GAU Galiano Gold Inc

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM SD

Specialized Disclosure Report

GALIANO GOLD INC.

(Exact name of registrant as specified in its charter)

British Columbia, Canada	001-33580	Not applicable
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(IRS Employer Identification No.)

Suite 1640, 1066 West Hastings Street Vancouver, British Columbia, Canada	V6E 3X1
(Address of principal executive offices)	(Zip Code)

Matthew Freeman

Galiano Gold Inc.

(604) 416-3618

(Name and telephone number, including area code, of person to contact in connection with this report)

Check the appropriate box to indicate the rule pursuant to which this form is being filed, and provide the period to which the information in this form applies:

☐ Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, ___________.

☒ Rule 13q-1 under the Securities Exchange Act (17 CFR 240.13q-1) for the fiscal year ended December 31, 2023.

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SECTION 1 - CONFLICT MINERALS DISCLOSURE

Item 1.01 - Conflict Minerals Disclosure and Report

Not applicable

Item 1.02 - Exhibit

Not applicable

SECTION 2 - RESOURCE EXTRACTION ISSUER DISCLOSURE

Item 2.01 Resource Extraction Issuer Disclosure and Report

Galiano Gold Inc. ("Galiano") is subject to Canada's Extractive Sector Transparency Measures Act ("ESTMA"). Galiano is relying on the alternative reporting provision of Item 2.01 and providing its ESTMA report for the year ended December 31, 2023 to satisfy the requirements of Item 2.01. Galiano's ESTMA report is available on Galiano's website at https://galianogold.com/investors/reports-and-filings/default.aspx or on the Government of Canada's website at https://natural-resources.canada.ca/our-natural-resources/minerals-mining/services-for-the-mining-industry/extractive-sector-transparency-measures-act/links-estma-reports/18198. The payment disclosure required by Form SD is included as Exhibit 2.01 to this Form SD.

SECTION 3 - EXHIBITS

Item 3.01. Exhibits

The following exhibit is filed as part of this report.

Exhibit Number		Description
2.01		Extractive Sector Transparency Measures Act - Annual Report for the year ended December 31, 2023

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned.

GALIANO GOLD INC.
By:	/s/ Matthew Freeman		September 24, 2024
	Name: Matthew Freeman		(Date)
	Title: Executive Vice President and Chief Financial Officer

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Extractive Sector Transparency Measures Act - Annual Report
Reporting Entity Name	Galiano Gold Inc.
Reporting Year	From	1/1/2023	To:	12/31/2023	Date submitted	5/29/2024
Reporting Entity ESTMA Identification Number	E322718		Original Submission  Amended Report
Other Subsidiaries Included (optional field)
Not Consolidated
Not Substituted
Attestation by Reporting Entity
In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.
Full Name of Director or Officer of Reporting Entity	Matthew Freeman				Date	5/29/2024
Position Title	Chief Financial Officer

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Extractive Sector Transparency Measures Act - Annual Report
Reporting Year	From:	1/1/2023	To:	12/31/2023
Reporting Entity Name	Galiano Gold Inc.					Currency of the Report	USD
Reporting Entity ESTMA Identification Number	E322718
Subsidiary Reporting Entities (if necessary)

Payments by Payee
Country	Payee Name1	Departments, Agency, etc… within Payee that Received Payments2	Taxes	Royalties	Fees	Production Entitlements	Bonuses	Dividends	Infrastructure Improvement Payments	Total Amount paid to Payee	Notes34
Ghana	Government of Ghana	Minerals Income Investment Fund		12,888,000						12,888,000	Payments relate to mining royalties.
Ghana	Government of Ghana	Register General Department		752,000						752,000	Payments relate to mining royalties.
Ghana	Government of Ghana	Ghana Revenue Authority	1,854,000	1,162,000						3,016,000	Payments relate to mining royalties and withholding taxes. Amounts denominated in Ghanaian Cedis were translated at rates of between 9.0-11.6 Cedis per USD.
Ghana	Government of Ghana	Minerals Commission			2,257,000					2,257,000	Payments relate to mining and prospecting licenses, mineral rights fees and permits. Amounts denominated in Ghanaian Cedis were translated at rates of between 9.0-11.6 Cedis per USD.
Ghana	Government of Ghana	Ministry of Lands and Natural Resources (Department: Administrator of Stool Lands)			74,000					74,000	Payment relates to surface access rights. Amounts denominated in Ghanaian Cedis were translated at a rate of 10.4 Cedis per USD.
Ghana	Kwabenaso Community								187,000	187,000	Payments relate to construction of classrooms.
Ghana	Kumpese Community								115,000	115,000	Payments relate to construction of toilet facilities.
Ghana	Asuadai Community								162,000	162,000	Payments relate to construction of self-contained apartments.
Additional Notes:	1) All amounts have been reported in United States dollars ("USD").  Amounts paid in currencies other than USD have been translated using the spot rate prevailing at the time of payment. 2) All amounts have been rounded to the nearest USD$1,000. 3) All amounts have been reported on a cash-basis. In-kind payments (i.e. construction of community infrastructure) are reported at cost to construct the underlying assets. 4) Payments in-kind to Kwabenaso, Kumpese and Asuadai Communities related to the construction of classrooms, toilet facilities and self-contained apartments, respectively. The Company has reported these payments in 2023, being the year the projects were handed over to the communities. The reported payments were measured at cost to construct the underlying assets.

