Predictive Discovery & Robex Announce Merger of Equals

TRANSACTION HIGHLIGHTS

• Creates West Africa’s subsequent mid-tier gold producer by combining two of the continent’s largest, lowest-cost, and most superior tasks.
• Mixed manufacturing anticipated to exceed 400kozpa Au ¹ by 2029.
• Mixed Mineral Assets of roughly 9.5Moz Au ² inclusive of Ore Reserves ³ of roughly 4.5Moz Au ⁴ with important exploration upside potential.
• Transaction will drive financial progress in Guinea, strengthen native labour pressure, improve crucial infrastructure and companies, and construct lasting native partnerships.
• Growth funding for PDI’s Bankan challenge (the “Bankan Undertaking”) might be considerably de-risked by leveraging money flows from Robex’s Kiniero challenge (the “Kiniero Undertaking”) and the continued train of Robex’s in-the-money warrants and choices.
• Mixed management group, led by Andrew Pardey as Non-Government Chairman and Matthew Wilcox as CEO and Managing Director, possesses a confirmed in-country observe file and ability set to develop and function the mixed portfolio.
• Tier-1 mining hub in Guinea established by proximity of PDI’s Bankan Undertaking and Robex’s Kiniero Undertaking, positioned inside a 30km radius of one another.
• Enhanced scale, multi-asset portfolio and proposed twin itemizing will enhance the mixed firm’s capital markets profile, paving the way in which for a possible share worth re-rate.
• All administrators and sure government officers of Robex, in addition to two of Robex’s largest shareholders, which collectively personal roughly 25.5% of Robex’s excellent frequent shares (“Robex Shares”), have entered into voting help agreements with PDI (as outlined under).

Predictive Discovery Restricted (“PDI”) (ASX: PDI) and Robex Assets Inc. (“Robex”) (TSX-V: RBX, ASX: RXR) are happy to announce that they’ve entered right into a definitive settlement to mix in a merger of equals, whereby PDI will purchase the entire issued and excellent Robex Shares by the use of a statutory plan of association underneath the Enterprise Firms Act (Quebec) (the “Transaction”). Following completion of the Transaction, the mixed firm will stay listed on the Australian Securities Alternate (“ASX”) and can apply to checklist PDI’s abnormal shares (“PDI Shares”) on the TSX Enterprise Alternate (“TSX-V”).

TRANSACTION DETAILS

PDI and Robex entered right into a definitive association settlement dated 5 October 2025 (the “Settlement”), pursuant to which PDI will not directly purchase the entire issued and excellent Robex Shares by the use of a statutory plan of association underneath the Enterprise Firms Act (Quebec) (the “Plan of Association”).

Underneath the Plan of Association and in accordance with the phrases of the Settlement, Robex shareholders will obtain 8.667 PDI Shares for every Robex Share (the “Alternate Ratio”) held instantly previous to the efficient time of the Transaction (the “Efficient Time”).

In reference to closing of the Transaction, PDI expects to challenge an combination of roughly 2,115 million PDI Shares to Robex shareholders, based mostly on the Robex Shares excellent as on the date of this announcement. PDI may challenge as much as roughly 497 million further PDI Shares topic to conversion of any Robex convertible securities into Robex Shares previous to the Efficient Time, together with as much as roughly 281 million PDI Shares from the conversion of Robex’s 32.38 million warrants with an train worth of C$2.55 per warrant, which lately had the expiry date accelerated to 18 October 2025. ⁵

Following completion of the Transaction, current PDI shareholders and former Robex shareholders will personal roughly 51% and 49% respectively of the mixed firm on a completely diluted in-the-money foundation. The implied market capitalization of the mixed firm is estimated at A$2,350 million (C$2,168 million) on a completely diluted in-the-money foundation. ⁶

Underneath the Plan of Association and in accordance with the Settlement, any of Robex’s convertible securities, together with its excellent warrants, choices and different incentive securities, which aren’t exercised previous to the Efficient Time will stay excellent in accordance with their phrases and, after the Efficient Time, might be exercisable for PDI Shares in lieu of Robex Shares, supplied that the variety of PDI Shares and train worth for every PDI Share will every be adjusted based mostly on the Alternate Ratio.

