US EditionReceipt of Superior Proposal From Predictive Discovery Limited - Robex Resources (OTC:RSRBF)
Perseus offers a binding A$37 million loan and a 0.1360 share exchange ratio, with Predictive’s board calling it a Superior Proposal to Robex's bid.
- On Dec. 03, 2025, Perseus Mining delivered a definitive binding offer to acquire all remaining Predictive Discovery Limited shares via an Australian scheme and offered a binding A$37 million loan facility available immediately.
- Perseus, already Predictive's largest shareholder with 17.8% stake, says the deal enhances its African gold platform and aims to de-risk the Bankan Gold Project, Guinea.
- Following the offer, Perseus notified Robex Resources Inc. and the five-business-day Robex matching period expiring December 10, 2025, has commenced, while Predictive's Board of Directors unanimously determined the Perseus Binding Offer is a `Superior Proposal` under the arrangement agreement dated October 5, 2025.
- Importantly, Perseus's offer is unconditional on further due diligence or financing, and the Scheme requires an independent expert's endorsement, regulatory approvals, and customary scheme conditions.
- Process risks include matching rights, exclusivity and potential reimbursement fees, as the Scheme Implementation Deed contains `no shop, no talk` provisions and may require a reimbursement fee if replaced, while Perseus said forward-looking statements face risks and may prove materially incorrect.
15 Articles
15 Articles
Receipt of Superior Proposal from Predictive Discovery Limited - Robex Resources (OTC:RSRBF)
QUEBEC CITY, Dec. 02, 2025 (GLOBE NEWSWIRE) -- Robex Resources Inc. ("Robex") advises that it has received formal notice from Predictive Discovery Limited ("PDI") that the PDI Board has determined an unsolicited proposal from Perseus Mining Limited constitutes a Superior Proposal under the terms of the Arrangement Agreement between Robex and PDI dated 5 October 2025. In accordance with the Arrangement Agreement, Robex has a five business day mat…
Perseus makes A$2.1bn swoop for Predictive Discovery
PERSEUS Mining sought to add the 292,000 ounce Bankan gold project in Guinea to its growing portfolio of African mines after proposing on Wednesday an all-share offer worth A$2.1bn ($1.4bn) for Predictive Discovery, the project’s backer. If the offer is a success, Perseus stands to become an 800,000 oz/year gold producer, excluding potential gold from Nyanzaga, a 3.16 million resource ounce project in Tanzania Perseus acquired last year. Perseus…
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