[SCHEDULE 13G/A] Galiano Gold Inc. SEC Filing

Rhea-AI Filing Summary

Galiano Gold (GAU): Schedule 13G/A update — BlackRock Portfolio Management LLC reported beneficial ownership of 34,429,391 shares of common stock, representing 13.3% of the class as of the event date. The filer reports sole voting power over 33,187,529 shares and sole dispositive power over 34,429,391 shares.

The filing is made on a passive basis under Schedule 13G, with a certification that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control. The disclosure notes that one person, BGF World Gold Fund, has an interest in more than five percent of Galiano Gold’s outstanding common stock.

Insights

Equity ownership & disclosure analyst

Passive 13G/A shows a sizable stake at 13.3%.

BlackRock Portfolio Management LLC reports beneficial ownership of 34,429,391 GAU shares, or 13.3%, with sole voting power over 33,187,529 and sole dispositive power over 34,429,391. This is presented on a passive Schedule 13G basis.

The certification indicates ordinary-course investment activity, not aimed at influencing control. The filing also identifies that BGF World Gold Fund holds an interest exceeding five percent of outstanding common stock.

Actual impact depends on future portfolio activity and market liquidity; the disclosure itself does not outline transactions or timelines. Subsequent filings may provide updated ownership figures if positions change.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

GALIANO GOLD INC

(Name of Issuer)

Common Stock

(Title of Class of Securities)

36352H100

(CUSIP Number)

10/31/2025

(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)

SCHEDULE 13G

CUSIP No. 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 33,187,529.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 34,429,391.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

34,429,391.00

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)

13.3 %

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: 680 - 1066 WEST HASTINGS STREET VANCOUVER (n V6E 3X2
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 4.	Ownership
(a)	Amount beneficially owned: 34429391
(b)	Percent of class: 13.3 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 33187529
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 34429391
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
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:	11/06/2025

Exhibit Information

Exhibit 24: Power of Attorney Exhibit 99: Item 7

FAQ

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

The filing reports beneficial ownership of 13.3% of GAU’s common stock.

How many GAU shares are beneficially owned according to the Schedule 13G/A?

BlackRock Portfolio Management LLC reports 34,429,391 shares beneficially owned.

What voting and dispositive powers are reported for GAU shares?

The filer reports sole voting power over 33,187,529 shares and sole dispositive power over 34,429,391 shares.

Is this a passive or active ownership filing for GAU?

It is a passive Schedule 13G/A, with a certification that the holdings are in the ordinary course and not to influence control.

Which other holder related to the filer has more than 5% interest in GAU?

BGF World Gold Fund is identified as having an interest exceeding five percent of GAU’s outstanding common stock.