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Robex Resources Inc. (ASX:RXR)

ALERT: Price-sensitive ASX Announcement for RXR
Current share price for RXR : $7.230 -0.19 (-2.56%)+
Announcement
Release
9 Apr 2026 6:44PM
Price at Release
$7.420
Full Release
download
Summary
Predictive Discovery Limited (PDI) and Robex Resources Inc. (Robex) have announced the detailed implementation timetable for their merger, which will proceed through a statutory plan of arrangement in Québec, Canada. The merger conditions have been satisfied, allowing it to proceed unconditionally with an effective date set for 15 April 2026. Robex shareholders and CDI holders will exchange their shares for newly issued PDI ordinary shares at an exchange ratio of 7.862 PDI shares per Robex share. Post-implementation, Robex shares will be delisted from the TSX-V and removed from ASX, while PDI shares will continue trading on the ASX and commence trading on the TSX. The timetable includes key dates such as the last trading day for Robex CDIs on ASX being 10 April 2026, and the commencement of normal settlement trading of PDI shares on the ASX on 22 April 2026. A class ruling for Australian tax relief is being sought, and shareholders are advised to seek independent tax advice.
Key Points
  • Merger between Predictive Discovery Limited and Robex Resources Inc.
  • Implementation through statutory plan of arrangement in Québec, Canada
  • Effective date scheduled for 15 April 2026
  • Exchange ratio set at 7.862 PDI shares for each Robex share
  • Robex shares to be delisted from TSX-V and ASX
  • PDI shares to trade on ASX and commence trading on TSX
  • Key dates in the merger implementation timetable
  • Scrip-for-scrip CGT roll-over relief sought for Australian shareholders
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.