The mixed firm might be led by a mixed board and administration group of skilled mining and enterprise leaders, bringing collectively their respective strengths and capabilities. The Transaction is anticipated to shut in December 2025 or early 2026.

PDI and Robex will host two joint webcasts at present, which buyers and analysts are inspired to hitch utilizing the hyperlinks supplied additional under on this announcement.

STRATEGIC RATIONALE FOR THE TRANSACTION

PDI’s key asset is the Bankan Undertaking in Guinea, which has estimated common manufacturing of roughly 250koz each year over 12 years, ⁷ and is advancing in the direction of a closing funding determination focused for the second quarter of 2026. Robex is at present establishing the Kiniero Undertaking in Guinea, which is on schedule to realize first gold manufacturing in December 2025 and is anticipated to provide a median of 139koz each year over 9 years. ⁸ Robex additionally operates the Nampala gold mine (“Nampala Undertaking”) in Mali, which is forecast to provide 46-47koz in 2025. ⁹

Key strategic, monetary and operational benefits of the mixed firm embody the next:

• Pathway to changing into one in all West Africa’s main gold producers: Combines two of the doubtless largest, lowest price and most superior gold tasks in West Africa, enhancing scale, entry to capital, strategic relevance and competitiveness; the mixed firm is anticipated to have +400kozpa Au ¹⁰ of manufacturing by 2029, mixed Mineral Assets of roughly 9.5Moz Au ¹¹ and mixed Ore Reserves of roughly 4.5Moz Au. ¹²
• Flexibility via leveraging money flows from Robex to fund improvement of the Bankan Undertaking: Vital money flows anticipated to be generated from the Kiniero Undertaking and the continued train of in-the-money warrants and choices, which may help improvement of the Bankan Undertaking.
• Proper administration and board ability set to drive worth creation: Strengthened group with a confirmed in-country observe file and complementary ability set to develop and function mines in West Africa, and with in depth expertise working inside dual-listed and enormous mining firms in Africa. Robex’s main improvement group are prepared to maneuver from the Kiniero Undertaking’s development to the Bankan Undertaking’s improvement, making use of classes discovered and optimizing workforce deployment.
• Potential for significant upside: Proximity of the Bankan Undertaking and Kiniero Undertaking creates a tier-1 mining hub with potential for significant upside, coordinated improvement, working and exploration methods, and enhanced capability to leverage in-country assets.
• Enhanced capital markets presence: Larger scale and multi-asset nature of the mixed firm, with potential inclusion within the ASX 200 and VanEck Junior Gold Miners (“GDXJ”) indices, enhancing its relevance and attractiveness to buyers, positioning it for a possible share worth re-rate.

Andrew Pardey, Chief Government Officer and Managing Director of PDI, commented: ” By combining two of West Africa’s largest and most superior gold improvement tasks and leveraging the confirmed observe file of each administration groups in Africa, we’re creating an organization that positions Guinea to turn out to be one in all Africa’s prime 5 gold producers. The brand new, diversified firm won’t solely additional de-risk our flagship Bankan Undertaking, but in addition ship enduring worth for shareholders, the communities the place we function and Guinea as a complete.”

Matthew Wilcox, Chief Government Officer and Managing Director of Robex, commented: “This mix marks a transformative step for each firms, making a platform with the size, property and functionality to ship long-term worth. As incoming CEO and Managing Director of the mixed firm, I’m excited to guide a group that brings collectively deep operational expertise, confirmed improvement experience and a shared dedication to accountable progress in West Africa. I stay up for overseeing the profitable commissioning of the Kiniero Undertaking and quickly advancing the event of the Bankan Undertaking.”

BOARD

Andrew Pardey, Chief Government Officer and Managing Director of PDI, will act as Non-Government Chairman of the mixed firm. The administration group of the mixed firm might be led by Matthew Wilcox as Chief Government Officer and Managing Director (Chief Government Officer and Managing Director of Robex) and Alain William as Government Director, Authorities Relations and Authorized (Chief Monetary Officer of Robex). Non-Government Administrators of the mixed firm might be Simon Jackson (Lead Unbiased), Steven Michael, Alberto Lavandeira and Howard Golden.

