GALIANO GOLD INC

Ticker: GAU CUSIP: 36352H100 Class: COM

Ruffer LLP's Holding History (CIK: 0001426859)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 14,305,507 Value ($000) $36,479 Avg Close $2.47 Range $1.94 - $3.12

Q3 2025

Shares 16,611,028 Value ($000) $36,172 Avg Close $1.87 Range $1.26 - $2.72

Q2 2025

Shares 18,943,252 Value ($000) $24,093 Avg Close $1.36 Range $1.00 - $1.66

Q1 2025

Shares 18,943,252 Value ($000) $23,307 Avg Close $1.23 Range $1.07 - $1.43

Q4 2024

Shares 18,438,262 Value ($000) $22,960 Avg Close $1.44 Range $1.19 - $1.85

Q3 2024

Shares 17,599,962 Value ($000) $24,802 Avg Close $1.60 Range $1.24 - $2.00

Q2 2024

Shares 17,340,962 Value ($000) $29,736 Avg Close $1.63 Range $1.31 - $1.90

Q1 2024

Shares 24,289,459 Value ($000) $33,466 Avg Close $1.02 Range $0.80 - $1.41

Q4 2023

Shares 26,378,459 Value ($000) $24,991 Avg Close $0.62 Range $0.52 - $1.00

Q3 2023

Shares 26,378,459 Value ($000) $15,942 Avg Close $0.62 Range $0.55 - $0.71

Q2 2023

Shares 26,378,459 Value ($000) $15,835 Avg Close $0.63 Range $0.54 - $0.74

Q1 2023

Shares 26,378,459 Value ($000) $15,326 Avg Close $0.55 Range $0.46 - $0.63

Q4 2022

Shares 26,378,459 Value ($000) $13,863 Avg Close $0.53 Range $0.42 - $0.60

Q3 2022

Shares 26,378,459 Value ($000) $12,762 Avg Close $0.45 Range $0.36 - $0.53

Q2 2022

Shares 26,378,459 Value ($000) $10,446 Avg Close $0.45 Range $0.36 - $0.55

Q1 2022

Shares 26,378,459 Value ($000) $14,878 Avg Close $0.66 Range $0.52 - $0.80

Q4 2021

Shares 26,378,459 Value ($000) $18,587 Avg Close $0.77 Range $0.61 - $0.90

Q3 2021

Shares 26,378,459 Value ($000) $19,100 Avg Close $0.89 Range $0.66 - $1.12

Q2 2021

Shares 26,378,459 Value ($000) $28,309 Avg Close $1.22 Range $1.03 - $1.41

Q1 2021

Shares 26,822,077 Value ($000) $29,694 Avg Close $1.19 Range $1.01 - $1.44

Q4 2020

Shares 27,014,416 Value ($000) $31,217 Avg Close $1.27 Range $1.06 - $1.64

Q3 2020

Shares 27,014,416 Value ($000) $37,461 Avg Close $1.59 Range $1.27 - $2.12

Q2 2020

Shares 27,014,416 Value ($000) $37,512 Avg Close $1.12 Range $0.78 - $1.36

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	14,305,507	$36,479	$2.47	$1.94 - $3.12
Q3 2025	16,611,028	$36,172	$1.87	$1.26 - $2.72
Q2 2025	18,943,252	$24,093	$1.36	$1.00 - $1.66
Q1 2025	18,943,252	$23,307	$1.23	$1.07 - $1.43
Q4 2024	18,438,262	$22,960	$1.44	$1.19 - $1.85
Q3 2024	17,599,962	$24,802	$1.60	$1.24 - $2.00
Q2 2024	17,340,962	$29,736	$1.63	$1.31 - $1.90
Q1 2024	24,289,459	$33,466	$1.02	$0.80 - $1.41
Q4 2023	26,378,459	$24,991	$0.62	$0.52 - $1.00
Q3 2023	26,378,459	$15,942	$0.62	$0.55 - $0.71
Q2 2023	26,378,459	$15,835	$0.63	$0.54 - $0.74
Q1 2023	26,378,459	$15,326	$0.55	$0.46 - $0.63
Q4 2022	26,378,459	$13,863	$0.53	$0.42 - $0.60
Q3 2022	26,378,459	$12,762	$0.45	$0.36 - $0.53
Q2 2022	26,378,459	$10,446	$0.45	$0.36 - $0.55
Q1 2022	26,378,459	$14,878	$0.66	$0.52 - $0.80
Q4 2021	26,378,459	$18,587	$0.77	$0.61 - $0.90
Q3 2021	26,378,459	$19,100	$0.89	$0.66 - $1.12
Q2 2021	26,378,459	$28,309	$1.22	$1.03 - $1.41
Q1 2021	26,822,077	$29,694	$1.19	$1.01 - $1.44
Q4 2020	27,014,416	$31,217	$1.27	$1.06 - $1.64
Q3 2020	27,014,416	$37,461	$1.59	$1.27 - $2.12
Q2 2020	27,014,416	$37,512	$1.12	$0.78 - $1.36