Perseus to acquire the remaining 82.2% stake in Predictive for AUD2.1bn.

Perseus, a gold development and exploration company, agreed to acquire the remaining 82.2% stake in Predictive, a gold exploration company, for AUD2.1bn. The Proposed Transaction strengthens Perseus’s position as Predictive’s largest shareholder, enhances its African gold platform, and leverages its proven ability to de-risk and optimise projects like Bankan in Guinea. It is financially compelling, expected to boost earnings, cash flow, and production, while adding significant scale, diversification, and exploration potential. Funded through existing liquidity with no change to capital management, the deal also offers potential value uplift through improved asset quality, mine life, and jurisdictional diversification.