Valiant Gold lists after $75M IPO as gold prices remain elevated
Valiant Gold was demerged from Westgold Resources and began trading on 27 March 2026 after an oversubscribed IPO raising $75 million via 300 million shares at $0.25. Westgold kept about a 44% stake under a 24-month escrow. Using inherited brownfields leases and approvals plus IPO cash, Valiant plans dewatering, drilling and resource upgrades, but remains pre-revenue and dependent on approvals for restart at Comet and/or Reedy.