Mr. Nick Brodie reports

GALANE GOLD LTD. PROVIDES UPDATE ON GALAXY GOLD MINING LIMITED ACQUISITION

Galane Gold Ltd. has an update on its previously announced proposed acquisition of Galaxy Gold Mining Ltd. The acquisition of Galaxy is subject to the satisfaction or waiver of various closing conditions including the completion of due diligence by the company and the receipt of various approvals, including the approval of the TSX Venture Exchange. Galane Gold and the majority shareholders of Galaxy are continuing the process of satisfying the conditions precedent and have agreed to extend the closing date to Oct. 15, 2015.

We seek Safe Harbor.