15:10:03 EDT Thu 09 Apr 2026
Enter Symbol
or Name
USA
CA



Robex Resources Inc (2)
Symbol RBX
Shares Issued 276,433,803
Close 2026-04-08 C$ 6.99
Market Cap C$ 1,932,272,283
Recent Sedar+ Documents

Robex merger with PDI set to close April 15

2026-04-09 11:52 ET - News Release

Mr. Andrew Pardey reports

MERGER IMPLEMENTATION TIMETABLE

Predictive Discovery Ltd. and Robex Resources Inc. have detailed their implementation timetable for the merger between the companies.

The transaction is being implemented by way of a statutory plan of arrangement in the province of Quebec, Canada, under the Business Corporations Act (Quebec), pursuant to the arrangement agreement dated Oct. 5, 2025 (as amended).

As announced on April 8, 2026, all conditions precedent have been satisfied or waived (as applicable), and the transaction is unconditional and proceeding to completion and implementation, with the effective date scheduled to occur on April 15, 2026.

Pursuant to the implementation of the transaction, Robex shareholders and CDI holders will exchange their Robex shares or CDIs, as applicable, for newly issued PDI ordinary shares on the date of implementation, in accordance with the terms of the arrangement.

Each Robex share and each Robex CDI will be exchanged for 7.862 PDI shares, with fractions rounded down to the nearest whole PDI share.

Upon implementation:

  • Robex shareholders and CDI holders will cease to hold Robex shares and CDIs;
  • Robex shareholders and CDI holders will be issued PDI shares through the relevant PDI Canadian or Australian share registers, as applicable;
  • Outstanding Robex securities that are exercisable or exchangeable for Robex shares will remain outstanding in accordance with their terms, but will be exercisable or exchangeable for a number of PDI shares and at an exercise price (as applicable) that is appropriately adjusted based on the exchange ratio.

Robex CDI holders do not need to take any action to receive their PDI shares. Registered Robex shareholders will need to submit a Letter of transmittal, along with the share certificate or direct registration system advice representing their Robex shares, to the depositary for the arrangement, Computershare Investor Services Inc., at the address specified in the letter of transmittal to receive their PDI shares. A letter of transmittal was mailed to all registered Robex shareholders as required and is available under Robex's SEDAR+ profile. Non-registered Robex shareholders should contact their intermediary for questions on how to receive their PDI shares. Holding statements will be dispatched following implementation in accordance with the indicative timetable set out below.

Following implementation:

  • Robex shares are planned to be delisted from the TSX Venture Exchange;
  • Robex CDIs are planned to be removed from quotation on the Australian Securities Exchange (ASX);
  • PDI will continue to trade on the ASX (under the ticker code PDI), with trading on the Toronto Stock Exchange (TSX) expected to commence shortly after implementation (under the ticker symbol PDI).

The indicative timetable for implementation of the transaction is set out in the attached table.

Taxation: scrip-for-scrip CGT rollover relief

Robex has sought a class ruling from the Commissioner of Taxation on the availability of scrip-for-scrip CGT rollover relief for Australian resident shareholders. The commissioner will not issue a class ruling until after completion of the transaction and any class ruling obtained will be available via PDI's disclosures on ASX once issued by the commissioner.

If rollover relief is confirmed as being available, eligible Robex shareholders may choose to apply rollover relief in respect of the exchange of their Robex shares or CDIs for PDI shares. The choice is made by the shareholder when preparing their Australian income tax return for the income year in which the transaction is implemented. Shareholders are recommended to seek independent tax advice.

This joint ASX announcement has been authorized for release by the PDI board and the Robex board.

We seek Safe Harbor.

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