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Predictive Discovery Ltd (ASX:PDI)

ALERT: Price-sensitive ASX Announcement for PDI
Current share price for PDI : $0.620 -0.265 (-29.94%)+
Announcement
Release
14 Jan 2026 9:01AM
Price at Release
$0.885
Full Release
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Summary
Robex Resources Inc., a Canadian gold mining company listed on the TSX-V and ASX, announced it has obtained final court approval from the Québec Superior Court for its merger with Predictive Discovery Limited. This merger will be conducted through a statutory plan of arrangement under the Business Corporations Act (Québec), where Predictive's wholly-owned subsidiary will acquire all issued and outstanding Robex shares. The transaction received strong support from Robex shareholders at a special meeting held on 30 December 2025 and is expected to be completed in the first quarter of 2026, pending consents from the Governments of Guinea and Mali and other customary closing conditions. Robex's key properties include the Nampala Project in Mali and the Kiniero Project in Guinea.
Key Points
  • Robex obtained final court approval for the merger with Predictive Discovery Ltd.
  • The merger involves acquiring all issued shares of Robex by Predictive's subsidiary.
  • The transaction was approved by Robex shareholders on 30 December 2025.
  • Completion expected in Q1 2026, subject to government consents and conditions.
  • Robex's key projects are in Mali and Guinea.
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.