Robex Resources Amends Acquisition Agreement with Predictive Discovery

Robex Resources ( (TSE:RBX) ) just unveiled an update.

Robex Resources Inc. has filed an addendum to its management information circular to provide details about an amended arrangement agreement with Predictive Discovery Limited. This agreement involves the acquisition of all Robex’s common shares by a wholly-owned subsidiary of Predictive. The board of Robex has recommended shareholders vote in favor of the arrangement, considering it financially fair and in the company’s best interests. The special meeting for shareholders to vote on this transaction has been postponed to December 30, 2025, allowing additional time for proxy submissions.

The most recent analyst rating on (TSE:RBX) stock is a Hold with a C$5.00 price target. To see the full list of analyst forecasts on Robex Resources stock, see the TSE:RBX Stock Forecast page.

Spark’s Take on TSE:RBX Stock

According to Spark, TipRanks’ AI Analyst, TSE:RBX is a Neutral.

Robex Resources’ overall score is driven by positive corporate events and technical analysis, offset by weak financial performance and valuation. The merger and project developments are significant positives, while profitability and cash flow challenges remain key risks.

To see Spark’s full report on TSE:RBX stock, click here.

More about Robex Resources

Robex Resources Inc. operates in the mining industry, focusing on the exploration and development of mineral resources. The company is listed on the TSX Venture Exchange and the Australian Securities Exchange, with a market focus on expanding its resource base through strategic acquisitions and partnerships.

Average Trading Volume: 67,935

Technical Sentiment Signal: Buy

Current Market Cap: C$1.11B

See more insights into RBX stock on TipRanks’ Stock Analysis page.