GoldON Issues Interest Shares

FOR IMMEDIATE RELEASE

GoldON Issues Interest Shares

VICTORIA, BC, February 5, 2015 – GoldON Resources Ltd. (TSX-V: GLD) (“GoldON” or the “Company”) announced today that, subject to regulatory acceptance, it will issue 101,682 common shares at a price of $0.05 per share to Trelawney Mining and Exploration Inc. (“Trelawney”) in payment of $5,084.08 of semi-annual interest accrued pursuant to its February 2014 promissory note. The interest shares are subject to a four-month hold period.

About GoldON Resources Ltd.

GoldON Resources Ltd. is an exploration company geographically focused on two of the prolific gold mining belts of Ontario, Canada. The Company’s properties include the Slate Falls goldsilver-VMS property in northwestern Ontario, and the Swayze gold project adjoining the multimillion ounce Côté Gold Project owned by Trelawney, a subsidiary of IAMGOLD Corporation. For more information, visit: www.goldonresources.com or view the current GoldON presentation.

ON BEHALF OF THE BOARD

Signed “Michael Romanik”

Michael Romanik, President Direct line: (204) 724-0613 Email: [email protected]

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Neither 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 release.

GoldON Resources Ltd. | 108 - 800 Kelly Road, Suite 416, Victoria, BC V9B 6J9 | Tel.: (250) 474-7999