Norseman Silver Inc. Announces Name Change

Norseman Silver Inc. Announces Name Change

Vancouver, British Columbia January 25, 2024 – Nors eman Silver Inc. (TSXV: NOC) (“ Norseman ” or the

“Company ”) is pleased to announce that it will be completing a corporate name change to “Fitzroy Minerals

Inc.” and will begin trading under a new stock ticket symbol “FTZ” at the start of trading on January 29, 2024

on the TSX Venture Exchange. The Company’s ISIN an d CUSIP numbers will change to CA33827E1016 and

33827E101, respectively.

No action is required to be taken by shareholders with respect to the name change. Outstanding share and

warrant certificates are not affected by the name a nd ticker symbol change and do not need to be

exchanged.

For further information, please contact:

Sean Hurd

Chief Executive Officer

T: 604 505-4554

For more information on Norseman Silver, please visit the Company's website.

www.norsemansilver.com.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION PROVIDER (AS THAT TERM IS DEFINED IN

THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS R ESPONSIBILITY FOR THE ADEQUACY OF THIS

RELEASE.