Robex Resources gets court approval for Predictive Discovery merger

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Robex Resources gets court approval for Predictive Discovery merger
Robex Resources gets court approval for Predictive Discovery merger
Isaac Francis
Written by Isaac Francis
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Robex Resources (ASX:RXR) has obtained final approval from the Québec Superior Court for its previously announced plan of arrangement with Predictive Discovery (ASX:PDI).

The court order authorises the merger under which Predictive, through a wholly owned subsidiary, will acquire all issued and outstanding common shares of Robex in accordance with the Business Corporations Act (Québec).

The approval follows Robex’s special shareholders' meeting held on Dec. 30, 2025, at which the arrangement was overwhelmingly endorsed.

The transaction remains subject to final closing conditions, including required consents from the governments of Guinea and Mali, and is expected to be completed in the first quarter of 2026.

At the time of reporting, Robex Resources' share price was $6.20.

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