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Extractive Sector Transparency Measures Act - Annual Report
Reporting Year	From:	1/1/2023	To:	12/31/2023
Reporting Entity Name	Galiano Gold Inc.					Currency of the Report	USD
Reporting Entity ESTMA Identification Number	E322718
Subsidiary Reporting Entities (if necessary)

Payments by Project
Country	Project Name1	Taxes	Royalties	Fees	Production Entitlements	Bonuses	Dividends	Infrastructure Improvement Payments	Total Amount paid by Project	Notes23
Ghana	Asanko Gold Mine	260,000	14,802,000	2,331,000	-	-	-	464,000	17,857,000	Payments relate to: mining licenses and permits, mineral rights fees, mining royalties, processing fees, sponsorships, community support initiatives and construction of community infrastructure.  Amounts denominated in Ghanaian Cedis were translated at rates of between 9.0-11.6 Cedis per USD.
Ghana	Galiano Gold Inc.	1,594,000	-	-	-	-	-	-	1,594,000	Payments relate to withholding taxes. Amounts denominated in Ghanaian Cedis were translated at rates of between 9.0-11.5 Cedis per USD.
Additional Notes3:	1) All amounts have been reported in United States dollars ("USD").  Amounts paid in currencies other than USD have been translated using the spot rate prevailing at the time of payment. 2) All amounts have been rounded to the nearest USD$1,000. 3) All amounts have been reported on a cash-basis. In-kind payments (i.e. construction of community infrastructure) are reported at cost to construct the underlying assets. 4) Payments in-kind to Kwabenaso, Kumpese and Asuadai Communities related to the construction of classrooms, toilet facilities and self-contained apartments, respectively. The Company has reported these payments in 2023, being the year the projects were handed over to the communities. The reported payments were measured at cost to construct the underlying assets.

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v3.24.3

Document Information	12 Months Ended
	Dec. 31, 2023
Document Information:
Document Type	2.01 SD
Amendment	false
CIK	0001377757
Registrant Name	Galiano Gold Inc.
Period End Date	Dec. 31, 2023
Reporting Currency	USD

v3.24.3

Payments, by Category - USD ($)	Taxes	Royalties	Fees	Infrastructure	Total Payments
Total	$ 1,854,000	$ 14,802,000	$ 2,331,000	$ 464,000	$ 19,451,000

v3.24.3

Payments, by Project - 12 months ended Dec. 31, 2023 - USD ($)	Taxes	Royalties	Fees	Infrastructure	Total Payments
Total	$ 1,854,000	$ 14,802,000	$ 2,331,000	$ 464,000	$ 19,451,000
Asanko Gold Mine
Total	260,000	$ 14,802,000	$ 2,331,000	$ 464,000	17,857,000
Galiano Gold Inc
Total	$ 1,594,000				$ 1,594,000

v3.24.3

Payments, by Government - 12 months ended Dec. 31, 2023 - USD ($)	Taxes	Royalties	Fees	Infrastructure	Total Payments
Total	$ 1,854,000	$ 14,802,000	$ 2,331,000	$ 464,000	$ 19,451,000
GHANA
Total	1,854,000	14,802,000	2,331,000	464,000	19,451,000
GHANA | Asuadai Community
Total				162,000	162,000
GHANA | Ghana Revenue Authority
Total	$ 1,854,000	1,162,000			3,016,000
GHANA | Kumpese Community
Total				115,000	115,000
GHANA | Kwabenaso Community
Total				$ 187,000	187,000
GHANA | Minerals Commission
Total			2,257,000		2,257,000
GHANA | Minerals Income Investment Fund
Total		12,888,000			12,888,000
GHANA | Ministry of Lands and Natural Resources Department Administrator of Stool Lands
Total			$ 74,000		74,000
GHANA | Register General Department
Total		$ 752,000			$ 752,000

v3.24.3

Payments, Details - 12 months ended Dec. 31, 2023 - USD ($)	Amount	Type	Country	Govt.	Project	Resource	Ext. Method
#: 1
	$ 12,888,000	Royalties	GHANA	Minerals Income Investment Fund	Asanko Gold Mine	Gold	Open Pit
#: 2
	752,000	Royalties	GHANA	Register General Department	Asanko Gold Mine	Gold	Open Pit
#: 3
	260,000	Taxes	GHANA	Ghana Revenue Authority	Asanko Gold Mine	Gold	Open Pit
#: 4
	1,594,000	Taxes	GHANA	Ghana Revenue Authority	Galiano Gold Inc	Gold	Open Pit
#: 5
	1,162,000	Royalties	GHANA	Ghana Revenue Authority	Asanko Gold Mine	Gold	Open Pit
#: 6
	2,257,000	Fees	GHANA	Minerals Commission	Asanko Gold Mine	Gold	Open Pit
#: 7
	74,000	Fees	GHANA	Ministry of Lands and Natural Resources Department Administrator of Stool Lands	Asanko Gold Mine	Gold	Open Pit
#: 8
	187,000	Infrastructure	GHANA	Kwabenaso Community	Asanko Gold Mine	Gold	Open Pit
#: 9
	115,000	Infrastructure	GHANA	Kumpese Community	Asanko Gold Mine	Gold	Open Pit
#: 10
	$ 162,000	Infrastructure	GHANA	Asuadai Community	Asanko Gold Mine	Gold	Open Pit

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