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GLD.V ·

Resignation of Director

Management Changes

FOR IMMEDIATE RELEASE

RESIGNATION OF DIRECTOR

VICTORIA, BC, February 25, 2016 – GoldON Resources Ltd. (“GoldON” or the “Company”) (TSXV: GLD) announces that Mr. Andrew Nevin, Ph.D and P.Eng., has retired from its Board of Directors. Mr. Nevin served as a director of GoldON for more than six years; and the Company thanks him for his service and guidance.

Mr. Nevin, an exploration geologist having worked internationally for leading companies and government agencies for over 45 years, has agreed to remain available as a technical consultant to the Company.

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