Proposal To Acquire PDI No Longer Deemed Superior

2025-12-10 10:36:01

(MENAFN- GlobeNewsWire - Nasdaq) Perth, Western Australia, Dec. 11, 2025 (GLOBE NEWSWIRE) -- PERSEUS PROPOSAL TO ACQUIRE PREDICTIVE NO LONGER DEEMED A SUPERIOR PROPOSAL

Perseus Mining Limited (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

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
...
Stephen Forman
Investor Relations
+61 484 036 681
...
Russell Quinn
Sodali – Media
+61 403 322 097
...
Annalise Batchelor
Sodali – Media
+61 432 312 807
...

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