Predictive Discovery Limited enters into a definitive agreement to merge with Robex Resources Inc. by way of a C$1.5 billion plan of arrangement

On October 5, 2025, Predictive Discovery Limited (“Predictive”), an Australian gold exploration company, announced that it has entered into a definitive agreement to indirectly acquire all of the issued and outstanding shares of Robex Resources Inc. (“Robex”) by way of a C$1.5 billion statutory plan of arrangement under the Business Corporations Act (Québec) (the “Arrangement”).

Pursuant to the Arrangement and in accordance with the terms of the definitive agreement, Robex shareholders will receive 8.667 ordinary shares of Predictive for each Robex common share held immediately prior to the effective time. Upon completion of the Arrangement, existing Predictive shareholders and former Robex shareholders will own approximately 51% and 49% of the combined company, respectively, on a fully diluted basis.

Following completion of the Arrangement, the combined company will remain listed on the Australian Securities Exchange and Predictive has applied to the Toronto Stock Exchange to list its ordinary shares concurrent with or following the completion of the Arrangement. The Arrangement is expected to close in early 2026.

Fasken advised Predictive with a team led by John Sabetti and Zach Austin, which included Richard Steinberg, George Soules, Brittany Vanword and Arjun Sodhi; (Capital Markets and M&A); Neil Kravitz (Cross-Border and International Practice); Brandon Farber (Commercial Litigation); Remi Slama (Corporate/Commercial); Huy Do (Competition); Christopher Steeves (Tax); and Anthony Foreshew and Tom Chong (Articling Students).