InvestSMART

Predictive Discovery Ltd (ASX:PDI)

ALERT: Price-sensitive ASX Announcement for PDI
Current share price for PDI : $0.610 -0.08 (-11.59%)+
Announcement
Release
11 Dec 2025 11:05AM
Price at Release
$0.690
Full Release
download
Summary
Perseus Mining Limited communicated that its proposal to acquire Predictive Discovery Limited is no longer considered superior. This decision followed the recognition of a revised Arrangement Agreement from Robex Resources Inc., which the board of Predictive Discovery determined matched Robex's rights under an existing agreement dated 5 October 2025. Consequently, Perseus terminated its offer to acquire Predictive, as it was contingent upon Robex not executing its matching rights.
Key Points
  • Perseus Mining Limited's proposal to acquire Predictive Discovery Limited is not deemed superior.
  • Predictive Board received a revised Arrangement Agreement from Robex Resources.
  • The revised agreement was determined to match Robex's rights under an agreement dated 5 October 2025.
  • Perseus terminated its offer contingent on Robex not executing its matching rights.
  • The announcement was approved by Craig Jones, Managing Director and CEO of Perseus Mining Limited.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.