TRANSACTION AND THE PLAN OF ARRANGEMENT

The Transaction is topic to the satisfaction of closing situations customary for a transaction of this nature, together with the approval of the Superior Courtroom of Québec and the TSX-V. The Transaction may also require the approval of at the very least 66⅔% of the votes forged in individual or proxy by the shareholders of Robex voting at a particular assembly of Robex shareholders (the “Robex Assembly”), and, if required underneath Canadian legislation, a easy majority of the votes forged by Robex shareholders excluding for this objective the votes held by any individual required underneath Multilateral Instrument 61-101 – Safety of Minority Safety Holders in Particular Transactions. The Transaction won’t require PDI shareholder approval.

The Settlement contains customary representations and warranties for a transaction of this nature in addition to customary interim interval covenants relating to the operation of Robex’s and PDI’s companies. The Settlement additionally contains customary reciprocal deal protections, together with fiduciary-out provisions, non-solicitation covenants, and a proper to match any superior proposals. The Settlement contains reciprocal termination charges of A$37 million payable by PDI or Robex, as relevant, within the occasion the Settlement is terminated in sure circumstances.

The ASX has granted sure ASX Itemizing Rule waivers to PDI in relation to the Transaction, particulars of that are supplied within the separate announcement launched by PDI at present entitled “ASX Itemizing Rule Waivers Granted in Relation to Robex Merger.”

Full particulars of the Transaction might be included in a administration data round of Robex (the “Robex Round”) that might be delivered to Robex shareholders upfront of the Robex Assembly, which is anticipated to be held in December 2025.

Copies of the Robex Round and the Settlement might be obtainable underneath Robex’s profile on SEDAR+ (www.sedarplus.ca).

PDI and Robex shareholders don’t must take any actions in relation to the Transaction at the moment.

VOTING SUPPORT AGREEMENTS

Two of Robex’s largest shareholders, the Cohen Group and Eglinton Mining, who in combination personal roughly 25.2% of the issued and excellent Robex Shares, have entered into separate voting help agreements with PDI pursuant to which they’ve agreed to vote their Robex Shares in favour of the Transaction on the Robex Assembly.

Moreover, the entire administrators and sure members of senior administration of Robex, who in combination personal roughly 0.3% of the issued and excellent Robex Shares, have entered into voting help agreements with PDI pursuant to which they agreed to vote their Robex Shares in favour of the Transaction on the Robex Assembly.

BOARD OF DIRECTORS’ RECOMMENDATIONS

After session with its exterior monetary and authorized advisors, the board of administrators of PDI (the “PDI Board”) unanimously accredited the Transaction.

Robex appointed a particular committee of unbiased administrators (the “Robex Particular Committee”) to think about and make a suggestion to the board of administrators of Robex (the “Robex Board”) with respect to the Transaction. Based mostly on the unanimous suggestion of the Robex Particular Committee, and after session with its exterior monetary and authorized advisors, the Robex Board unanimously accredited the Transaction and has decided that the Transaction is in the very best pursuits of Robex, and that the consideration to be obtained by Robex shareholders pursuant to the Transaction is honest, from a monetary perspective, to the Robex shareholders. The Robex Board unanimously recommends that Robex shareholders vote in favour of approving the Transaction on the Robex Assembly.

FAIRNESS OPINIONS

Canaccord Genuity Corp. has supplied a equity opinion to the Robex Board and Cormark Securities Inc. has supplied a equity opinion to the Robex Particular Committee (the “Equity Opinions”), to the impact that, as of the date of every such Equity Opinion, and based mostly upon and topic to the assumptions, limitations and {qualifications} set forth therein, the consideration to be obtained by Robex shareholders pursuant to the Transaction is honest, from a monetary perspective, to the Robex shareholders.

ROBEX SPROTT FACILITY

Robex has obtained formal lender consent underneath its Syndicated Facility Settlement for the merger with PDI.

The Syndicated Facility Settlement will stay in place and proceed to help development actions on the Kiniero Gold Undertaking.

