US EditionCanada's Robex greenlights $1.45 billion merger with Australia's Predictive Discovery
Robex shareholders approved the $1.45 billion merger with 94.54% support, creating a combined producer with projected 400,000 ounces annual gold output by 2029.
- On Dec. 30, 2025, Robex shareholders approved the statutory plan of arrangement for Predictive Discovery Limited to acquire all shares through 9548-5991 Quebec Inc.
- Earlier on December 21, Robex said the merger pairs Kiniero and Bankan projects, citing near-term cash flow from Kiniero and Nampala plus operational synergies from their 30 kilometres proximity.
- Under the amended arrangement agreement dated December 10, 2025, Robex shareholders will own approximately 46.5% of the combined company on a fully diluted basis.
- Pending TSXV approval and customary conditions, the deal remains subject to a Superior Court of Québec hearing, with shares falling earlier amid market concerns, said Greg Boland.
- The deal values Predictive at US$1.45-billion, with a market capitalisation around US$2.4-billion, LSEG data; Perseus Mining dropped its earlier US$1.4-billion offer as gold bullion rose over 60% this year.
13 Articles
13 Articles
Canada's Robex greenlights $1.45 billion merger with Australia's Predictive Discovery
Australia's Predictive Discovery said on Wednesday, shareholders of Canada's Robex Resources approved a A$2.17 billion ($1.45 billion) merger, paving the way to create a mid-tier gold producer in West Africa.
Globe Newswire
Robex Shareholders Approve PDI Merger
Robex Shareholders Approve PDI Merger...
Robex Resources First Gold and $2.17B Merger: Is It a Buy?
Robex Resources: First Gold Pour and $2.17B Merger Approved Robex Resources (ASX: RXR) has ticked off two major boxes that we believe transform its investment case. On December 21, the company poured the first gold at Kiniero in Guinea, on time and on budget. Nine days later, shareholders backed an A$2.17 billion merger with Predictive…
ASX gold stock tumbles on big merger news
Predictive Discovery Ltd (ASX: PDI) shares are ending the year on a disappointing note. In morning trade, the ASX gold stock is down 4% to 73.5 cents. Why is this ASX gold stock tumbling? Investors have been selling the gold miner's shares despite the release of an update on its proposed merger with Robex Resources (ASX: RXR). According to the release, Robex Resources shareholders have approved the merger of the two gold miners at a special meet…
Robex Shareholders Approve PDI Merger in Landmark Vote
Robex Resources Inc. shareholders have delivered an emphatic green light to a transformative merger with Predictive Discovery Limited, voting overwhelmingly to approve a deal that reshapes the gold mining landscape in West Africa. At a special meeting held Monday, investors backed the statutory plan of arrangement that will see Predictive, through its wholly owned subsidiary, acquire all issued and outstanding Robex shares under Québec corporate…
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