BlackRock Portfolio Management LLC's Schedule 13G Filing for Galiano Gold Inc.

BlackRock Portfolio Management LLC has filed a Schedule 13G with the SEC, disclosing its beneficial ownership of 25,415,083 shares of common stock in Galiano Gold Inc., representing 9.8% of the total outstanding shares. The filing indicates that BlackRock Portfolio Management LLC has sole voting power over 24,415,083 shares and sole dispositive power over all 25,415,083 shares. The filing also notes that the interest of BGF World Gold Fund in Galiano Gold Inc.'s common stock is more than five percent of the total outstanding common stock. The filing is made pursuant to Rule 13d-1(b) and includes certifications that the securities were acquired and are held in the ordinary course of business and not for the purpose of influencing the control of the issuer.