BlackRock reports 8.1% Galiano Gold stake

Rhea-AI Filing Summary

Galiano Gold Inc. (GAU) is the subject of this amended Schedule 13G in which BlackRock Portfolio Management LLC reports beneficial ownership of 21,062,752 shares of Galiano Gold common stock, representing 8.1% of the class as reflected on the cover page dated August 31, 2026.

BlackRock Portfolio Management LLC reports sole voting power over 20,426,183 shares and sole dispositive power over 21,062,752 shares, with no shared voting or dispositive power. The filing notes that the interest of one underlying holder, BGF World Gold Fund, in Galiano Gold common stock exceeds five percent of the total outstanding common stock.

Key Figures

Beneficially owned shares: 21,062,752 shares Percent of class owned: 8.1% Sole voting power: 20,426,183 shares +4 more

7 metrics

Beneficially owned shares 21,062,752 shares Common stock of Galiano Gold Inc. reported by BlackRock Portfolio Management LLC

Percent of class owned 8.1% Portion of Galiano Gold Inc. common stock beneficially owned

Sole voting power 20,426,183 shares Shares for which BlackRock Portfolio Management LLC has sole power to vote

Shared voting power 0 shares Shares for which voting power is shared

Sole dispositive power 21,062,752 shares Shares for which BlackRock Portfolio Management LLC has sole power to dispose

Shared dispositive power 0 shares Shares for which dispositive power is shared

Cover page date August 31, 2026 Date shown with the CUSIP and issuer information

Key Terms

beneficially owned, Sole Voting Power, dispositive power, Power of Attorney, +1 more

5 terms

beneficially owned financial

"reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Sole Voting Power financial

"Sole Voting Power 20,426,183.00 6 | Shared Voting Power 0.00"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

dispositive power financial

"Sole Dispositive Power 21,062,752.00 8 | Shared Dispositive Power 0.00"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

Power of Attorney regulatory

"Exhibit 24: Power of Attorney Exhibit 99: Item 7"

A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.

Schedule 13G regulatory

"In accordance with SEC Release No. 34-39538 (January 12, 1998), this reflects the securities"

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

FAQ

What percentage of Galiano Gold Inc. (GAU) does BlackRock Portfolio Management LLC report owning?

BlackRock Portfolio Management LLC reports beneficial ownership of 8.1% of Galiano Gold Inc.’s common stock, as stated under Item 4(b) Percent of class.

How many GAU shares does BlackRock Portfolio Management LLC beneficially own according to this Schedule 13G/A?

BlackRock Portfolio Management LLC reports beneficial ownership of 21,062,752 shares of Galiano Gold Inc. common stock, as disclosed in Item 4(a).

What voting power over Galiano Gold Inc. (GAU) shares does BlackRock Portfolio Management LLC report?

BlackRock Portfolio Management LLC reports sole voting power over 20,426,183 shares and no shared voting power, as disclosed in Item 4(c)(i) and (ii).

What dispositive power over GAU shares is reported in this filing?

The filer reports sole dispositive power over 21,062,752 shares and no shared dispositive power in Item 4(c)(iii) and (iv) for Galiano Gold Inc. common stock.

Which underlying holder related to this 13G/A owns more than 5% of Galiano Gold Inc.?

Item 6 states that the interest of BGF World Gold Fund in the common stock of Galiano Gold Inc. is more than five percent of the total outstanding common stock.

Who signed this amended Schedule 13G/A for BlackRock Portfolio Management LLC?

The filing is signed by Spencer Fleming, identified as Managing Director, dated September 4, 2026.

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Available on EDGAR 09/04/2026 - 02:40 PM Accepted by SEC EDGAR 09/04/2026 - 02:39 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Galiano Gold Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

36352H100

(CUSIP Number)

08/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 36352H100

1

Names of Reporting Persons

BlackRock Portfolio Management LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 20,426,183.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 21,062,752.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

21,062,752.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

8.1 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Galiano Gold Inc.
(b)	Address of issuer's principal executive offices: 1640 - 1066 WEST HASTINGS STREET, VANCOUVER, BRITISH COLUMBIA, CANADA, V6E 3X1
Item 2.
(a)	Name of person filing: BlackRock Portfolio Management LLC In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units (collectively, the "Reporting Business Units") of BlackRock, Inc. and its subsidiaries and affiliates. It does not include securities, if any, beneficially owned by other business units whose beneficial ownership of securities are disaggregated from that of the Reporting Business Units in accordance with such release.
(b)	Address or principal business office or, if none, residence: BlackRock Portfolio Management LLC, 50 Hudson Yards New York, NY 10001
(c)	Citizenship: See Item 4 of Cover Page
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 36352H100
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 21,062,752
(b)	Percent of class: 8.1%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 20,426,183
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 21,062,752
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The interest of 1 such person, BGF World Gold Fund, in the common stock of GALIANO GOLD INC is more than five percent of the total outstanding common stock.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit 99
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

BlackRock Portfolio Management LLC

Signature:	Spencer Fleming
Name/Title:	Managing Director
Date:	09/04/2026

Exhibit Information

Exhibit 24: Power of Attorney Exhibit 99: Item 7