GoldON Resources Completes Debt Settlement

VICTORIA, BC, March 4, 2016 – GoldON Resources Ltd. (the “Company”) (TSX-V: GLD) has completed its previously-announced shares-for-debt settlement with one creditor. The Company has issued 250,000 common shares at a deemed price of $0.065 per share in settlement of $16,250.00 of debt. The issued shares are subject to a four-month hold period expiring July 5, 2016.

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.

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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