
PDI Gold officially changed its name from Predictive Discovery and will consolidate shares 5:1 after shareholder approval. The new name takes effect Sept. 9 on the ASX, aligned with the TSX.
PIMCO Dynamic Income Fund currently carries an Alpha Score of n/a, giving AlphaScala's model a neutral read on the setup.
PDI Gold has officially changed its name from Predictive Discovery Limited and will consolidate its shares 5:1, moves shareholders approved at a general meeting last week.
The Australian Securities and Investments Commission has registered the name change to PDI Gold Limited. The new name takes effect on the Australian Securities Exchange from market open on Sept. 9, which the company expects to align with the Toronto Stock Exchange. The ticker code PDI stays the same on both exchanges.
The company has set up a new website at www.pdigold.com with information on its projects and investor materials.
Every five existing securities will consolidate into one. On the ASX, shares are expected to trade on a post-consolidation basis from Sept. 9. The TSX consolidation is expected effective Thursday, Aug. 27.
PDI Gold is a West African gold producer. Its Kiniero Gold Mine in Guinea started production in late 2025. The Nampala Gold Mine in Mali has been running since 2017. Those two assets generate cash flow while the company advances the Bankan Gold Project in Guinea, which it calls a Tier-1 development asset and one of the largest undeveloped gold projects in Africa. Bankan is nearing construction-ready status and is expected to produce roughly 250,000 ounces a year over more than 12 years.
Once Bankan is running, the company targets annual production above 400,000 ounces by 2029 from its Guinea mining hub, using the proximity and synergies between Kiniero and Bankan.
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