tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Robex Wins Final Court Approval for Merger with Predictive Discovery

Story Highlights
  • Robex has secured final Québec court approval for its merger with Predictive Discovery via a statutory plan of arrangement.
  • The merger, strongly backed by Robex shareholders, now awaits Guinea and Mali consents and is expected to close in Q1 2026, reshaping its West African gold presence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Robex Wins Final Court Approval for Merger with Predictive Discovery

Claim 70% Off TipRanks Premium

The latest update is out from Predictive Discovery Limited ( (AU:PDI) ).

Robex Resources Inc. has obtained a final order from the Québec Superior Court approving its previously announced merger with Predictive Discovery Limited, under which a wholly owned subsidiary of Predictive will acquire all issued and outstanding Robex common shares via a statutory plan of arrangement. The deal, which received overwhelming shareholder support at a special meeting on 30 December 2025, remains subject to closing conditions including consents from the governments of Guinea and Mali and other customary approvals, with completion targeted for the first quarter of 2026, marking a significant step toward combining the companies’ West African gold portfolios and potentially reshaping their regional footprint for investors and host countries.

The most recent analyst rating on (AU:PDI) stock is a Hold with a A$0.79 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

Robex Resources Inc. is a Canadian gold mining company listed on the TSX Venture Exchange and ASX, headquartered in Quebec City. The company’s key assets are the producing Nampala gold project in Mali and the Kiniero gold project in Guinea, positioning Robex as a West Africa-focused gold producer and developer.

Average Trading Volume: 13,951,960

Technical Sentiment Signal: Buy

Current Market Cap: A$2.25B

For a thorough assessment of PDI stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1