07:13 AM EDT, 03/13/2026 (MT Newswires) -- Westgold Resources ( WGXRF ) after markets closed on Thursday announced the completion of the Reedy and Comet Projects divestment to Valiant Gold Limited.

The company also confirmed that Valiant accepted applications totalling AU$75 million, before costs, under its initial public offering (IPO Offer) under Valiant's Prospectus and Supplementary Prospectus dated and lodged with the Australian Securities and Investments Commission on Feb.16, 2026, and Feb. 20, 2026, respectively, and in connection with Valiant's application for admission to the official list of the Australian Securities Exchange (ASX).

"Valiant's application for admission to the official list of the ASX remains subject to Valiant satisfying the conditions for listing and quotation to ASX's satisfaction," said the company.

The company added that it expects commencement of trading of Valiant shares on ASX on a normal settlement basis on March 27, 2026.