Proposal to Acquire PDI No Longer Deemed Superior
Perth, Dec. 11, 2025 - PERSEUS PROPOSAL TO ACQUIRE PREDICTIVE NO LONGER DEEMED A SUPERIOR PROPOSAL
Perseus Mining Ltd. (ASX/TSX: PRU) (Perseus or the Company) has taken note of the ASX release by Predictive Discovery Limited (Predictive) that a revised Arrangement Agreement has been received from Robex Resources Inc. (Robex) which has been determined by the Predictive Board as having matched under Robex's matching right (as per the terms of the Arrangement Agreement between Robex and Predictive dated 5 October 2025).
As such, the Perseus binding offer for Predictive (as announced to the ASX on 3 December 2025) which was subject to Robex not successfully executing its matching right, is terminated.
This announcement was approved for release by Craig Jones, the Managing Director and Chief Executive Officer of Perseus
| ASX/TSX CODE: PRU CAPITAL STRUCTURE: Ordinary shares: 1,351,230,319 Performance rights: 8,990,768 REGISTERED OFFICE: Level 2 437 Roberts Road Subiaco WA 6008 Telephone: +61 8 6144 1700 www.perseusmining.com | DIRECTORS: Rick Menell Non-Executive Chairman Craig Jones Managing Director & CEO Amber Banfield Non-Executive Director Elissa Cornelius Non-Executive Director Dan Lougher Non-Executive Director John McGloin Non-Executive Director James Rutherford Non-Executive Director | CONTACTS: Craig Jones Managing Director & CEO craig.jones@perseusmining.com Stephen Forman Investor Relations +61 484 036 681 stephen.forman@perseusmining.com Russell Quinn Sodali - Media +61 403 322 097 russell.quinn@sodali.com Annalise Batchelor Sodali - Media +61 432 312 807 annalise.batchelor@sodali.com |
