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Regulatory

Westgold notes Valiant Gold shares begin trading

By The Northwire Desk — AI Analysis Mar 27, 2026 · 04:13 WGX · 5.23 Westgold Resources Limited
WGX · Price

Executive Summary

  • Valiant Gold Ltd. has been admitted to the official list of the Australian Securities Exchange (ASX), with shares commencing trading at 1 p.m. Australian Eastern Daylight Time.
  • Westgold Resources Ltd. retains an equity interest in Valiant Gold, allowing Westgold shareholders to benefit from Valiant's progress.
  • An ore purchase agreement exists between the two entities, providing an early revenue pathway for Valiant and incremental ore feed opportunities for Westgold's processing hubs.

Key Details

  • Listing Event: Valiant Gold Ltd. admitted to the ASX official list.
  • Trading Start: Fully paid ordinary shares expected to commence trading at 1 p.m. Australian Eastern Daylight Time on the date of the release.
  • Strategic Focus: Valiant Gold will focus on advancing the smaller Reedy and Comet gold projects.
  • Westgold Strategy: Westgold continues to focus on scaling value from its larger, core Murchison and Southern Goldfields operations.
  • Commercial Relationship:
    • Westgold retains an equity interest in Valiant Gold.
    • An ore purchase agreement is in place, facilitating early revenue for Valiant and providing incremental ore feed for Westgold's strategic regional processing hubs.

Notable Quotes

  • "Westgold congratulates the Valiant team on the successful listing of Valiant Gold.
  • "Our retained equity interest ensures Westgold shareholders continue to benefit from Valiant's progress whilst the ore purchase agreement provides an early revenue pathway for Valiant and incremental ore feed opportunities for Westgold's strategic regional processing hubs." — Wayne Bramwell, Managing Director and CEO, Westgold Resources Ltd.
Read the original news release →

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