 Galiano Gold Inc. Galiano or the Company TSX: GAU NYSE American: GAU formerly Asanko Gold Inc. is pleased to announce that it has entered into an At-The-Market Offering Agreement dated June 25, 2020 the ATM Agreement with H.C. Wainwright Co. the Lead Agent and Cormark Securities as co-agent together with the Lead Agent, the Agents. Under the ATM Agreement the Company may, at its discretion and from time-to-time during the term of the ATM Agreement, sell, through the Lead Agent, common shares of the Company the Common Shares for aggregate gross proceeds to the Company of up to US50.0 million the Offering. Sales of Common Shares will be made through at-the-market distributions as defined in the Canadian Securities Administrators National Instrument 44-102 - Shelf Distributions, including sales made directly on the NYSE American stock exchange the NYSE American, or any other recognized trading market upon which the Common Shares are listed or quoted in the United States. No offers or sales of Common Shares will be made in Canada on the Toronto Stock Exchange the TSX or other trading markets in Canada. The Company will pay the Agents a commission of 3.0 of the aggregate gross proceeds from each sale of Common Shares and has agreed to provide the Agents with customary indemnification and contribution rights. The Company will also reimburse the Agents for certain specified expenses in connection with the ATM Agreement. 