ADVISORS

PDI has engaged BMO Capital Markets and SCP Useful resource Finance LP as monetary advisors, Fasken Martineau DuMoulin LLP as Canadian authorized advisor, and Herbert Smith Freehills Kramer as Australian authorized advisor. GenCap Mining Advisory has been engaged as monetary advisor to the PDI Board.

Robex has engaged Canaccord Genuity as monetary advisor, Peloton Authorized Pty Ltd as Australian authorized advisor, Osler, Hoskin & Harcourt LLP as Canadian authorized advisor, with Simmons & Simmons LLP offering help on native in-country issues and Crux Legislation Pty Ltd on debt financing issues. Cormark Securities Inc. has been engaged as monetary advisor to the Robex Particular Committee.

WEBCAST DETAILS

PDI and Robex will collectively host two webcasts for buyers and analysts to debate the Transaction. Buyers and analysts wishing to ask a query are inspired to hitch the webcasts and submit questions via the Q&A operate. Timing and hyperlinks for the webcasts are as follows:

The webcasts might be posted as quickly as attainable after the occasion for playback on each PDI’s web site (predictivediscovery.com) and Robex’s web site (robexgold.com).

This joint ASX Announcement has been authorised for launch by the PDI Board and the Robex Board.

For additional data:

ABOUT PREDICTIVE DISCOVERY LIMITED

PDI is an Australian gold firm listed on the ASX, and headquartered in Perth, Australia. PDI’s flagship asset is the Bankan Undertaking in Guinea.

ABOUT Robex Assets Inc.

Robex Assets is a Canadian gold mining firm listed on the TSX-V and ASX, and headquartered in Quebec, Canada. Robex’s materials properties encompass the Nampala Undertaking in Mali and the Kiniero Undertaking in Guinea.

IMPORTANT NOTICES AND DISCLAIMERS

Essential Notices

This announcement is a joint announcement by PDI and Robex based mostly on data obtainable to them on the time of making ready this announcement. No illustration or guarantee, categorical or implied, is made as to the equity, accuracy, completeness or correctness of the data, opinions and conclusions contained on this announcement.

To the utmost extent permitted by legislation, none of PDI or Robex, their respective administrators, staff or brokers, advisers, nor another individual accepts any legal responsibility, together with, with out limitation, any legal responsibility arising from fault or negligence on the a part of any of them or another individual, for any loss arising from using this announcement or its contents or in any other case arising in reference to it.

This announcement doesn’t purport to comprise all the data that buyers might require to make an knowledgeable evaluation of the Transaction and its impact on PDI and Robex. This announcement ought to be learn together with the presentation collectively ready by PDI and Robex launched to ASX on or concerning the date of this announcement and obtainable on PDI’s web site (predictivediscovery.com) and Robex’s web site (robexgold.com).

Not an Provide

This announcement will not be a suggestion, invitation, solicitation or different suggestion with respect to the subscription for, buy or sale of any safety, and neither this announcement nor something in it shall kind the premise of any contract or dedication in any respect. This announcement has been ready for publication in Australia and Canada and will not be launched to US wire companies or distributed in america of America. This announcement doesn’t represent a suggestion to promote, or a solicitation of a suggestion to purchase, securities in america or another jurisdiction. Any securities described on this announcement haven’t been, and won’t be, registered underneath the US Securities Act of 1933 (“US Securities Act”) and will not be supplied or bought in america besides in transactions registered underneath the US Securities Act or exempt from, or not topic to, the registration of the US Securities Act and relevant US state securities legal guidelines.

