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America December 30, 2025 3 mins read

Robex Shareholders Approve PDI Merger in Landmark Vote

America ı By Rihem Akkouche

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Robex Shareholders Approve PDI Merger

Robex Resources Inc. shareholders have delivered an emphatic green light to a transformative merger with Predictive Discovery Limited, voting overwhelmingly to approve a deal that reshapes the gold mining landscape in West Africa.

At a special meeting held Monday, investors backed the statutory plan of arrangement that will see Predictive, through its wholly owned subsidiary, acquire all issued and outstanding Robex shares under Québec corporate law.

Overwhelming Support at Special Meeting

The arrangement resolution passed with 94.54% of votes cast in favor, far exceeding the two-thirds approval threshold required. Votes were counted from shareholders attending in person and by proxy, the company said. Full voting details will be filed on SEDAR+ under Robex’s public disclosures.

What Comes Next

The transaction still requires final approval from the Superior Court of Québec (Commercial Division), with a hearing scheduled for Jan. 13, 2026. Additional approvals from the TSX Venture Exchange, relevant government authorities and other customary conditions must also be secured.

If all hurdles are cleared, the merger is expected to close in the first quarter of 2026.

Amended Terms Shape the Combined Company

Under revised terms announced Dec. 10, 2025, Robex shareholders will receive 7.862 fully paid ordinary Predictive shares for each Robex share held. Once completed, Robex investors are expected to own about 46.5% of the combined entity on a fully diluted, in-the-money basis.

Building a West African Gold Powerhouse

The merger unites Robex’s Kiniero Project with Predictive’s Bankan Project, forging what the companies describe as one of the region’s leading gold producers. The combined portfolio is designed to deliver:

Scale, Growth and Financial Strength

Near-term cash flow from Kiniero and Nampala, along with warrant proceeds, is expected to support development at Bankan. Combined output is projected to exceed 400,000 ounces annually by 2029.

Operational Synergies

The geographic closeness of the projects is set to create a tier-one mining hub in Guinea.

Enhanced Market Profile

Greater scale and diversification could position the merged company for inclusion in major indices such as the ASX 200 and GDXJ.

Experienced Leadership

A reinforced management team brings deep in-country expertise and experience across dual-listed markets.

CEO Hails a Defining Moment

Robex Managing Director and CEO Matthew Wilcox called the shareholder vote a pivotal milestone, coming just days after the company achieved its first gold pour at Kiniero on Dec. 21.

“These two milestones show our ability to execute and accelerate growth,” Wilcox said, adding that the combined company is poised to build a tier-one gold mining hub in Guinea and generate meaningful returns for stakeholders.

Formalities and Disclosures

Detailed voting results, including proxies and total ballots cast, will be disclosed in line with ASX Listing Rule 3.13.2. The statutory arrangement involves Predictive’s indirect acquisition of Robex shares through 9548-5991 Quebec Inc., under an agreement dated Oct. 5, 2025, and amended Dec. 10, 2025.

Robex noted that the TSX Venture Exchange and its Regulation Services Provider do not accept responsibility for the accuracy of the announcement. The release was approved by the company’s managing director.

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Rihem Akkouche

Rihem Akkouche is a passionate journalist dedicated to shedding light on compelling stories, sparking conversations, and fostering a more informed world.

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