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Predictive Discovery Ltd (ASX:PDI)

ALERT: Price-sensitive ASX Announcement for PDI
Current share price for PDI : $0.630 -0.32 (-33.68%)+
Announcement
Release
9 Apr 2026 6:44PM
Price at Release
$0.950
Full Release
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Summary
Predictive Discovery Limited (PDI) and Robex Resources Inc. have announced the detailed timetable for implementing their merger. This transaction is structured as a statutory plan of arrangement under the Business Corporations Act of Quebec, Canada. The effective date is set for 15 April 2026, with Robex shareholders and CDI holders exchanging their shares for PDI shares at a ratio of 7.862 PDI shares per Robex share or CDI. Following the implementation, Robex shares will be delisted from the TSX Venture Exchange, and PDI will commence trading on the Toronto Stock Exchange. Tax relief measures are also being considered for Australian residents.
Key Points
  • Predictive Discovery Limited and Robex Resources Inc. merger to be implemented by 15 April 2026.
  • Robex shares will be exchanged for PDI shares at an exchange ratio of 7.862.
  • Robex shares to be delisted from the TSX Venture Exchange.
  • PDI will commence trading on the TSX post-implementation.
  • Tax relief for Australian residents under consideration.
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.