Robex Resources (OTCPK:RSRB.F) M&A Announcement Transcript

Summary of the Conference Call Industry and Companies Involved - Industry: Gold Mining - Companies: Predictive Discovery Limited and Robex Resources Inc. Key Points and Arguments 1. Merger Overview: The proposed merger will create Guinea's largest gold producer and a significant mid-tier producer in Africa, combining the strengths of both companies [2][3][7] 2. Resource Base: The merged entity will have a pro forma resource base of over 9 million ounces and an annualized gold production of over 400,000 ounces by 2029 [3][9] 3. Cost Efficiency: The combined all-in sustaining costs are projected at $1,070 per ounce, positioning the company within the lowest quartile of African producers [10][11] 4. Market Capitalization: The initial combined market capitalization is estimated to exceed $2.3 billion Australian dollars, enhancing the capital market profile of the merged company [5][6] 5. Shareholder Structure: The merger will be an all-share transaction, with Predictive Discovery Limited shareholders owning 51% and Robex Resources Inc. shareholders owning 49% [6][7] 6. Operational Synergies: The merger is expected to create significant operational synergies, including cost savings and enhanced exploration capabilities [13][15] 7. Cash Flow Generation: Robex's Nampala Gold Mine in Mali is already generating cash flow, which will support the financing of the Bancan project [12][26] 8. Construction Timeline: Kaneoro is expected to commence gold production by December 2023, while Bancan is scheduled to start production in the second half of 2028 [8][9] 9. Regulatory Approvals: The merger requires approval from Robex shareholders and regulatory bodies, with a general meeting scheduled for later this year [6][36] 10. Leadership Structure: The board of the merged company will consist of seven directors, with a balanced representation from both companies [7][16] Additional Important Content 1. Exploration Potential: The merger will consolidate two significant gold mines in the Siguri Basin, which is noted for its exploration potential [8][10] 2. Community Impact: The merger aims to drive economic growth in Guinea, enhance local skills, and build lasting partnerships with local communities [29][18] 3. Market Positioning: The combined entity is expected to be eligible for inclusion in multiple market indices, which could enhance its market valuation [17][29] 4. Environmental and Community Engagement: The merged company plans to coordinate environmental efforts and maximize local content across operations [15][18] 5. Future Growth: The merger is positioned as a pathway to becoming one of West Africa's leading gold producers, with a focus on sustainable growth and community benefits [29][18]