BRIEF

on ONGold Resources Ltd. (isin : CA68277V1040)

ONGold Resources Ltd. Announces CEO Appointment and TSXV Listing

ONGold Resources Ltd. (ONGold) has successfully finalized its listing on the TSX Venture Exchange (TSXV) as a Tier 2 Mining Issuer, following its recent transaction with Northern Superior Resources Inc. The trading of ONGold's common shares is set to start on May 8, 2024, under the ticker symbol "ONAU".

In conjunction with the listing, ONGold is also excited to announce the appointment of Mr. Kyle Stanfield as the new Chief Executive Officer and a member of the board of directors. With over 25 years in the mining sector, Stanfield's experience is expected to bring valuable leadership as ONGold begins its operations on the TSXV.

Further, ONGold has issued an aggregate of 3,300,000 options to eligible directors, officers, and consultants under its omnibus incentive award plan, exercisable at $0.51 per option over the next five years.

R. P.

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