Robex Resources (RBX-V) and Predictive Discovery (PDI-ASX) Oct 5, '25 Merger of Equals money.tmx.com
Creates West Africa's next mid-tier gold producer by combining two of the continent's largest, lowest-cost, and most advanced projects.
Combined production expected to exceed 400kozpa Au 1 by 2029.
Combined Mineral Resources of approximately 9.5Moz Au 2 inclusive of Ore Reserves 3 of approximately 4.5Moz Au 4 with significant exploration upside potential.
Transaction will drive economic growth in Guinea, strengthen local labour force, enhance critical infrastructure and services, and build lasting local partnerships.
Development funding for PDI's Bankan project (the "Bankan Project") will be significantly de-risked by leveraging cash flows from Robex's Kiniero project (the "Kiniero Project") and the ongoing exercise of Robex's in-the-money warrants and options.
Combined leadership team, led by Andrew Pardey as Non-Executive Chairman and Matthew Wilcox as CEO and Managing Director, possesses a proven in-country track record and skill set to develop and operate the combined portfolio.
Tier-1 mining hub in Guinea established by proximity of PDI's Bankan Project and Robex's Kiniero Project, located within a 30km radius of each other.
Enhanced scale, multi-asset portfolio and proposed dual listing will boost the combined company's capital markets profile, paving the way for a potential share price re-rate.
All directors and certain executive officers of Robex, as well as two of Robex's largest shareholders, which collectively own approximately 25.5% of Robex's outstanding common shares ("Robex Shares"), have entered into voting support agreements with PDI (as defined below). |