Ahead-looking Statements

This announcement incorporates sure forward-looking data and forward-looking statements throughout the which means of relevant securities laws and will embody future-oriented monetary data or monetary outlook data (collectively “Ahead-looking Data”). These embody statements relating to PDI and Robex’s intent, or the beliefs or present expectations of the officers and administrators of PDI and Robex for the mixed firm post-closing. Precise outcomes and outcomes of Transaction and of the mixed firm might fluctuate materially from the quantities set out in any Ahead-looking Data. As properly, Ahead-looking Data might embody, however will not be restricted to, statements referring to: future outlook and anticipated occasions, such because the consummation and timing of the Transaction; the expectation that the PDI Shares might be dual-listed on the ASX and TSX-V; the strategic imaginative and prescient for the mixed firm following the closing of the Transaction and expectations relating to exploration and improvement potential; the de-risking of improvement funding for the Bankan Undertaking by leveraging money flows from the Kiniero Undertaking; the potential share worth re-rate and capital markets profile of the mixed firm based mostly on the size and multi-asset nature; manufacturing capabilities and future monetary or working efficiency of the mixed firm post-closing, together with funding returns; money flows; share worth efficiency; manufacturing and price steerage; the potential valuation of the mixed firm following the closing of the Transaction; the accuracy of the professional forma monetary place and outlook of the mixed firm following the closing of the Transaction; the satisfaction of the situations precedent to the Transaction; the anticipated submitting of supplies on SEDAR+; acquiring the required inventory change, court docket and shareholder approvals; the success of PDI and Robex in combining operations upon closing of the Transaction; expectations for the potential improvement and money circulation of the Bankan Undertaking and Kiniero Undertaking; expectations for manufacturing capabilities and money circulation of the Nampala Undertaking; mineral useful resource expectations; the power to acquire funding; the anticipated train of warrants and choices; the potential for inclusion in sure monetary market indices; the potential of the mixed firm to satisfy business targets, public profile and expectations; and future plans, projections, aims, estimates and forecasts and the timing associated thereto.

All statements, aside from statements of historic reality, that handle circumstances, occasions, actions or developments that might or might or will happen are Ahead-looking Data. Ahead-looking Data is mostly recognized by means of phrases like “will”, “create”, “improve”, “enhance”, “potential”, “anticipate”, “upside”, “progress”, “estimate”, “anticipate” and related expressions and phrases or statements that sure actions, occasions or outcomes “might”, “may”, or “ought to”, or the unfavourable or grammatical variations of such phrases, are meant to determine Ahead-looking Data. Though PDI and Robex consider that the expectations mirrored within the Ahead-looking Data are cheap, undue reliance shouldn’t be positioned on Ahead-looking Data since no assurance will be supplied that such expectations will show to be appropriate. Ahead-looking Data is predicated on data obtainable on the time these statements are made and/or good religion perception of the officers and administrators of PDI and Robex as of that point with respect to future occasions and are topic to dangers and uncertainties that might trigger precise outcomes to vary materially from these expressed in or prompt by the Ahead-looking Data. Ahead-looking Data entails quite a few dangers and uncertainties. Such elements might embody, however will not be restricted to, dangers associated to the closing of the Association, adjustments in commodity costs, overseas change fluctuations and common financial situations, elevated prices and demand for manufacturing inputs, the speculative nature of exploration and challenge improvement, together with the dangers of acquiring crucial approvals, licenses and permits and diminishing portions or grades of reserves, political and social dangers (together with, however not restricted to, in Guinea, Ivory Coast, Mali and West Africa extra broadly), adjustments to the authorized and regulatory framework inside which PDI and Robex function or might sooner or later function, environmental situations together with excessive climate situations, recruitment and retention of personnel, industrial relations points and litigation, in addition to the dangers recognized within the part titled “Threat Components” in Robex’s most lately filed Annual Data Type which is out there on SEDAR+ at www.sedarplus.ca and the dangers recognized in PDI’s Annual Report filed October 17, 2024 which is out there at www.predictivediscovery.com, Ahead-looking Data is designed to assist readers perceive PDI and Robex’s views as of that point with respect to future occasions and communicate solely as of the date they’re made. Besides as required by relevant legislation, PDI and Robex assume no obligation to replace or to publicly announce the outcomes of any change to any Ahead-looking Data contained or integrated by reference herein to replicate precise outcomes, future occasions or developments, adjustments in assumptions or adjustments in different elements affecting the Ahead-looking Data. If both PDI or Robex updates any Ahead-looking Data, no inference ought to be drawn that both firm will make further updates with respect to such or different Ahead-looking Data. All Ahead-Trying Data contained on this announcement is expressly certified in its entirety by this cautionary assertion.

