GoldON Issues Common Shares for Interest Payment to IAMGOLD subsidiary, Trelawney

VICTORIA, BC, August 10, 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 property adjoining IAMGOLD’s multi-million ounce Côté Gold Project. 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: This email address is being protected from spambots. You need JavaScript enabled to view it.

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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.