UPDATE: Robex Resources Inc. has just announced a significant delay in its upcoming shareholder meeting originally scheduled for December 15, 2025. The meeting, now set for December 30, 2025, at 8:00 a.m. ET, will allow shareholders to vote on a crucial resolution regarding its acquisition by Predictive Discovery Limited.
This urgent development follows the filing of an addendum to Robex’s management information circular, outlining amendments to the arrangement agreement with Predictive. The revised agreement stipulates that each Robex shareholder will receive 7.862 fully paid ordinary shares in Predictive for every Robex share held, a move aimed at consolidating resources and creating a stronger combined company.
The board of directors of Robex has unanimously recommended that shareholders vote in favor of this arrangement, stating it is in the best interest of the corporation. The urgency of this meeting is underscored by the need for Robex shareholders to make informed decisions about their investments in light of this substantial shift.
The record date for determining eligible shareholders remains unchanged at 5:00 p.m. ET on November 3, 2025. Those wishing to participate in the virtual meeting must register by 5:00 p.m. ET on December 22, 2025, to cast their votes and voice their opinions.
Additionally, the deadline to submit proxies has been extended to 5:00 p.m. ET on December 29, 2025. This extension allows shareholders more time to participate in the decision-making process regarding the future of Robex and its assets.
In the wake of the delayed meeting, both Cormark Securities Inc. and Canaccord Genuity Corp. have provided updated fairness opinions, confirming that the amended consideration for shareholders is fair from a financial perspective. This reassurance is vital as the companies prepare for a transformation that could redefine their market presence.
With the combined company projected to have approximately A$125,407,956 in accumulated losses as of June 30, 2025, the stakes are high. The merger aims to streamline operations and potentially enhance shareholder value in an increasingly competitive sector.
As this story develops, Robex shareholders and market analysts alike are encouraged to stay updated on any further announcements or changes related to this pivotal transaction. The outcome of the December 30 meeting could have lasting implications for both Robex and Predictive, making this a critical moment for stakeholders involved.
For further details, shareholders are advised to review the addendum available on Robex’s SEDAR+ profile at www.sedarplus.ca and to reach out to their proxy solicitation agent if they have any questions about voting procedures.
Stay tuned for more updates as we continue to monitor this evolving situation.
