GoldON Resources Settles Debt

Press Release

GoldON Resources Settles Debt

VICTORIA, BC, April 28, 2014 – GoldON Resources Ltd. (TSX-V: GLD) announces that it has negotiated a shares-for-debt settlement with five creditors. The Company will, subject to regulatory acceptance, issue 1,435,985 common shares at a deemed price of $0.05 per share in settlement of $71,799.25 of debt. The issued 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. Its properties include the Slate Falls and Pickle Lake gold properties in northwestern Ontario and the Swayze Gold Property adjoining IAMGOLD’s multimillion ounce Côté Gold Project in the Swayze Greenstone Belt. For more information, visit www.goldonresources.com

ON BEHALF OF THE BOARD

Signed “Michael Romanik”

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

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