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GLD.V ·

GoldON Resources Issues Interest Shares

Share Capital & Compensation

Press Release

GoldON Resources Issues Interest Shares

VICTORIA, BC, July 29, 2014 – GoldON Resources Ltd. (TSX-V: GLD) announces that it will, subject to regulatory acceptance, issue 101,682 common shares at a price of $0.05 per share to Trelawney Mining and Exploration Inc. 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. Its properties include the Slate Falls gold-silver property in northwestern Ontario and the Swayze Gold Property adjoining IAMGOLD’s multi-million 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