To the extent any Ahead-looking Data on this announcement constitutes “future-oriented monetary data” or “monetary outlooks” throughout the which means of Canadian securities legal guidelines, such data is supplied to exhibit the respective inner projections of PDI and Robex and to assist readers perceive their anticipated monetary outcomes. Readers are cautioned that this data will not be acceptable for another objective and readers mustn’t place undue reliance on such data. Future-oriented monetary data and monetary outlooks, as with all Ahead-looking Data typically, are, with out limitation, based mostly on the assumptions, and topic to the dangers and uncertainties, described above.

JORC CODE AND CIM DEFINITION STANDARDS

The time period “Ore Reserve” outlined by the Australasian Code for Reporting of Exploration Outcomes, Mineral Assets and Ore Reserves ready by the Joint Ore Reserves Committee of the Australasian Institute of Mining and Metallurgy, Australian Institute of Geoscientists and Minerals Council of Australia (“JORC Code”) is equal to the time period “Mineral Reserve” outlined by the CIM Definition Requirements for Mineral Assets & Mineral Reserves adopted by the Canadian Institute of Mining, Metallurgy and Petroleum Could 19, 2014 (“CIM Definition Requirements”). “Inferred Mineral Assets”, “Indicated Mineral Assets” and “Measured Mineral Assets” have the identical which means underneath each the JORC Code and CIM Definition Requirements. “Proved Mineral Reserves” underneath the JORC Code has the identical which means as “Confirmed Mineral Reserves” underneath the CIM Definition Requirements, and “Possible Mineral Reserves” underneath the JORC Code has the identical which means as “Possible Mineral Reserves” underneath the CIM Definition Requirements. The JORC Code is an appropriate overseas code underneath NI 43-101.

MINERAL RESOURCES AND ORE RESERVE ESTIMATES, AND PRODUCTION TARGETS

This announcement refers to PDI and Robex having mixed Mineral Useful resource and Ore Reserve estimates of roughly 9.5Moz Au and roughly 4.5Moz Au respectively. Additional data relating to the person Mineral Useful resource and Ore Reserve estimates of every of PDI and Robex is ready out under.

PDI

Mineral Useful resource and Ore Reserve Estimates

The Mineral Useful resource estimates for the NEB and BC tasks had been launched to ASX on 7 August 2023 in an announcement by PDI titled “Bankan Mineral Useful resource Will increase to five.38Moz” and the Mineral Useful resource estimates in respect of the Fouwagbe and Sounsoun tasks had been launched to the ASX on 23 April 2025 in an announcement by PDI titled “Maiden Argo Mineral Useful resource Estimate of 153koz”. The Ore Reserve estimate in respect of the Bankan Undertaking was launched to ASX on 25 June 2025 in an announcement by PDI titled “Bankan DFS Confirms Excellent Undertaking Economics”. PDI confirms it’s not conscious of any new data or information that materially impacts the Mineral Useful resource or Ore Reserve estimates and all materials assumptions and technical parameters underpinning the Mineral Useful resource and Ore Reserve estimates within the related market announcement proceed to use and haven’t materially modified, noting that PDI intends to enchantment the Argo (and Bokoro) revocations introduced on 28 Could 2025 in accordance with the Mining Code, and that the Argo Inferred Mineral Assets account for simply 2.8% of PDI’s total Mineral Useful resource.

Manufacturing Targets

The Manufacturing Targets and forecast monetary data in respect of the Bankan Undertaking had been launched to the ASX on 25 June 2025 in an announcement by PDI titled “Bankan DFS Confirms Excellent Undertaking Economics”. PDI confirms that every one the fabric assumptions underpinning the Manufacturing Targets and forecast monetary data derived from the Manufacturing Targets within the earlier announcement proceed to use and haven’t materially modified.

Robex

Mineral Useful resource and Ore Reserve Estimates

The Mineral Useful resource and Ore Reserve estimates in respect of Robex’s Kiniero Undertaking had been launched to ASX on 22 August 2025 in an announcement by Robex titled “Modification to Kiniero Gold Undertaking Technical Report”, and in respect of the Nampala Undertaking in an ASX announcement by Robex dated 6 Could 2025 titled “Alternative Prospectus”. Robex confirms that it’s not conscious of any new data or information that materially impacts the Mineral Useful resource and Ore Reserve estimates included within the related market announcement and all materials assumptions and technical parameters underpinning the estimates within the announcement proceed to use and haven’t materially modified.

