VANCOUVER, BC, Feb. 21, 2024 /PRNewswire/ - Galiano Gold Inc. ("Galiano" or the "Company") (TSX: GAU) (NYSE American: GAU) is pleased to announce that the Ministry of Lands and Natural Resources of the Republic of Ghana (the "Ministry") has formally notified the Company that it has no objection to the Company becoming the controller of Asanko Gold Ghana Ltd., pursuant to the Company's acquisition of the Gold Fields Limited group's ("Gold Fields") 45% interest in the Asanko Gold Mine (the "AGM") announced on December 21, 2023 (the "Acquisition"). The no objection letter was issued by the Ministry in accordance with Section 52 of the Minerals and Mining Act,2006 (Act 703) and on the advice and recommendation of the Minerals Commission.

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No further regulatory approvals are required in order for the Company and Gold Fields to close the Acquisition and the Company expects to close the Acquisition in Q1 as previously disclosed.

About Galiano Gold Inc.
Galiano is focused on creating a sustainable business capable of value creation for all stakeholders through production, exploration and disciplined deployment of its financial resources. The Company operates and manages the Asanko Gold Mine, which is located in Ghana, West Africa, and jointly owned with Gold Fields. Galiano is committed to the highest standards for environmental management, social responsibility, and the health and safety of its employees and neighbouring communities. For more information, please visit www.galianogold.com.

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