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Galane Gold Ltd. Comments on Market Activity

Corporate Updates

Galane Gold Ltd. Comments on Market Activity

TORONTO, Aug. 14, 2019 -- Galane Gold Ltd. (“Galane Gold” or the “Company”) (TSX-V: GG; OTCQB: GGGOF) is responding

to a request from the Investment Industry Regulatory Organization of Canada, following the trading activity occurring today in

its common shares. The Company is not aware of any corporate developments or other reason for the recent increase in

market activity.

About Galane Gold

Galane Gold is an un-hedged gold producer and explorer with mining operations and exploration tenements in Botswana and

South Africa. Galane Gold is a public company and its shares are quoted on the TSX Venture Exchange under the symbol

“GG” and the OTCQB under the symbol “GGGOF”. Galane Gold’s management team is comprised of senior mining

professionals with extensive experience in managing mining and processing operations and large-scale exploration

programmes. Galane Gold is committed to operating at world-class standards and is focused on the safety of its employees,

respecting the environment, and contributing to the communities in which it operates.

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX

Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information please contact:

Nick Brodie

CEO, Galane Gold Ltd.

+ 44 7905 089878

[email protected]

www.GalaneGold.com