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Robex board unanimously backs amended Predictive discovery merger

December 19, 2025 at 10:09 AM UTCBy FilingReader AI

Robex Resources Inc. has issued an addendum to its management information circular, detailing an amended arrangement agreement with Predictive Discovery Limited and Acquireco. Under the revised terms, Robex shareholders will receive 7.862 fully paid ordinary shares of Predictive for each Robex share held. This transaction, dated December 10, 2025, will result in existing Predictive shareholders and former Robex shareholders owning approximately 53.5% and 46.5%, respectively, of the combined company on a fully diluted in-the-money basis.

The Robex board, following a unanimous recommendation from its special committee and consultation with advisors, has unanimously determined that the amended arrangement is in the best interests of Robex and fair to shareholders from a financial point of view. They strongly recommend that shareholders vote FOR the arrangement resolution at the special meeting rescheduled for December 30, 2025. The deadline for depositing proxies has been extended to 5:00 p.m. (Eastern Time) on December 29, 2025.

The combination of Robex and Predictive is expected to create one of West Africa's leading gold producers, with projected production of +400koz Au by 2029 and combined mineral resources of approximately 9.5m oz Au. This includes 6.6m oz measured and indicated mineral resources and 2.9m oz inferred mineral resources. The transaction is anticipated to offer financial flexibility, operational synergies, an enhanced market profile, experienced leadership, and potential for a share price re-rate.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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