Galiano Gold Announces Passing of COO

Galiano Gold Announces Passing of COO

VANCOUVER, BC

,

July 31, 2020

/CNW/ -

Galiano Gold Inc. ("Galiano" or the "Company")

(TSX:

GAU) (NYSE: GAU)

(formerly Asanko Gold Inc.)

announces with a heavy heart the passing of the

Company's Chief Operating Officer, Mr.

Josephat Zvaipa

, as a result of complications associated

with a COVID-19 infection. The entire

Galiano Gold

and Asanko Gold Ghana family mourns this loss

and we extend our deepest sympathies to Joe's family.

Mr. Zvaipa joined the group in 2014 and had been the Managing Director of Asanko Gold Ghana

Limited from 2015 to mid-2019 during the time that the Asanko Gold Mine was financed, built and

commissioned.

He played a pivotal role in making the Asanko Gold Mine a reality we are all proud of today.

Joe moved to

Johannesburg

to assume the role of Chief Operating Officer of

Galiano Gold

in 2019.

His booming voice, passion and larger than life personality will be sorely missed.

The Asanko Gold Mine Joint Venture will continue to be managed by the Executive Vice-President

and Managing Director of Asanko Gold Ghana, Mr. Fred Attakumah.

About Galiano Gold Inc.

Galiano is focused on creating

a sustainable business capable of long-term value creation for its

stakeholders through organic production growth, exploration and disciplined deployment of its

financial resources. The company currently operates and manages the Asanko Gold Mine, located in

Ghana

,

West Africa

which is jointly owned with Gold Fields Ltd. The Company is strongly committed

to the highest standards for environmental management, social responsibility, and health and safety

for its employees and neighbouring communities. For more information, please visit

www.galianogold.com

.

Neither Toronto Stock Exchange nor the Investment Industry Regulatory Organization of

Canada

accepts responsibility for the adequacy or accuracy of this release

.

View original content:

http://www.prnewswire.com/news-releases/galiano-gold-announces-passing-of-coo-301104155.html

SOURCE

Galiano Gold Inc.

View original content:

http://www.newswire.ca/en/releases/archive/July2020/31/c3062.html

%SEDAR: 00015923E

For further information:

Enquiries: Lynette Gould, SVP Investor Relations, Toll-Free (N. America):

1-855-246-7341, Telephone: 1-778-729-0608, Email: [email protected]

CO: Galiano Gold Inc.

CNW 17:17e 31-JUL-20