GoldON Issues Common Shares for Interest Payment to Trelawney Mining and Exploration, a subsidiary of IAMGOLD

FOR IMMEDIATE RELEASE

GoldON Issues Common Shares for Interest Payment to Trelawney Mining and Exploration, a subsidiary of IAMGOLD

VICTORIA, BC, February 11, 2015 – GoldON Resources Ltd. (TSX-V: GLD) (“GoldON or the “Company”) announces that it has issued 101,682 common shares at a price of $0.05 per share to Trelawney Mining and Exploration Inc. (a subsidiary of IAMGOLD Corporation) in payment of $5,084.08 of semi-annual interest accrued pursuant to its February 2014 promissory note. The shares in lieu of cash interest payment has been accepted by the TSX Venture Exchange and the shares are subject to a four-month hold period.

About GoldON Resources Ltd.

GoldON is an exploration company geographically focused on two of the prolific gold mining belts of Ontario, Canada. The Company’s properties include the Slate Falls gold-silver-VMS property in northwestern Ontario, and the Swayze gold project adjoining the multi-million ounce Côté Gold Project owned by Trelawney, a subsidiary of IAMGOLD Corporation. For more information, visit: www.goldonresources.com or view the current GoldON presentation.

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 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