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Seabridge Gold completes spin-out of Valor Gold, transferring Courageous Lake project shares.

Company Fundamentals
03 Jun 2026
Newsfile Corp
View Source
Neutral
pluang ai news

Seabridge Gold has completed the spin-out of Valor Gold by transferring its 100% interest in the Courageous Lake gold project to Valor. Shareholders of Seabridge received new shares in both Seabridge and Valor, with Valor now having 55 million shares outstanding. The old Seabridge shares will be suspended and replaced by new shares trading under the same ticker symbols on the TSX and NYSE starting June 5, 2026. Valor shares will begin trading on the TSX under the symbol VGC, with OTCQB trading to be announced later. This move allows Valor to focus on advancing the Courageous Lake project independently.

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