VANCOUVER, BC / ACCESSWIRE / January 11, 2017 / Galileo Exploration Ltd. (TSX-V: GXL) (the "Company") announces that the Board
of Directors has appointed Mr. Ronald A. Rieder to the position of Chief Executive Officer of the Company. Mr. David Hottman has
resigned as CEO to focus on other ventures and will remain as Chairman and a director of the Company.
Mr. Ronald Rieder is the current President of Galileo Exploration and has over 30 years of corporate finance and business
expertise in strategic resource planning, financing, and corporate communications. As a former President/CEO of Lucky Strike
Uranium Exploration, he assisted in the formation of a four company syndicate to explore over 700,000 acres of prospective land in
the Athabasca Basin of Saskatchewan, Canada. As the former Vice President of Finance for Mineral Mountain Gold, he assisted in
raising in excess of $20 million dollars over a three year period. Mr. Rieder's diverse background and ability to assess projects
will be an asset to the company as it continues to acquire projects and create shareholder value.
"The Company wishes to thank Mr. Hottman for his service as CEO. We are pleased to have his continued contribution as a director
moving forward as we continue to build the company portfolio," says Ronald Rieder, Galileo Explorations' new President and CEO.
ON BEHALF OF GALILEO EXPLORATION LTD.
"Ronald A. Rieder"
Ronald A. Rieder President/CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this News Release. This news release has been prepared by
management and no regulatory authority has approved or disapproved the information contained herein.
For further information contact: Ronald Rieder, CEO at 604-629-1929 E-mail: rrieder@galileoexplorationltd.com
SOURCE: Galileo Exploration Ltd.
