GoldON Announces Management and Board Changes

FOR IMMEDIATE RELEASE

GoldON Announces Management and Board Changes

VICTORIA, BC – April 15, 2025 – GoldON Resources Ltd. (TSX-V: GLD) (“GoldON” or the

“Company”) announces the appointments of Gregory Lytle as president, chief executive officer

and director, Glen Wallace as chief financial officer, and Brayden Sutton as director.

These appointments follow the resignations of Michael Romanik as president, chief executive

officer and director, and Jeff Smulders as chief financial officer and director.

Mr. Lytle has been providing strategic advice to mineral exploration companies for over 20 years

and has served as a consultant to GoldON since 2013. As the managing director of Lytle &

Associates, a corporate communications and advisory firm supporting private and public

enterprises for more than 30 years, Mr. Lytle’s experience spans industries including technology,

biotech, real estate, publishing, and mineral exploration. He has facilitated the raising of over $100

million in funding for clients and initiated relationships with industry leaders including American

Express, GE, Intel Capital, and Morgan Stanley. Mr. Lytle was also instrumental in the successful

sale of the Valentine Lake gold project to Marathon Gold.

Mr. Wallace has acted as GoldON’s Chief Compliance Officer since 2019 and has served as Chief

Financial Officer and a director with several development-stage public companies since the 1990s.

He is a Chartered Professional Accountant with over 35 years of experience in accounting and the

management and administration of publicly listed companies and was a partner in the accounting

firm of Austin Chan & Wallace for six years. He has a Master of Business Administration degree

from Laurentian University and Advanced Specialty Certificates in Forensic Accounting and

Securities Fraud Analysis from BCIT. Mr. Wallace brings extensive skills in regulatory

compliance, finance and administration of emerging companies.

Mr. Sutton is the founder and president of Sutton Ventures Ltd., a merchant bank that has supported

a wide range of early-stage ventures since 2007, with a focus on mineral exploration, technology,

and emerging markets. A self -taught investor, gold and silver speculator, and author of Money

Mind: Beyond Speculation , he brings over two decades of capital markets experience to the

boardroom. He has held executive and advisory roles at several public companies, contributing to

corporate strategy, investor relations, and early -stage project development. Mr. Sutton is a strong

advocate for sound money principles, responsible exploration, and disciplined stewardship of

shareholder capital.

“On behalf of the board, I ’d like to offer our heartfel t thanks to Mi ke for his leadership and

commitment to the Company over the past 16 years . We would also like to thank Jeff for his

valuable contributions to the Company and wish them both the best in health, happiness, and

success in the future ," said Mr. Lytle. “ Additionally, we’d like to extend a warm welcome to

Brayden and look forward to utilizing his diverse skill set as GoldON embarks on its next chapter.

His experience and vision will be instrumental as we position the Company to participate in the

coming gold cycle.”

About GoldON Resources Ltd.

GoldON is a mineral exploration company focused on discovery -stage properties. Our goal 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, you can visit our website at goldonresources.com, download our investor

presentation here, and follow us on X at https://x.com/GoldONResources.

ON BEHALF OF THE BOARD

Signed “Gregory Lytle”

Gregory Lytle, President

GoldON Resources Ltd.

Direct line: (604) 839-6946

Email: [email protected]

179 - 2945 Jacklin Road, Suite 416

Victoria, BC, V9B 6J9

Forward-Looking Statements

This news release may contain “forward -looking statements” that involve known and unknown risks, uncertainties,

assumptions, and other factors that may cause the actual results, performance, or achievements of the Company to be

materially different from any future results, performance or achievements expressed or implied by the forward-looking

statements. Any forward -looking statement speaks only as of the date of this news release and, except as may be

required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking

statement, whether as a result of new information, future events, or results or otherwise.

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.