Galiano GOLD Reports Double Fatality at Its Asanko GOLD MINE

GALIANO GOLD REPORTS DOUBLE FATALITY AT ITS

ASANKO GOLD MINE

VANCOUVER, BC

,

Feb. 6, 2023

/CNW/ -

Galiano Gold Inc. ("Galiano" or the "

Company")

(TSX: GAU) (NYSE

American: GAU) deeply regrets to report that two contractors have been fatally injured yesterday following an incident at

the Asanko Gold Mine ("AGM") located in

Ghana

,

West Africa

. The AGM is a 50:50 joint venture ("JV") with Gold Fields

Ltd (JSE: GFI) (NYSE: GFI), which is managed and operated by Galiano.

AGM Emergency Services responded to the incident near the tailings storage facility where two contractors were

pronounced deceased at the scene. The Company is working alongside its contractor to ensure everyone impacted by

the incident is provided the required support and counseling needed during this challenging and difficult time.

"On behalf of

Galiano Gold

, we offer our sincerest condolences to the family, friends, and co-workers of our two

colleagues," said

Matt Badylak

, President and Chief Executive Officer.

The appropriate authorities have been notified and an investigation is underway. Efforts are immediately underway to

further reinforce the sustained Company commitment to Zero Harm and industry best practices in safety culture.

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, located in

Ghana

,

West Africa

, jointly owned with Gold Fields Ltd. 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

.

View original content:

https://www.prnewswire.com/news-releases/galiano-gold-reports-double-fatality-at-its-asanko-gold-mine-301739207.html

SOURCE

Galiano Gold Inc.

View original content:

http://www.newswire.ca/en/releases/archive/February2023/06/c8720.html

%SEDAR: 00015923E

For further information:

Enquiries: Krista Muhr, Toll-Free (N. America): 1-855-246-7341, Telephone: 1-778-239-0446,

Email: [email protected]

CO: Galiano Gold Inc.

CNW 09:00e 06-FEB-23