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GLD.V ·

GoldON Sells Rainy Gold Claims to New Gold

Mergers & Acquisitions

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

FOR IMMEDIATE RELEASE

GoldON Sells Rainy Gold Claims to New Gold

VICTORIA, BC, January 8, 2019 – GoldON Resources Ltd. (“GoldON” or the “Company”)

(TSX-V: GLD) is pleased to announce that it has closed a transaction to sel l its interest in the

Rainy Gold Claims to New Gold Inc. Pursuant to the terms of the purchase agreement, GoldON

received net proceeds of $166,694 for a 100% interest in the 32 unpatented legacy mineral claims

net of the underlying 2% net smelter returns royalty.

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 curre nt attention is on the Slate Falls

Project in northwestern Ontario where at least 18 Au-Ag mineral ized zones have been identified

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

GoldON currently has 8,829,370 shares issued. To learn more abo ut the Company visit our

website and view our latest presentation by clicking here.

For more 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.