Manufacturing Targets

The manufacturing targets and forecast monetary data in respect of Robex’s Kiniero Undertaking was launched to ASX on 22 August 2025 in an announcement by Robex titled “Modification to Kiniero Gold Undertaking Technical Report”, and in respect of the Nampala Undertaking in an ASX announcement by Robex dated 6 Could 2025 titled “Alternative Prospectus”. Robex confirms that every one the fabric assumptions underpinning the manufacturing targets and forecast monetary data derived from the manufacturing targets within the related market announcement proceed to use and haven’t materially modified.

NATIONAL INSTRUMENT 43-101

All scientific and technical data on this presentation referring to Robex has been reviewed and accredited by Mr. Jeames McKibben, a Chartered Skilled Fellow of the Australian Institute of Mining and Metallurgy and a member of the Australian Institute of Geoscientists, and a “certified individual” as outlined in NI 43-101.

Readers are referred to the technical report for the Nampala Undertaking entitled “Unbiased Technical Report on the Nampala, Mininko, Gladie and Kamasso Permits and a Mineral Useful resource and Reserve Estimate of the Nampala Gold Mine, Mali, West Africa” efficient September 30, 2024 (the “Nampala Technical Report), and the amended and restated technical report for the Kiniero Undertaking entitled “Technical Report, Kiniero Gold Undertaking, Guinea (Amended)” with an efficient date of December 6, 2024, as amended and restated on June 12, 2025 (the “Kiniero Technical Report”), every of which has been ready in accordance with NI 43-101 and is out there on Robex’s profile on SEDAR+ at www.sedarplus.ca.

Neither TSX Enterprise Alternate nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Alternate) accepts duty for the adequacy or accuracy of this launch.

