Robex Shareholders Back Merger to Forge West Africa Gold Powerhouse
Robex Resources shareholders have overwhelmingly approved a merger with Predictive Discovery, setting the stage for a leading gold producer in West Africa with combined annual output projected to exceed 400,000 ounces by 2029.
- 94.54% shareholder approval for merger with Predictive Discovery
- Robex shareholders to receive 7.862 Predictive shares per Robex share
- Combined company to own 46.5% by Robex shareholders on a fully diluted basis
- Projected annual gold production of over 400,000 ounces by 2029
- Merger pending final court and regulatory approvals, expected completion in Q1 2026
Merger Approval Signals New Chapter for Robex
On December 30, 2025, Robex Resources Inc. secured overwhelming shareholder support for its planned merger with Predictive Discovery Limited, a move that promises to reshape the gold mining landscape in West Africa. With 94.54% of votes cast in favour, the special resolution passed comfortably above the required two-thirds threshold, reflecting strong investor confidence in the strategic rationale behind the deal.
Creating Scale and Synergies in Guinea
The merger will see Predictive acquire all outstanding Robex shares through a statutory plan of arrangement, with Robex shareholders receiving nearly eight Predictive shares for each Robex share held. This share exchange positions Robex investors to own approximately 46.5% of the combined entity on a fully diluted basis. The union brings together Robex’s Kiniero Project and Predictive’s Bankan Project, both located in Guinea, alongside Robex’s Nampala Project in Mali, creating a diversified portfolio with significant near-term cash flow and growth potential.
Production and Market Implications
By 2029, the combined company is projected to produce over 400,000 ounces of gold annually, driven by Kiniero’s recent first gold pour and Bankan’s promising development pipeline. This scale not only enhances operational efficiencies through geographic proximity but also elevates the company’s profile, potentially paving the way for inclusion in major indices such as the ASX 200 and GDXJ. The strengthened leadership team, with dual-listed experience and in-country expertise, is poised to navigate the complexities of West African mining operations.
Next Steps and Regulatory Hurdles
While shareholder approval marks a critical milestone, the merger still awaits final sanction from the Superior Court of Québec, scheduled for January 13, 2026, as well as approvals from the TSX Venture Exchange and local government authorities. Assuming these customary conditions are met, the transaction is expected to close in the first quarter of 2026, ushering in a new era for both companies and their stakeholders.
Strategic Outlook
Robex’s Managing Director and CEO Matthew Wilcox highlighted the significance of this moment, noting the recent first gold pour at Kiniero and the merger approval as defining achievements. The combined entity aims to establish a tier-1 gold mining hub in Guinea, leveraging near-term cash flow and world-class assets to deliver meaningful returns. Investors will be watching closely as the companies integrate operations and advance development projects in a region known for both opportunity and complexity.
Bottom Line?
With shareholder backing secured, all eyes now turn to regulatory approvals that will unlock the full potential of this West African gold powerhouse.
Questions in the middle?
- Will the Superior Court of Québec and TSXV approvals proceed smoothly as scheduled?
- How will the combined company manage operational integration across multiple West African projects?
- What impact will geopolitical and regulatory risks in Guinea and Mali have on production forecasts?
