GoldON Grants Incentive Stock Options

GoldON Resources Ltd. | 179 - 2945 Jacklin Road, Suite 416, Victoria, BC V9B 6J9 | Tel. (250) 474-7999

FOR IMMEDIATE RELEASE

GoldON Grants Incentive Stock Options

VICTORIA, BC, July 16, 2024 – GoldON Resources Ltd. (TSX-V: GLD) announces that it has

granted stock options to directors, officers, consultants and an Eligible Charitable Organization to

purchase up to 1,550,000 shares of the Company at a price of $0.10 per share until July 16, 2029.

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 disc overy, and then source a well-financed partner

capable of accelerating discovery, resource definition, and development.

For more information on GoldON and the West Madsen gold project, please visit our website at

goldonresources.com. You can also download our investor presentation by clicking here and follow

us on X at https://x.com/GoldONResources.

ON BEHALF OF THE BOARD

Signed “Michael Romanik”

Michael Romanik, President

GoldON Resources Ltd.

Direct line: (204) 724-0613

Email: [email protected]

179 - 2945 Jacklin Road, Suite 416

Victoria, BC, V9B 6J9

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.