PDI ORE RESERVE AND MINERAL RESOURCE STATEMENT

Bankan Ore Reserve Assertion ^{13 , 14}

Bankan Mineral Useful resource Estimate ^{15 , 16}

ROBEX MINERAL RESERVE AND RESOURCE STATEMENT

Kiniero Mineral Reserve and Useful resource Assertion ^{17 , 18}

Nampala Mineral Reserve and Useful resource Assertion ^{19 , 20}

_______________________

¹ CY2029 manufacturing based mostly on Bankan Undertaking CY2029 estimated manufacturing of 272koz Au (assuming first manufacturing commences in April 2028) as reported within the Definitive Feasibility Examine for the Bankan Undertaking (as launched by Predictive to ASX on 25 June 2025 in its announcement titled “Bankan DFS Confirms Excellent Undertaking Economics”) and Kiniero Undertaking CY2029 estimated manufacturing of 155koz Au as reported within the up to date feasibility research for the Kiniero Undertaking (as launched by Robex to ASX on 22 August 2025 in its announcement titled “Modification to Kiniero Gold Undertaking Technical Report”).
² Professional forma Mineral Useful resource estimate based mostly on the combination Mineral Useful resource estimates (with rounding): (i) of PDI as launched to ASX in PDI’s bulletins titled “Bankan Mineral Useful resource Will increase to five.38Moz” dated 7 August 2023 (for NED and BC) and “Maiden Argo Mineral Useful resource Estimate of 153koz” dated 23 April 2025 (for Fouwagbe and Sounsoun) and; (ii) of Robex as launched to ASX in Robex’s bulletins titled “Modification to Kiniero Gold Undertaking Technical Report” dated 22 August 2025 (for the Kiniero Undertaking) and “Alternative Prospectus” dated 6 Could 2025 (for the Nampala Undertaking, and as set forth within the Kiniero Technical Report (as outlined under) and the Nampala Technical Report (as outlined under). Professional forma Mineral Useful resource estimate is comprised of 6.6Moz Measured and Indicated Mineral Assets and a pair of.9Moz Inferred Mineral Assets. Mineral Assets are inclusive of Ore Reserves. Confer with pages 9, 10, 11, 12 and 13 relating to the person Mineral Useful resource estimates of every of PDI and Robex.
³ The time period “Ore Reserve” outlined by the JORC Code is equal to the time period “Mineral Reserve” outlined by the CIM Definition Requirements. Confer with web page 9 and 10 for additional data.
⁴ Professional forma Ore Reserve estimate based mostly on the combination Ore Reserve estimates (with rounding): (i) of PDI as launched to ASX in PDI’s announcement titled “Bankan DFS Confirms Excellent Undertaking Economics” dated 25 June 2025; and (ii) of Robex as launched to ASX in Robex’s bulletins titled “Modification to Kiniero Gold Undertaking Technical Report” dated 22 August 2025 (for the Kiniero Undertaking) and “Alternative Prospectus” dated 6 Could 2025 (for the Nampala Undertaking), and as set forth within the Kiniero Technical Report and the Nampala Technical Report. Confer with pages 9, 10, 11, 12 and 13 relating to the person Ore Reserve estimates of every of PDI and Robex.
⁵ Confer with Robex announcement “Robex Proclaims Acceleration of Warrant Expiry Date” dated 18 September 2025.
⁶ Based mostly on the PDI closing share worth of A$0.44 on 3 October 2025 and change ratio of 8.667x. CAD:AUD change price of 1.084x utilized.
⁷ Confer with PDI announcement “Bankan DFS Confirms Excellent Undertaking Economics” dated 25 June 2025.
⁸ Confer with Robex announcement titled “Modification to Kiniero Gold Undertaking Technical Report” dated 22 August 2025 and the Kiniero Technical Report.
⁹ Confer with Robex announcement “Administration Dialogue & Evaluation (30 June 2025)” dated 14 August 2025.
¹⁰ Confer with footnote 1 for additional data.
¹¹ Confer with footnote 2 for additional data.
¹² Confer with footnote 4 for additional data.
¹³ Confer with PDI ASX launch “Bankan DFS Confirms Excellent Undertaking Economics” dated 25 June 2025.
¹⁴ Reserve cut-off: Open Pit 0.38-0.48 g/t Au, Underground 2.0 g/t Au.
¹⁵ Useful resource cut-off: NEB Open Pit indicated & inferred 0.5 g/t Au, NEB Underground inferred 2.0 g/t Au, BC Open Pit indicated and inferred 0.4 g/t Au, Fouwagbe and Sounsoun inferred 0.5 g/t Au.
¹⁶ In relation to the Fouwagbe and Sounsoun deposits (Argo Allow), PDI intends to enchantment the Argo and Bokoro revocations introduced on 28 Could 2025 in accordance with the Mining Code. Confer with PDI ASX launch “Argo and Bokoro Exploration Permits Replace” dated 28 Could 2025.
¹⁷ Confer with Robex announcement titled “Modification to Kiniero Gold Undertaking Technical Report” dated 22 August 2025 and the Kiniero Technical Report.
¹⁸ Useful resource/reserve cut-off grade (Useful resource at US$2,200/oz, reserves at US$1,800/oz): SGA, Jean and Banfara: laterite 0.3 g/t Au, saprolite (oxide) 0.3 g/t Au, saprock (transition) 0.3 g/t Au, recent 0.4 g/t Au; Sabali South: laterite 0.3 g/t Au, mottled zone/saprolite/decrease saprolite (oxide) 0.3 g/t Au, saprock (transition) 0.5 g/t Au, recent 0.6 g/t Au; Sabali North and Central: laterite 0.3 g/t Au, saprolite (oxide) 0.3 g/t Au, saprock (transition) 0.6 g/t Au, recent 0.6 g/t Au; West Balan: laterite 0.3 g/t Au, saprolite (oxide) 0.3 g/t Au, saprock (transition) 0.3 g/t Au, recent 0.5 g/t Au; Stockpiles reported as Mineral Assets have been restricted to these dumps which exhibit a median grade >0.3 g/t Au for all the stockpile assuming no selectivity.
¹⁹ Confer with Robex announcement titled “Alternative Prospectus” dated 6 Could 2025 and the Nampala Technical Report.
²⁰ Useful resource cut-off grade (at US$2,200/oz): Laterite 0.35 g/t Au, Oxide 0.35 g/t Au, Transition 0.43 g/t Au, Recent 1.89 g/t Au; Reserve cut-off grade (at US$1,800/oz): 0.4 g/t Au (laterite, mottled zone, saprolite and transition).