Robex shareholders approve $1.45 billion merger with Australia’s Predictive Discovery

Industry:    3 days ago

Shareholders of Canada’s Robex Resources approved a A$2.17 billion ($1.45 billion) merger with Australian minerals explorer Predictive Discovery, Predictive said on Wednesday.

About 94.54% of votes cast backed the deal. Under the terms, Robex shareholders will receive 7.862 fully paid ordinary shares in Predictive for each Robex share.

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