SCHEDULE 13G/A 0000919574-24-006315 0001280493 XXXXXXXX LIVE 10 Common Shares, no par value 06/30/2025 0001377757 Galiano Gold Inc. 36352H100 680-1066 West Hastings Street Suite 1640 Vancouver A1 V6E 3X2 Rule 13d-1(c) Sun Valley Gold LLC b DE 0.00 7150507.00 0.00 7150507.00 7150507.00 N 2.8 IA Pamedo Holdings LLLP b NV 0.00 7150507.00 0.00 7150507.00 7150507.00 N 2.8 PN Peter F. Palmedo b X1 0.00 7150507.00 0.00 7150507.00 7150507.00 N 2.8 IN Galiano Gold Inc. 680 - 1066 West Hastings Street, Suite 1640, Vancouver, British Columbia, Canada V6E 3X2 Sun Valley Gold LLC Palmedo Holdings LLLP Peter F. Palmedo Sun Valley Gold LLC 620 Sun Valley Road, 2nd Floor P.O. Box 2211 Ketchum, ID 83340 Palmedo Holdings LLLP 620 Sun Valley Road, 2nd Floor P.O. Box 2211 Ketchum, ID 83340 Peter F. Palmedo 620 Sun Valley Road, 2nd Floor P.O. Box 2211 Ketchum, ID 83340 Sun Valley Gold LLC - Delaware Palmedo Holdings LLLP - Other - Nevada Peter F. Palmedo - United States Y Sun Valley Gold LLC - 7,150,507 Palmedo Holdings LLLP - 7,150,507 Peter F. Palmedo - 7,150,507 Sun Valley Gold LLC - 2.8% Palmedo Holdings LLLP - 2.8% Peter F. Palmedo - 2.8% Sun Valley Gold LLC - 0 Palmedo Holdings LLLP - 0 Peter F. Palmedo - 0 Sun Valley Gold LLC - 7,150,507 Palmedo Holdings LLLP - 7,150,507 Peter F. Palmedo - 7,150,507 Sun Valley Gold LLC - 0 Palmedo Holdings LLLP - 0 Peter F. Palmedo - 0 Sun Valley Gold LLC - 7,150,507 Palmedo Holdings LLLP - 7,150,507 Peter F. Palmedo - 7,150,507 N Y N All of the securities reported in this Schedule 13G are directly owned by advisory clients of Sun Valley Gold LLC. None of those advisory clients may be deemed to beneficially own more than 5% of the Common Shares, no par value. N Please see Exhibit B attached hereto. Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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. [Exhibit A - Joint Filing Agreement] [Exhibit B - Control Person Identification] Sun Valley Gold LLC /s/ Peter F. Palmedo 08/13/2025 Pamedo Holdings LLLP /s/ Peter F. Palmedo 08/13/2025 Peter F. Palmedo /s/ Peter F. Palmedo 08/13/2025 * Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his, her or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. To the extent that "ownership of 5 percent or less of a class" was indicated in Item 5, such response only applies to the Reporting Person(s) that indicated elsewhere herein that it beneficially owns five percent (5%) or less of the class.