GoldON Grants Incentive Stock Options

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

FOR IMMEDIATE RELEASE

GoldON Grants Incentive Stock Options

VICTORIA, BC, February 21, 2019 – GoldON Resources Ltd. (“GoldON” or the

“Company”) (TSX-V: GLD) announces that it has granted stock options to directors, offi cers

and consultants to purchase up to 770,000 shares of the Company at $0.20 per share until

February 21, 2024.

About GoldON Resources Ltd.

GoldON is an exploration company geographically focused on disc overy-stage properties located

in the prolific gold mining belts of Ontario, Canada. Our flags hip project is the Slate Falls

property in northwestern Ontario where at least 18 Au-Ag mineralized zones have been identified

over 7 kilometers of the property. Slate Falls is fully permitt ed for exploration and drilling.

GoldON currently has 8,954,370 shares issued. To learn more abo ut the Company visit our

website and view our latest presentation by clicking here.

For additional information contact Michael Romanik.

ON BEHALF OF THE BOARD

Signed “Michael Romanik”

Michael Romanik, President

Direct line: (204) 724-0613

Email: [email protected]

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Neither TSX Venture Exchange nor its Regulation Services Provid er (as that term is defined in the policies of the

TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.