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Predictive Discovery Ltd (ASX:PDI)

ALERT: Price-sensitive ASX Announcement for PDI
Current share price for PDI : $0.705 -0.15 (-17.54%)+
Announcement
Release
8 Apr 2026 8:21AM
Price at Release
$0.855
Full Release
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Summary
Predictive Discovery Ltd (PDI) and Robex Resources Inc. have announced that their merger is proceeding to implementation, with an expected effective date around 15 April 2026. The merger is now unconditional, creating a leading West African gold company with a portfolio of high-quality assets and a strengthened balance sheet. The merger aims to produce more than 400,000 ounces of gold per annum by 2029, with significant financing synergies and enhanced financial capacity. PDI has been conditionally approved for listing on the Toronto Stock Exchange. The merger is implemented via a statutory plan of arrangement under Québec law, with all conditions precedent satisfied, including in-principle approval from the Minister of Mines and Geology in Guinea.
Key Points
  • Predictive Discovery Ltd and Robex Resources Inc. merger proceeding to implementation.
  • Effective date expected around 15 April 2026.
  • Merger creates a leading West African gold company.
  • Targeting production of more than 400,000 ounces of gold per annum by 2029.
  • Merger brings together a portfolio of high-quality gold assets.
  • PDI conditionally approved for listing on the Toronto Stock Exchange.
  • Implemented by a statutory plan of arrangement under Québec law.
  • All conditions precedent satisfied, including approval from the Minister of Mines and Geology in 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.