Norsemont Grants Incentive Stock Options

NORSEMONT MINING INC.

Suite 610, 700 West Pender Street Vancouver, BC Canada V6C 1G8

NEWS RELEASE

NORSEMONT MINING INC. GRANT INCENTIVE STOCK OPTIONS

Vancouver, B.C., June 8, 2020 – Norsemont Mining Inc. (CSE: NOM, OTC: NRRSF, FWB: LXZ1) (“Norsemont” or the “Company”) announces today it has granted an aggregate amount of 735,000 incentive stock options pursuant to its rolling stock option plan approved at the Company's annual general meeting held on June 4, 2019, to certain directors, officers, employees and consultants of the Company.

Of the 735,000 incentive stock options granted, an aggregate of 200,000 of the options have been granted to insiders of the company.

The options are exercisable at $1.09 per common share for a period of five years expiring on June 8, 2025.

The grant of options is subject to acceptance by the Canadian Securities Exchange.

On behalf of the Board of Directors,

NORSEMONT MINING INC.

Allan Larmour Chief Executive Officer, Director

For more information, please contact the Company at:

Telephone: (604) 669-9788 Facsimile: (604) 669-9768

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.