GoldON Issues Shares for Interest Payment

VICTORIA, BC, February 12, 2016 – GoldON Resources Ltd. (TSX-V: GLD) (“GoldON”) announces that that it has issued 84,735 common shares at a price of $0.06 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. All of its properties are in good standing and include the Slate Falls gold-silver property in northwestern Ontario and the Swayze gold property adjoining the multi-million ounce Côté Gold Project owned by Trelawney Mining and Exploration, 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: 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.