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The filed complaint alleges that Galiano Gold Inc. made materially false and/or misleading statements and/or failed to disclose that: Galiano issued a press release on September 9, 2025, describing "an incident that occurred at its Asanko Gold Mine" in Ghana, which "involved a confrontation between community members and military personnel on the Company's operating concessions[.]" Galiano stated that "[t]ensions escalated within the local community, leading to civil unrest, including a fatality and damage to contractor equipment." Following this news, Galiano's stock price fell over 7% on September 10, 2025.
In order to be eligible to join the GAU class action lawsuit, you must have incurred a loss on shares of Galiano Gold Inc. purchased during the class period listed above.
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