ONGold Announces Grant of Stock Options and Restricted Share Units

Toronto, Ontario, October 6, 2025 – ONGold Resources Ltd. (“ONGold” or the “Company”) (TSXV:ONAU) (OTCQB:ONGRF) is pleased to announce the grant of stock options (each an “Option”) and restricted share units (each an “RSU”) pursuant to the Company’s omnibus incentive plan (the “Plan”).

The Company has granted an aggregate of 1,242,740 Options and an aggregate of 161,110 RSUs to certain directors, officers, employees, and consultants of the Company.

Each Option is exercisable to acquire one (1) common share in the capital of the Company (a “Common Share”) at a price of $0.90 per Common Share, has a term of five (5) years from the date of grant, and shall vest in three (3) equal tranches, with one-third (1/3) vesting immediately and the remaining two-thirds (2/3) vesting in two equal tranches at six-month intervals thereafter.

Each RSU granted shall vest two-thirds (2/3) on the first anniversary of the grant date and the remaining one-third (1/3) on the date that is eighteen (18) months from the grant date.

The Plan, as well as the grants of the Options and RSUs, are subject to the approval of shareholders in accordance with the policies of the TSX Venture Exchange. All of the Options and RSUs (and any Common Shares issuable upon exercise or settlement thereof) will be subject to a four month and one day hold period pursuant to the policies of the TSX Venture Exchange and applicable securities laws.

About ONGold Resources Ltd.

ONGold Resources Ltd. owns significant exploration assets in Northern Ontario and Northern Manitoba, including the district-scale Monument Bay Gold-Tungsten Project, TPK Project, Domain Gold Project and October Gold Project. These projects represent a strategic footprint in some of Canada’s most prolific gold-producing regions.

ONGold Resources Ltd. on behalf of the Board of Directors

Kyle Stanfield, Chief Executive Officer & Director

Contact Information

Kyle Stanfield
Chief Executive Officer
Telephone: 1 (855) 525-0992
Email: info@ongoldresources.com

NT4