QUEBEC CITY / LONDON (IT BOLTWISE) – Robex Resources Inc., a major gold producer in West Africa, plans a strategic merger with Predictive Discovery Limited. This merger is expected to strengthen Robex’s position as a leading player in the gold sector and provide significant benefits to shareholders.
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Robex Resources Inc., a leading gold producer in West Africa, has announced its plans for a strategic merger with Predictive Discovery Limited. This merger is expected to help Robex strengthen its position in the gold sector and improve access to capital. Robex’s board of directors unanimously recommends that shareholders vote in favor of the proposed plan of arrangement, which envisages a significant restructuring of the company.
Under the terms of the agreement, Acquireco, a wholly owned subsidiary of Predictive, will acquire all outstanding Robex shares. In return, Robex shareholders will receive Predictive shares, enabling a new strategic direction for the company. This merger brings together two of the most promising gold projects in West Africa and provides a platform for future growth and development.
Robex’s board of directors has assessed the merger as fair and in the best interests of shareholders. The merger is seen as an opportunity to increase flexibility by using Robex’s cash flows to finance new projects. In particular, the Kiniero project will generate significant cash flows that can be used to support the development of the Bankan project.
The merger also promises increased exposure to capital markets, with the combined company potentially being included in major indices. This could increase the attractiveness for investors and enable a revaluation of the share price. Experts see the merger as a significant opportunity for Robex to increase its strategic relevance and competitiveness in the global gold market.
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