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Predictive Discovery Limited ( (AU:PDI) ) has provided an announcement.
Predictive Discovery and Robex Resources have confirmed that their previously announced merger is now unconditional, with implementation expected around 15 April 2026. The deal will see Robex shareholders receive 7.862 Predictive shares for each Robex share or CDI and will result in Predictive securing a conditional listing on the Toronto Stock Exchange.
The combined company will form a major West African gold producer targeting more than 400,000 ounces of annual output by 2029, underpinned by the Bankan and Kiniero projects. Management emphasises a stronger balance sheet, financing synergies and a clear funding pathway for Bankan that avoids additional equity or project finance debt, while also highlighting government support in Guinea and a leadership team with proven mine-building expertise in the region.
The transaction is being implemented via a statutory plan of arrangement in Québec, with key regulatory approval secured from Guinea’s Minister of Mines and Geology and the outside date extended to 30 April 2026. Post-implementation, the combined board will be led by incoming Non-Executive Chairman Andrew Pardey and CEO and Managing Director Matthew Wilcox, reflecting an integrated leadership structure designed to drive disciplined, sustainable growth.
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 gold exploration and development company focused on West Africa, notably the tier-one Bankan Project in Guinea. Robex Resources is a gold producer with assets including the Kiniero Project, and the merged group aims to become a leading West African gold miner with a strong development and production pipeline.
Average Trading Volume: 17,931,252
Technical Sentiment Signal: Buy
Current Market Cap: A$2.2B
For a thorough assessment of PDI stock, go to TipRanks’ Stock Analysis page.