{ "schema_version": "1.0.0", "ticker": "VAL", "company_name": "Valiant Gold Limited", "cutoff_date": "2026-11-01", "reviewed_at": "2026-11-01", "coverage_note": "The 24 September register and separately dated substantial notices are complemented by a 30 September issuer-reported institutional ownership summary. The views may overlap and must not be added.", "register": { "as_of_date": "2026-09-24", "issued_shares": 540000100, "source_ids": [ "annual" ], "holders": [ { "holder_id": "register-01", "name": "BIG BELL GOLD OPERATIONS PTY LTD", "classification": "direct_holder", "shares": 240000100, "percentage": 44.44, "percentage_basis": "issued_shares", "as_of_date": "2026-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "annual" ], "notes": [] }, { "holder_id": "register-02", "name": "HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED", "classification": "nominee_custodian", "shares": 51283488, "percentage": 9.5, "percentage_basis": "issued_shares", "as_of_date": "2026-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "annual" ], "notes": [ "Registered account; no beneficial owner inferred." ] }, { "holder_id": "register-03", "name": "J P MORGAN NOMINEES AUSTRALIA PTY LIMITED", "classification": "nominee_custodian", "shares": 39735377, "percentage": 7.36, "percentage_basis": "issued_shares", "as_of_date": "2026-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "annual" ], "notes": [ "Registered account; no beneficial owner inferred." ] }, { "holder_id": "register-04", "name": "CITICORP NOMINEES PTY LIMITED", "classification": "nominee_custodian", "shares": 16679334, "percentage": 3.09, "percentage_basis": "issued_shares", "as_of_date": "2026-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "annual" ], "notes": [ "Registered account; no beneficial owner inferred." ] }, { "holder_id": "register-05", "name": "BNP PARIBAS NOMINEES PTY LTD ", "classification": "nominee_custodian", "shares": 16343501, "percentage": 3.03, "percentage_basis": "issued_shares", "as_of_date": "2026-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "annual" ], "notes": [ "Registered account; no beneficial owner inferred." ] }, { "holder_id": "register-06", "name": "PALM BEACH NOMINEES PTY LIMITED", "classification": "nominee_custodian", "shares": 9152971, "percentage": 1.69, "percentage_basis": "issued_shares", "as_of_date": "2026-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "annual" ], "notes": [ "Registered account; no beneficial owner inferred." ] }, { "holder_id": "register-07", "name": "UBS NOMINEES PTY LTD", "classification": "nominee_custodian", "shares": 7022671, "percentage": 1.3, "percentage_basis": "issued_shares", "as_of_date": "2026-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "annual" ], "notes": [ "Registered account; no beneficial owner inferred." ] }, { "holder_id": "register-08", "name": "HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED ", "classification": "nominee_custodian", "shares": 5142673, "percentage": 0.95, "percentage_basis": "issued_shares", "as_of_date": "2026-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "annual" ], "notes": [ "Registered account; no beneficial owner inferred." ] }, { "holder_id": "register-09", "name": "MRS IRENE WAI-PING LEE + MISS YVONNE LEE + MR WILSON LEE ", "classification": "direct_holder", "shares": 4813840, "percentage": 0.89, "percentage_basis": "issued_shares", "as_of_date": "2026-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "annual" ], "notes": [] }, { "holder_id": "register-10", "name": "MR BRENDAN GERARD MINEHAN + MRS LYNNE THERESE MINEHAN", "classification": "direct_holder", "shares": 4047201, "percentage": 0.75, "percentage_basis": "issued_shares", "as_of_date": "2026-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "annual" ], "notes": [] }, { "holder_id": "register-11", "name": "QUOTIDIAN NO 2 PTY LTD", "classification": "direct_holder", "shares": 3640000, "percentage": 0.67, "percentage_basis": "issued_shares", "as_of_date": "2026-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "annual" ], "notes": [] }, { "holder_id": "register-12", "name": "MS WAI HENG HO", "classification": "direct_holder", "shares": 3175000, "percentage": 0.59, "percentage_basis": "issued_shares", "as_of_date": "2026-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "annual" ], "notes": [] }, { "holder_id": "register-13", "name": "RICHLINK CAPITAL INVESTMENTS PTY LTD ", "classification": "direct_holder", "shares": 3167000, "percentage": 0.59, "percentage_basis": "issued_shares", "as_of_date": "2026-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "annual" ], "notes": [] }, { "holder_id": "register-14", "name": "WARBONT