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Valiant Investments Plc (VALP)

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Monday 11 July, 2011

Valiant Investments Plc

Investment And Option Agreement


                                                                   11 July 2011

                                                      GB00B1Z68H24/GBX/PLUS-exn

                            VALIANT INVESTMENTS PLC                            

          INVESTMENT AND OPTION AGREEMENT WITH TRILITH RESOURCES LTD           

Valiant Investments Plc  ("Valiant" or "the Company") is  pleased  to  announce
that  it has  entered  into  an  investment agreement and option agreement with
Trilith Resources Ltd  ("Trilith"), a  newly  formed UK company incorporated to
focus  on the  acquisition,  exploration  and  exploitation of natural resource
projects in Africa, particularly in Zambia and Tanzania, with a principle focus
on gold and copper mineralisation.

THE AGREEMENTS

Under  the investment agreement, Valiant  has agreed to invest up to US$300,000
in Trilith to enable Trilith to secure mineral projects in Africa, particularly
in  Zambia  and  Tanzania,  with  a  focus  on  gold and copper mineralisation.
Valiant's  investment  will  take the  form  of  B  shares in Trilith, with the
investment  of  $300,000  equating  to 30% of the total voting share capital in
Trilith.

The  option  agreement that Valiant has entered into with Trilith gives Valiant
the  option  to acquire the outstanding issued share capital in Trilith that it
does  not  already  own  through the issue of 75,000,000 new ordinary shares in
Valiant.

The option is exercisable by Valiant for a period of 45 days, which period will
commence on the latter of:

 a. the completion of Valiant's investment of $300,000 in Trilith, or
   
 b. the completion of the investment by Trilith of not less than $200,000 in
    natural resource projects and mineral licences in Africa
   
Valiant has already  made the  initial investment of $100,000 from its existing
cash resources.

TRILITH RESOURCES LTD

Trilith  Resources  Ltd is a UK company focused on the acquisition, exploration
and exploitation of natural resource projects in Africa, particularly in Zambia
and  Tanzania,  with  a  principle focus on gold and copper mineralisation. The
sole  director  of  Trilith  is  Mr. Paul  Lemmon,  P. Geo,  FGS, Pr.SCi.Nat, a
seasoned  geologist  with professional registrations in Canada and South Africa,
and  who  is  a  Fellow  of  the  Geological  Society  of  London, as well as a
Professional Graduate of the Institute of Materials, Minerals and Mining in the
UK. Paul  has  substantial  experience  operating  in  a number of countries in
Africa, including  the  Democratic  Republic  of Congo, Mali, Liberia, and most
notably with substantial experience in Zambia and Tanzania.

Trilith has two subsidiary companies, one  domiciled in Zambia and the other in
Tanzania, of which it owns 95% of the issued share capital in each.

CONRAD WINDHAM, CHIEF EXECUTIVE OFFICER, SAID:

"I am delighted  that Valiant has completed these agreements with Trilith. This
is a  transaction that  has  the  potential  to be transformational for Valiant.
Trilith  has  already identified a number of potential projects for acquisition
in  Zambia  and  Tanzania, and  we  therefore expect it to build a portfolio of
projects  in  the  region  in  a  short period of time. We will keep the market
closely informed on all areas of this transaction over the coming weeks."

The  Directors  of  the  Company accept responsibility for the contents of this
announcement.

For further information, please contact:

VALIANT INVESTMENTS PLC

Conrad Windham
Telephone: 020 3130 0674
E-mail: Edd.taylor@btopenworld.com

CORPORATE ADVISOR

St Helens Capital Partners LLP
Guy Miller
Telephone: 020 7368 6959