GLD.V · 2020-10-01 12:00:00

GoldON Engages Investor Relations Consultants

Marketing Announcement

GoldON Resources Ltd. | 108 - 800 Kelly Road, Suite 416, Victoria, BC V9B 6J9 | Tel.: (250) 474-7999

FOR IMMEDIATE RELEASE

VICTORIA, BC October 1, 2020 – GoldON Resources Ltd. (TSX-V: GLD) (“GoldON” or the

“Company”) is pleased to announce it has engaged Hybrid Financial Ltd. (“ Hybrid”) to provide

investor relations services to the Company, pursuant to a consu lting agreement dated September

28, 2020. Hybrid has been engaged to increase market awareness of the Company and its Red

Lake, Ontario gold exploration projects within the investment c ommunity (the “Services”). In

consideration for these Services, the Company has agreed to pay Hybrid a fee of $15,000 per

month plus applicable taxes for an initial six-month period.

Hybrid has agreed to comply with all applicable securities laws and the policies of the TSX

Venture Exchange in providing the Services.

“We are preparing for Phase 2 drilling on our West Madsen Proje ct that adjoins Canada’s next

gold mine in the heart of Red Lake, and it’s a perfect time to increase visibility within the

investment community to expand trading liquidity and broaden ou r shareholder base,” said Mike

Romanik, President of GoldON.

About Hybrid Financial Ltd.

Hybrid is a sales and distribution company that actively connec ts issuers to the investment

community across North America. Using a data driven approach, Hybrid provides its clients with

comprehensive coverage of both American and Canadian markets. Hybrid Financial has offices in

Toronto and Montreal.

About GoldON Resources Ltd.

GoldON is an exploration company focused on discovery-stage pro perties located in the prolific

gold mining belts of northwestern Ontario, Canada. Our current project portfolio includes four

properties in the Red Lake Mining Division (West Madsen, Pipestone Bay, McDonough and Bruce

Lake) and a fifth property in the Patricia Mining Division (Sla te Falls). If you are an investor

looking for exposure to the rising gold price, then GoldON is an explorer worthy of a closer look:

tight share structure with a $10.5 million market cap, discovery-stage projects all in good standing,

experienced management and adviso rs, and no debt with capital d evoted to exploration not

excessive salaries.

GoldON Resources Ltd. | 108 - 800 Kelly Road, Suite 416, Victoria, BC V9B 6J9 | Tel.: (250) 474-7999

For additional information: please visit our website at https://goldonresources.com, you can

download our latest presentation by clicking here and you can follow us on Twitter at

https://twitter.com/GoldONResources.

ON BEHALF OF THE BOARD

Signed “Michael Romanik”

Michael Romanik, President

Direct line: (204) 724-0613

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.