Sun Valley Gold LLC Maintains Significant Stake in Galiano Gold

TL;DR

**Sun Valley Gold still holds Galiano Gold shares, signaling confidence.**

AI Summary

Sun Valley Gold LLC, a Delaware-organized entity, filed an amended Schedule 13G/A on February 5, 2024, indicating its beneficial ownership of Galiano Gold Inc. common shares as of December 31, 2023. This filing updates their previous disclosures, showing their continued significant stake in the gold mining company. This matters to investors because Sun Valley Gold LLC is a major institutional investor, and their continued holding suggests confidence in Galiano Gold's future prospects, potentially influencing other investors' perceptions.

Why It Matters

A major institutional investor like Sun Valley Gold LLC maintaining its position can signal confidence in Galiano Gold Inc., potentially attracting other investors and supporting the stock price.

Risk Assessment

Risk Level: low — This filing is an update on an existing position, not a new acquisition or disposal, indicating stability rather than immediate risk.

Analyst Insight

Investors should note that a significant institutional holder like Sun Valley Gold LLC is maintaining its position, which could be a positive signal, but further due diligence on Galiano Gold's fundamentals is always recommended.

Key Players & Entities

• Sun Valley Gold LLC (company) — the reporting person and beneficial owner
• Galiano Gold Inc. (company) — the subject company whose securities are being reported
• Delaware (company) — place of organization for Sun Valley Gold LLC
• December 31, 2023 (date) — date of event requiring the filing
• February 5, 2024 (date) — date the SC 13G/A was filed

Forward-Looking Statements

• Sun Valley Gold LLC will maintain its significant stake in Galiano Gold Inc. for the foreseeable future. (Sun Valley Gold LLC) — medium confidence, target: Q4 2024

FAQ

Filing Documents

• d10973214_13g-a.htm (SC 13G/A) — 129KB
• 0000919574-24-000672.txt ( ) — 131KB

From the Filing

SC 13G/A 1 d10973214_13g-a.htm UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 8)* Galiano Gold Inc. (Name of Issuer) Common Shares, no par value (Title of Class of Securities) 36352H100 (CUSIP Number) December 31, 2023 (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) [X] Rule 13d-1(c) [_] Rule 13d-1(d) __________ *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 36352H100 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Sun Valley Gold 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 0 6. SHARED VOTING POWER 14,978,090 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 14,978,090 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 14,978,090 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) 6.7% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IA CUSIP No. 36352H100 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Palmedo Holdings LLLP 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 Nevada NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 14,978,090 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 14,978,090 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 14,978,090 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) 6.7% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN CUSIP No. 36352H100 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Peter F. Palmedo 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 United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 14,978,090 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 14,978,090 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 14,978,090 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) 6.7% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN CUSIP No. 36352H100 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Sun Valley Gold Master Fund, Ltd. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 10,349,210 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 10,349,210 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,349,210 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) 4.6% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO CUSIP No. 36352H100 Item 1. (a). Name of Issuer: Galiano Gold Inc. (b). Address of issuer's principal executive offices: 1640 - 1066 West Hastings Street, Suite 1640 Vancouver, British Columbia Canada V6E 3X1 Item 2. (a). Name of person filing: Sun Valley Gold LLC Palmedo Holdings LLLP Peter F. Palmedo Sun Valley Gold Master Fund, Ltd. (b). Address or principal business office or, if none, residence: 620 Sun Valley Road, 2 nd Floor P.O. Box 2211 Ketchum, ID 83340 (c). Citizenship: Sun Valley Gold LLC &ndash

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View this SC 13G/A filing on SEC EDGAR