Proactive’s Tylah Tully breaks down ‘Just the Facts’ of the latest news from Predictive Discovery Ltd. PDI has secured binding commitments from the Lundin Family and Zijin Mining Group for a strategic private placement, raising approximately A$69.2 million at an issue price of A$0.265 per share. The Lundin Family will invest A$45.1 million for a 6.5% shareholding, while Zijin Mining Group will contribute A$24.1 million for a 3.5% stake. Following the completion of the placement, Predictive Discovery will have a pro-forma cash balance of A$98 million before costs. The funds will be directed towards advancing the definitive feasibility study for the Bankan Gold Project in Guinea, supporting environmental and social programs, continuing regional exploration, and initiating early development activities. The company has expressed its appreciation for the new strategic shareholders, stating that their investment reflects confidence in the quality of the Bankan Gold Project and PDI’s progress in developing it into a tier-1 gold mine. This capital raise will provide PDI with a strong financial foundation to accelerate project development, conduct selected early works, and continue regional exploration programs. #PredictiveDiscovery #BankanGoldProject #GoldMining #MiningInvestment #LundinFamily #ZijinMining #GoldExploration #DefinitiveFeasibilityStudy #GuineaMining #ResourceDevelopment #GoldProduction #FeasibilityStudy #MiningFinance #ExplorationFunding #GoldProject #MiningNews #MiningSector #ResourceExploration #MineralDevelopment #MiningIndustry