GoldON Grants Incentive Stock Options

FOR IMMEDIATE RELEASE

GoldON Grants Incentive Stock Options

VICTORIA, BC, July 16, 2024 – GoldON Resources Ltd. (TSX-V: GLD) announces that it has granted stock options to directors, officers, consultants and an Eligible Charitable Organization to purchase up to 1,550,000 shares of the Company at a price of $0.10 per share until July 16, 2029.

About GoldON Resources Ltd.

GoldON is a mineral exploration company focused on discovery-stage properties. Our goal with a property is to add value by defining or redefining the exploration opportunity, maintain ownership control during the value creation phase of discovery, and then source a well-financed partner capable of accelerating discovery, resource definition, and development.

For more information on GoldON and the West Madsen gold project, please visit our website at goldonresources.com. You can also download our investor presentation by clicking here and follow us on X at https://x.com/GoldONResources.

ON BEHALF OF THE BOARD

Signed “Michael Romanik”

Michael Romanik, President GoldON Resources Ltd.

Direct line: (204) 724-0613 Email: [email protected] 179 - 2945 Jacklin Road, Suite 416 Victoria, BC, V9B 6J9

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

GoldON Resources Ltd. | 179 - 2945 Jacklin Road, Suite 416, Victoria, BC V9B 6J9 | Tel. (250) 474-7999