Predictive Discovery Limited at a special meeting.
  • The merger aims to consolidate the Bankan and Kiniero gold projects in West Africa.
  • The transaction is expected to close in the first quarter of 2026, pending regulatory approvals.
  • Post-merger, the combined company aims to produce over 400,000 ounces of gold per year by 2029.
  • The merger aligns with Predictive Discovery Ltd's strategy to become a leading gold producer in West Africa.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.