NOMINEES PTY LTD ", "classification": "nominee_custodian", "shares": 3029515, "percentage": 0.56, "percentage_basis": "issued_shares", "as_of_date": "2026-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "annual" ], "notes": [ "Registered account; no beneficial owner inferred." ] }, { "holder_id": "register-15", "name": "MR PETER FITZGERALD + MS HELEN FITZGERALD + MR ALBERT ALLOO ", "classification": "direct_holder", "shares": 2996333, "percentage": 0.55, "percentage_basis": "issued_shares", "as_of_date": "2026-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "annual" ], "notes": [] }, { "holder_id": "register-16", "name": "MR SHIMING QIAN — rank 16", "classification": "direct_holder", "shares": 2814700, "percentage": 0.52, "percentage_basis": "issued_shares", "as_of_date": "2026-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "annual" ], "notes": [] }, { "holder_id": "register-17", "name": "1215 CAPITAL PTY LTD", "classification": "direct_holder", "shares": 2682260, "percentage": 0.5, "percentage_basis": "issued_shares", "as_of_date": "2026-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "annual" ], "notes": [] }, { "holder_id": "register-18", "name": "MR ERNEST SARONGA MASSAWE", "classification": "direct_holder", "shares": 2150000, "percentage": 0.4, "percentage_basis": "issued_shares", "as_of_date": "2026-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "annual" ], "notes": [] }, { "holder_id": "register-19", "name": "MGL CORP PTY LTD", "classification": "direct_holder", "shares": 1881632, "percentage": 0.35, "percentage_basis": "issued_shares", "as_of_date": "2026-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "annual" ], "notes": [] }, { "holder_id": "register-20", "name": "MR SHIMING QIAN — rank 20", "classification": "direct_holder", "shares": 1660000, "percentage": 0.31, "percentage_basis": "issued_shares", "as_of_date": "2026-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "annual" ], "notes": [] } ] }, "substantial_holders": [ { "holder_id": "westgold", "name": "Westgold Resources Limited and Big Bell Gold Operations Pty Ltd", "classification": "reporting_group", "shares": 240000100, "percentage": 44.44, "percentage_basis": "voting_power", "as_of_date": "2026-03-19", "investor_id": null, "identity_note": null, "source_ids": [ "westgold", "presentation-oct29" ], "notes": [ "Big Bell is registered holder and Westgold its controller; do not add their overlapping interests.", "Issuer presentation reports 44.4% at 30 September 2026, rounded; it does not give a separate quantity or define its percentage basis. The table retains the formal notice date and precise disclosed voting power." ], "caveat": "Formal notice is historical; issuer reported a rounded figure at 30 September 2026." }, { "holder_id": "franklin", "name": "Franklin Resources, Inc. and affiliates", "classification": "reporting_group", "shares": 27403800, "percentage": 5.07, "percentage_basis": "voting_power", "as_of_date": "2026-08-07", "investor_id": null, "identity_note": null, "source_ids": [ "franklin", "presentation-oct29" ], "notes": [ "Reporting group relevant interest; may overlap nominee accounts.", "Issuer presentation reports 5.1% at 30 September 2026, rounded; it does not give a separate quantity or define its percentage basis. The table retains the formal notice date and precise disclosed voting power." ], "caveat": "Formal notice is historical; issuer reported a rounded figure at 30 September 2026." } ], "sources": [ { "source_id": "annual", "title": "Annual Report 2026", "publisher": "Valiant Gold via ASX", "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03141442-6A1346327", "publication_date": "2026-09-29", "accessed_date": "2026-10-31", "locator": "PDF pages 45–46", "detail": "20 registered accounts as of 24 September 2026 and substantial-holder summary." }, { "source_id": "westgold", "title": "Westgold initial substantial-holder notice", "publisher": "Westgold via ASX", "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03072958-6A1318206", "publication_date": "2026-03-27", "accessed_date": "2026-10-31", "locator": "page 1", "detail": "240,000,100 shares and 44.44% voting power at 19 March 2026." }, { "source_id": "franklin", "title": "Franklin initial substantial-holder notice", "publisher": "Franklin Resources via ASX", "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03119713-6A1338030", "publication_date": "2026-08-11", "accessed_date": "2026-10-31", "locator": "page 1", "detail": "27,403,800 shares and 5.07% voting power at 7 