Mr. Matthew Wilcox reports
NAME CHANGE AND CONSOLIDATION APPROVED
Following shareholder approval obtained at the general meeting on Aug. 21, 2026, Predictive Discovery Ltd.'s name has officially changed to PDI Gold Ltd. with the Australian Securities and Investments Commission.
The name change will be effective on the Australian Securities Exchange (ASX) from market open on Sept. 9, 2026, which is expected to align with the Toronto Stock Exchange.
PDI Gold's ticker code will remain PDI on both the ASX and the TSX.
A new PDI Gold website has been established, which hosts information regarding the company and its projects, together with investor information.
Following approval at the meeting, the company's share capital will be consolidated with every five securities to be consolidated into one security.
Set out below is the indicative timetable for the consolidation on the ASX. The consolidation is expected to be effective on the TSX on Thursday, Aug. 27, 2026.
The above timetable is indicative only and the company reserves the right to vary the timetable subject to compliance with the listing rules.
About PDI Gold
Ltd.
PDI Gold 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.
The company's 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 Gold'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 approximately 250,000 ounces per annum over more than 12 years.
Once Bankan is in production, the company is targeting annual production exceeding 400,000 ounces by 2029 from its low-cost mining hub in Guinea, leveraging the proximity and synergies of the Kiniero and Bankan assets.
PDI Gold's is at a pivotal stage in its evolution, growing into a mid-tier, multimine West African gold producer, with a clear focus on sustainably developing its portfolio to create long-term value for shareholders and stakeholders.
We seek Safe Harbor.
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