VICTORIA, BC, May 2, 2016 - GoldON Resources Ltd. (the 'Company') (TSX-V: GLD) announces that it has granted stock options to directors, officers and consultants to purchase up to 1,000,000 shares of the Company at $0.15 per share until May 2, 2021.

About GoldON Resources Ltd.

GoldON Resources is an exploration company geographically focused on the prolific mining belts of Ontario, Canada. All of its properties are in good standing and include the drill-ready Slate Falls gold-silver-VMS property, the Paterson Lake lithium-pegmatite property that adjoins the Separation Rapids lithium project being developed by Avalon Advanced Materials Inc. and the Swayze gold properties adjoining the Côté Gold Project being developed by Trelawney Mining and Exploration, a subsidiary of IAMGOLD Corp. For more information, visit www.goldonresources.com.

ON BEHALF OF THE BOARD

Signed 'Michael Romanik'

Michael Romanik, President

Direct line: (204) 724-0613

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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. published this content on 02 May 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 04 May 2016 01:03:07 UTC.

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