GLD.V · 2024-04-17 12:00:00

GoldON Arranges Private Placement Financing

Financings

FOR IMMEDIATE RELEASE

VICTORIA, BC – April 17, 2024 – GoldON Resources Ltd. (TSX-V: GLD) (“GoldON” or the

“Company”) is arranging a non-brokered private placement financing with qualified investors of

up to 8,000,000 units (the “Units”) for maximum gross proceeds of $400,000 (the “Offering”).

The Units will be priced at $0.05 and consist of one common share and one non-transferable share

purchase warrant that will entitle the holder to purchase one additional common share of the

Company at a price of $0.10 per share for two years from the closing date of the Offering.

The Company will use the proceeds of the Offering to fund work at its 100%-owned West Madsen

Gold Property and for general working capital purposes. Completion of this Offering is subject to

TSX Venture Exchange acceptance.

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, you can visit our website at goldonresources.com, download our investor

presentation by clicking here, and follow us on X at https://twitter.com/GoldONResources.

ON BEHALF OF THE BOARD

Signed “Michael Romanik”

Michael Romanik, President

GoldON Resources Ltd.

Direct line: (204) 724-0613

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.