Disclaimer

Please note that you are now entering a website directly or indirectly maintained by a third party (the "External Site") and that you do so at your own risk.

Galiano Gold Inc. (“Galiano”), has no control over the External Site, any data or other content contained therein or any additional linked websites. The link to the External Site is provided for convenience purposes only.

By clicking “Accept” you acknowledge and agree that neither Galiano nor third party provider Virtua Research, Inc. (“Virtua) is responsible, or accepts or assumes any responsibility or liability whatsoever for, the content, the data or the technical operation of the Linked Site. Further, by entering the External Site, you also acknowledge and agree that you completely and irrevocably waive any and all rights and claims against Galiano and Virtua and further acknowledge and agree that in no event shall Galiano or Virtua, its officers, employees, directors and agents be liable for any (i) indirect, consequential, incidental, special, compensatory or punitive damages, (ii) damages for loss of income, loss of business profits, business interruption, loss of data or business information, loss of or damage to property, (iii) claims of third parties, or (iv) other pecuniary loss, arising out of or related to this disclaimer or the External Site

By entering the External Site, you further acknowledge and agree that the disclaimer of warranties and limitations of liability set out in this disclaimer shall apply regardless of the causes, circumstances or form of action giving rise to the loss, damage, claim or liability, even if such loss, damage, claim or liability is based upon breach of contract (including, without limitation, a claim of fundamental breach or breach of a fundamental term), tort (including, without limitation, negligence), strict liability or any other legal or equitable theory, and even if Galiano and Virtua are advised of the possibility of the loss, damage, claim or liability. The waiver and release specifically includes, without limitation, any and all rights and claims pertaining to the processing of personal data, including but not limited to any rights under any applicable data protection statute(s).

If in any jurisdiction, any part of this disclaimer is held to be unenforceable by a court of competent jurisdiction, such part of this disclaimer shall be restricted or eliminated to the minimum extent and the remaining disclaimer shall otherwise remain in full force and effect.

Please note the information presented is deemed representative at the time of its original release. Changes in historical information may occur due to adjustments in accounting and reporting standards & procedures.

Non-GAAP Information

In addition to disclosing results determined in accordance with GAAP, Galiano may also disclose certain non-GAAP and pro forma non-GAAP results of operations, including certain ratios, operational and miscellaneous data, as well as net income, diluted earnings per share, operating expenses, and operating income that make certain adjustments or exclude certain charges and gains that are outlined in the schedules included in this website. Management believes that this non-GAAP and pro forma non-GAAP information provides investors with additional information to assess Galiano’s operating performance by making certain adjustments or excluding costs or gains and assists investors in comparing our operating performance to prior periods. Management uses this non-GAAP and pro forma non-GAAP information, along with GAAP information, in evaluating its historical operating performance. Galiano and Virtua also take no responsibility for third party pricing data provided for informational purposes and certain ratio results formulated from the provided third party pricing data.

The non-GAAP information is not prepared in accordance with GAAP and may not be comparable to non-GAAP information used by other companies. The non-GAAP information should not be viewed as a substitute for, or superior to, other data prepared in accordance with GAAP.

Communities

At Galiano, we are fully committed to active community engagement programmes and encourage and support charitable donations in the areas of improving health, education and welfare within the stakeholder communities where we work.

We are committed to being a good neighbour to our stakeholder communities. We have an experienced, External Affairs department, based at the Asanko Gold Mine, who are dedicated to building long lasting positive relationships with the local communities.

The AGM’s community investment and social development initiatives create opportunities for increased vocational training, access to education and finance, and support for growing local businesses.

Our community investments are also focused on improving sanitation, health, and community infrastructure. All investments seek to provide benefits that will be sustainable beyond the life of our operations and include contributions by local communities - generally in the form of communal labor - to engender shared responsibility and commitment to the investment.

Our Community Development and Social Investment program is subdivided into four primary categories at the AGM: strategic community investment efforts aimed to build local capacity building, legacy community infrastructure projects, female empowerment efforts, and other community investments focused on larger infrastructure projects.

Stakeholder Engagement

Stakeholder engagement is a daily business practice at every level of our organisation.

Our operations currently support a number of socioeconomic development programs in our stakeholder communities, the majority of which are implemented with local partners.

In 2020, a total of $1.3M was invested in local community development programs and initiatives.

We have also launched a Social Responsibility Fourms which aims to augment existing community investment programs and add further resources for these programs and partnerships.

Our engagement and community development activities focus on better enabling our communities to meet their own long-term needs and aspirations, with close and collaborative relationships essential to ensuring mutual success. We employ people on the ground in all key locations to establish and maintain these relationships and to help our host governments and communities understand our plans and business needs, and for us to understand theirs.

The ‘Asanko Opportunity Cycle’ executes community investment program delivery through strategic and experienced sector partnerships, which leverages the advantage of cost-sharing and also integrates sector expertise and track records of these partners to enhance the success and results of the projects. Initiatives and expenditures must be focused on:

  • Improving living standards (health, water and sanitation, infrastructure, cultural heritage)
  • Access to Education
  • Vocational Training
  • Growing Local Businesses
  • Access to Finance

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