QUEBEC CITY, July 21, 2026 (GLOBE NEWSWIRE) -- Predictive Discovery Limited (ASX:PDI, TSX:PDI) (“PDI” or the “Company”) advises that it will seek approval to change its name to “PDI Gold Limited” and consolidate its capital. The ASX and TSX ticker code “PDI” will remain unchanged.
PDI will seek shareholder approval at a General Meeting of Shareholders to be held on 21 August 2026, to consolidate the issued capital of the Company through the conversion of every five (5) existing shares into one (1) share (the “Consolidation”). All securities in the Company, including Shares, Options, Warrants, DSUs, and Performance Rights will be consolidated on the same basis.
The Consolidation is proposed by the Company to reduce the total number of outstanding securities on issue and to provide a more appropriate capital and share price structure for a company of PDI’s scale and nature.
The Consolidation will apply equally to all shareholders and as such the shareholders’ proportional interest in the Company’s issued capital will remain unchanged (other than minor variations resulting from the rounding of fractional shareholdings).
The PDI Board unanimously recommend that shareholders vote FOR the proposed name change and the Consolidation.
Details of the approvals including the name change and Consolidation timetable are contained in a notice of meeting and letter to shareholders released today and remain subject to any further required approvals of the TSX and ASX.
This announcement is authorised for release by the PDI Board of Directors.
Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information visit our website at www.predictivediscovery.com or contact:
| Investor Enquiries | Media Enquiries |
| Matthew Wilcox | Nathan Ryan |
| CEO & Managing Director | NWR Communications |
| E: info@predictivediscovery.com | E: nathan.ryan@nwrcommunications.com.au |
| P: +61 8 9216 1000 | P: +61 420 582 887 |
ABOUT PREDICTIVE DISCOVERY
PDI is a leading West African gold production and development company, combining a portfolio of high quality assets with a proven execution capability and strong financial platform.
PDI asset portfolio is anchored by the Kiniero Gold Mine in Guinea, which commenced production in late 2025, and the Nampala Gold Mine in Mali, which has been operating since 2017. These production assets provide momentum and strong cash flows as the Company advances its growth plans.
PDI’s long-life growth asset is the Tier-1 Bankan Gold Project in Guinea, one of the largest undeveloped gold projects in Africa. Bankan is approaching construction-ready status with expected production of ~250,000oz per annum over more than 12 years.
Once Bankan is in production, PDI is targeting annual production exceeding 400,000oz by 2029 from its low-cost mining hub in Guinea, leveraging the proximity and synergies of the Kiniero and Bankan assets.
PDI is at a pivotal stage in its evolution, growing into a mid-tier, multi-mine West African gold producer, with a clear focus on sustainably developing its portfolio to create long-term value for shareholders and stakeholders.
