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An announcement from Predictive Discovery Limited ( (AU:PDI) ) is now available.
Predictive Discovery Limited and Robex Resources Inc. have confirmed the detailed timetable for their merger, which is being executed via a statutory plan of arrangement under Québec corporate law, with all conditions now satisfied and the transaction effective on 15 April 2026. Under the deal, each Robex share and CDI will be exchanged for 7.862 newly issued PDI shares, after which Robex securities will cease trading and investors will hold PDI stock instead.
Following completion, Robex shares are slated to be delisted from the TSX Venture Exchange and its CDIs removed from quotation on the ASX, while PDI will continue to trade on the ASX and commence trading on the TSX, broadening its access to North American capital. Robex has also sought an Australian class ruling on scrip-for-scrip CGT roll-over relief, which, if granted, may allow eligible Australian shareholders to defer capital gains tax on the share exchange, potentially easing the tax impact of the merger for investors.
The most recent analyst rating on (AU:PDI) stock is a Hold with a A$0.70 price target. To see the full list of analyst forecasts on Predictive Discovery Limited stock, see the AU:PDI Stock Forecast page.
More about Predictive Discovery Limited
Predictive Discovery Limited is an ASX-listed resources company, while Robex Resources Inc. is dual-listed on the ASX and TSX Venture Exchange, both operating in the mining sector. The merger will result in Robex shareholders and CDI holders becoming shareholders of Predictive Discovery, which will continue trading on the ASX and start trading on the Toronto Stock Exchange under the ticker PDI, consolidating the combined group’s capital market presence across Australia and Canada.
Average Trading Volume: 17,792,004
Technical Sentiment Signal: Buy
Current Market Cap: A$2.52B
See more data about PDI stock on TipRanks’ Stock Analysis page.