MARKET WIRE NEWS

Receipt of Superior Proposal from Predictive Discovery Limited

MWN-AI** Summary

Robex Resources Inc. announced on December 2, 2025, that it has received formal notification from Predictive Discovery Limited (PDI) regarding an unsolicited proposal from Perseus Mining Limited. The PDI Board characterized this proposal as a "Superior Proposal" under the terms established in their Arrangement Agreement with Robex, dated October 5, 2025. This development grants Robex a designated five-business-day matching period, allowing the company the opportunity to present a matching or superior proposal of its own.

The matching period began immediately upon notification and will conclude at 11:59 p.m. EST on December 10, 2025, which translates to 12:59 p.m. AWST on December 11, 2025. In light of this unsolicited bid, Robex's Board of Directors is currently assessing its options to determine the best course of action, emphasizing the company’s commitment to prioritizing the interests of its shareholders.

While the situation is dynamic, shareholders are advised that no immediate action is required on their part. Robex has promised to keep stakeholders informed and will provide necessary updates as developments unfold. The announcement was made public by Managing Director Matthew Wilcox, with CFO Alain William also involved in communications.

Importantly, the TSX Venture Exchange and its Regulation Services Provider disclaim any responsibility for the adequacy or accuracy of this release. For further inquiries, Robex has provided contact details for those interested in additional information. As this situation evolves, Robex's approach will be closely monitored by investors as they await further disclosures regarding its response to the competing proposal from Perseus Mining Limited.

MWN-AI** Analysis

The recent announcement from Robex Resources Inc. regarding the receipt of a superior proposal from Perseus Mining Limited, as noted by Predictive Discovery Limited, introduces a pivotal moment for investors and stakeholders. The five-day matching period opens critical strategic options for Robex, presenting both opportunities and challenges.

In the current market environment, the timing of this announcement could be crucial. Robex's management has indicated their commitment to act in the best interests of shareholders, which could signal potential negotiations to enhance shareholder value. Investors should monitor how the Robex Board evaluates the situation, particularly whether they will match or submit a superior proposal. The uncertainty surrounding this decision can impact market sentiment and stock volatility.

For investors holding positions in Robex or those considering entry, it is advisable to take a cautious approach. Keeping track of developments within the matching period, which expires on December 10, 2025, is key. The Board’s response could reshape the company's future trajectory and its valuation in the marketplace.

Additionally, it’s important to consider the competitive landscape. Perseus Mining has positioned itself as a credible challenger, which may suggest underlying strengths or growth prospects that could entice Robex shareholders. Should Robex choose not to match the proposal, it may face significant implications for shareholder confidence and market perception.

Overall, investors should remain vigilant, assessing not only the potential outcomes of this announcement but also how it aligns with broader market trends in the mining sector. Active monitoring of news releases and analyst commentary during this critical period will be essential for making informed investment decisions.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

QUEBEC CITY, Dec. 02, 2025 (GLOBE NEWSWIRE) -- Robex Resources Inc. (“Robex”) advises that it has received formal notice from Predictive Discovery Limited (“PDI”) that the PDI Board has determined an unsolicited proposal from Perseus Mining Limited constitutes a Superior Proposal under the terms of the Arrangement Agreement between Robex and PDI dated 5 October 2025.

In accordance with the Arrangement Agreement, Robex has a five business day matching period during which it may elect to offer a matching or superior proposal. This period commenced today and will expire at 11:59 p.m. EST on 10 December 2025 (12:59 p.m. AWST on 11 December 2025).

The Robex Board of Directors is currently evaluating its options in response to this development.

Robex remains committed to acting in the best interests of its shareholders and the company and will provide further updates as appropriate. Shareholders are not required to take any action at this time.

This announcement was approved by the Managing Director.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Robex Resources Inc.
Matthew Wilcox, Managing Director and Chief Executive Officer
Alain William, Chief Financial Officer
Email: investor@robexgold.com
www.robexgold.com

Investors and Media:
Nathan Ryan
NWR Communications
+61 420 582 887
nathan.ryan@nwrcommunications.com.au


FAQ**

How is Robex Resources Inc. RBX:CC planning to evaluate the unsolicited proposal from Perseus Mining Limited, considering it has been deemed a Superior Proposal by the PDI Board?

Robex Resources Inc. (RBX:CC) will assess the unsolicited proposal from Perseus Mining Limited, recognized as a Superior Proposal by the PDI Board, by thoroughly reviewing its financial terms, strategic alignment, and potential impact on shareholder value.

What factors will the Robex Resources Inc. RBX:CC Board of Directors consider while determining a matching or superior proposal during the five business day matching period?

The Robex Resources Inc. RBX:CC Board of Directors will consider factors such as financial terms, strategic alignment, potential risks, regulatory implications, shareholder value, and the feasibility of the competing proposal while determining a matching or superior proposal.

How might the outcome of this unsolicited proposal affect the future strategic direction and operations of Robex Resources Inc. RBX:CC?

The outcome of the unsolicited proposal could significantly influence Robex Resources Inc.'s strategic direction and operations by prompting a reevaluation of its growth plans, resource allocation, and potential partnerships, thereby shaping its competitive positioning in the mining sector.

Can shareholders expect transparent updates from Robex Resources Inc. RBX:CC throughout the evaluation process in light of the recent developments regarding the proposal from Perseus Mining Limited?

Yes, shareholders can reasonably expect transparent updates from Robex Resources Inc. (RBX:CC) throughout the evaluation process, especially given the recent developments surrounding the proposal from Perseus Mining Limited.

**MWN-AI FAQ is based on asking OpenAI questions about Resources Robex Inc (OTC: RSRBF).

Resources Robex Inc

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