August 2026." }, { "source_id": "restriction", "title": "Valiant substantial-holder notice", "publisher": "Valiant Gold via ASX", "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03072959-6A1318207", "publication_date": "2026-03-27", "accessed_date": "2026-10-31", "locator": "page 1", "detail": "Valiant discloses restrictions over Big Bell shares; it has no rights of acquisition or voting over them." }, { "source_id": "presentation-oct29", "title": "Corporate Presentation for Southwest Connect", "publisher": "Valiant Gold via ASX", "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03155135-6A1352347", "publication_date": "2026-10-29", "accessed_date": "2026-11-01", "locator": "downloads/VAL/2026/2026-10-29_Corporate Presentation for Southwest Connect.pdf, PDF page 3", "detail": "Issuer significant ownership summary, sourced to Nasdaq as at 30 September 2026; rounded percentages, without individual share quantities or defined percentage basis." } ], "limitations": [ "Registered nominee accounts conceal underlying beneficial owners.", "Issuer’s separate notice reports restrictions on the same Big Bell shares; it is not an additional 44.44% holding and confers no voting rights.", "Two accounts with the same Mr Shiming Qian name appear as separate ranks in the issuer table.", "Later trades below disclosure thresholds can change ownership without new notices.", "The 30 September Nasdaq-sourced issuer summary reports rounded percentages but does not define their basis or identify underlying accounts; the five additional investor rows retain null numeric positions." ], "other_investors": [ { "holder_id": "pendal", "name": "Pendal Group", "classification": "unknown", "shares": null, "percentage": null, "percentage_basis": "issued_shares", "as_of_date": "2026-09-30", "investor_id": null, "identity_note": null, "source_ids": [ "presentation-oct29" ], "notes": [ "Issuer presentation, citing Nasdaq, reports 3.5% at 30 September 2026, rounded; it does not disclose the share quantity or define the percentage basis. This summary may overlap registered nominee accounts." ], "caveat": "Rounded issuer summary; the percentage basis and underlying accounts are not specified." }, { "holder_id": "milford", "name": "Milford Asset Management", "classification": "unknown", "shares": null, "percentage": null, "percentage_basis": "issued_shares", "as_of_date": "2026-09-30", "investor_id": null, "identity_note": null, "source_ids": [ "presentation-oct29" ], "notes": [ "Issuer presentation, citing Nasdaq, reports 3.2% at 30 September 2026, rounded; it does not disclose the share quantity or define the percentage basis. This summary may overlap registered nominee accounts." ], "caveat": "Rounded issuer summary; the percentage basis and underlying accounts are not specified." }, { "holder_id": "spheria", "name": "Spheria Asset Management", "classification": "unknown", "shares": null, "percentage": null, "percentage_basis": "issued_shares", "as_of_date": "2026-09-30", "investor_id": null, "identity_note": null, "source_ids": [ "presentation-oct29" ], "notes": [ "Issuer presentation, citing Nasdaq, reports 2.5% at 30 September 2026, rounded; it does not disclose the share quantity or define the percentage basis. This summary may overlap registered nominee accounts." ], "caveat": "Rounded issuer summary; the percentage basis and underlying accounts are not specified." }, { "holder_id": "renaissance", "name": "Renaissance Smaller Companies", "classification": "unknown", "shares": null, "percentage": null, "percentage_basis": "issued_shares", "as_of_date": "2026-09-30", "investor_id": null, "identity_note": null, "source_ids": [ "presentation-oct29" ], "notes": [ "Issuer presentation, citing Nasdaq, reports 2.3% at 30 September 2026, rounded; it does not disclose the share quantity or define the percentage basis. This summary may overlap registered nominee accounts." ], "caveat": "Rounded issuer summary; the percentage basis and underlying accounts are not specified." }, { "holder_id": "ryder", "name": "Ryder Investment Management", "classification": "unknown", "shares": null, "percentage": null, "percentage_basis": "issued_shares", "as_of_date": "2026-09-30", "investor_id": null, "identity_note": null, "source_ids": [ "presentation-oct29" ], "notes": [ "Issuer presentation, citing Nasdaq, reports 2.0% at 30 September 2026, rounded; it does not disclose the share quantity or define the percentage basis. This summary may overlap registered nominee accounts." ], "caveat": "Rounded issuer summary; the percentage basis and underlying accounts are not specified." } ] }