Trade Haven Hub - Investing and Stock News
  • Investment Tips
  • Trade Tips
  • Crypto News
  • Economy News
  • Stock Market
  • Investment Tips
  • Trade Tips
  • Crypto News
  • Economy News
  • Stock Market
No Result
View All Result
Trade Haven Hub - Investing and Stock News
No Result
View All Result
Home Trade Tips

Predictive Discovery and Robex Merge, Combining West African Gold Projects

admin by admin
October 9, 2025
in Trade Tips
0
Predictive Discovery and Robex Merge, Combining West African Gold Projects
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Australia-based Predictive Discovery (ASX:PDI) and Canadian company Robex Resources (ASX:RXR,TSXV:RBX,OTC Pink:RSRBF) have agreed on a merger of equals, creating West Africa’s new mid-tier gold producer.

In a joint announcement, the companies said that Predictive Discovery will indirectly acquire all of Robex Resources’ shares.

“(We expect) to issue an aggregate of approximately 2,115 million PDI shares to Robex shareholders, based on the Robex shares outstanding as at the date of this announcement,” Predictive Discovery said.

Under the AU$2.35 billion deal, Robex shareholders will receive 8.667 PDI shares for each Robex share.

Approximately 51 percent of the combined company will be held by PDI shareholders upon completion of the transaction, with the remaining 49 percent going to Robex shareholders.

Moreover, the combined company will remain listed on the ASX and an application to list PDI’s ordinary shares on the TSX Venture Exchange will be made.

Both companies highlighted that their West African gold assets, namely PDI’s Bankan project and Robex’s Kiniero project, are situated within a 30-kilometer radius.

Bankan currently holds a mineral resource of 5.5 million ounces across four deposits, while Kiniero is aiming for its first gold production in late 2025.

The projects hold a resource of approximately 9.5 million ounces gold, including ore reserves at around 4.5 million ounces gold. By 2029, the projected combined production is over 400 kilo ounces per annum.

“(These are) two of West Africa’s largest and most advanced gold development projects,” said PDI CEO and Managing Director Andrew Pardey. “By combining them and leveraging (both companies’) proven track record, we are creating a company that positions Guinea to become one of Africa’s top five gold producers.”

Robex CEO and Managing Director Matthew Wilcox will assume responsibility as CEO and managing director of the combined company.

“I am excited to lead a team that brings together deep operational experience, proven development expertise and a shared commitment to responsible growth in West Africa.”

Subject to customary conditions, the transaction is expected to close towards the end of 2025 or early 2026.

Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.


This post appeared first on investingnews.com
Previous Post

CHARBONE Hydrogen Successfully Completes the Dismantling of Hydrogen Equipment in Quebec and Announces the Arrival of the Main Components in Sorel-Tracy

Next Post

France Calls on EU to Give ESMA Direct Oversight of Major Crypto Firms

Next Post
France Calls on EU to Give ESMA Direct Oversight of Major Crypto Firms

France Calls on EU to Give ESMA Direct Oversight of Major Crypto Firms

  • Trending
  • Comments
  • Latest
Buy Bitcoin Under $100K Before The Next Bull Run

Buy Bitcoin Under $100K Before The Next Bull Run

April 22, 2025
Ben & Jerry’s co-founder resigns, claiming parent company Unilever ‘silenced’ its campaigning

Ben & Jerry’s co-founder resigns, claiming parent company Unilever ‘silenced’ its campaigning

September 18, 2025
Cruz clashes with Nigeria over his claims 50,000 Christians killed since 2009 in religious violence

Cruz clashes with Nigeria over his claims 50,000 Christians killed since 2009 in religious violence

October 7, 2025
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

March 20, 2025
Silver Price Surges Past US$51, Hits New Record

Silver Price Surges Past US$51, Hits New Record

0
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

0
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

0
Air Direct Capture – Reducing CO2 from the Atmosphere

Air Direct Capture – Reducing CO2 from the Atmosphere

0
Silver Price Surges Past US$51, Hits New Record

Silver Price Surges Past US$51, Hits New Record

October 9, 2025
Tudor Gold Sues BC, Seabridge Over Tunnel Rights in Golden Triangle

Tudor Gold Sues BC, Seabridge Over Tunnel Rights in Golden Triangle

October 9, 2025
CSE Bulletin: MOC Eligibility Update

CSE Bulletin: MOC Eligibility Update

October 9, 2025
Canadian Investment Regulatory Organization Trade Resumption – ANT

Canadian Investment Regulatory Organization Trade Resumption – ANT

October 9, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent News

    Silver Price Surges Past US$51, Hits New Record

    Silver Price Surges Past US$51, Hits New Record

    October 9, 2025
    Tudor Gold Sues BC, Seabridge Over Tunnel Rights in Golden Triangle

    Tudor Gold Sues BC, Seabridge Over Tunnel Rights in Golden Triangle

    October 9, 2025
    CSE Bulletin: MOC Eligibility Update

    CSE Bulletin: MOC Eligibility Update

    October 9, 2025
    Canadian Investment Regulatory Organization Trade Resumption – ANT

    Canadian Investment Regulatory Organization Trade Resumption – ANT

    October 9, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 tradehavenhub.com | All Rights Reserved

    No Result
    View All Result
    • Investment Tips
    • Trade Tips
    • Crypto News
    • Economy News
    • Stock Market

    Copyright © 2025 tradehavenhub.com | All Rights Reserved