Norsemont Announces its Application to List on the OTCQB® Venture Market
NORSEMONT MINING INC.
Suite 610, 700 West Pender Street
Vancouver, BC, V6C 1G8
Phone: 604-669-9788
NEWS RELEASE
NORSEMONT ANNOUNCES ITS APPLICATION TO LIST ON THE
OTCQB® VENTURE MARKET
Vancouver, B.C. – July 7, 2020 - Norsemont Mining Inc. (CSE:NOM), OTC:NRRSF, FWB: LXZ1) (“Norsemont” or
the “Company”) announces that it has applied for its common shares to be trading on the OTCQB® Venture
Market (“OTCQB”), a US trading platform operated by the OTC Markets Group in New York. The Company will
provide further information once its common shares commence trading.
The OTCQB is the premiere marketplace for early stage and developing U.S. and international companies that
are committed to providing a high-quality trading and information experience for their U.S. investors. The OTCQB
quality standards provide a strong baseline of transparency as well as the technology and regulation to improve
the information and trading experience for investors. Investors can find real-time quote and market information
for the Company at https://www.otcmarkets.com.
The Company believes that trading on the OTCQB will provide additional liquidity and increase its visibility within
the U.S. capital markets. Norsemont will continue to trade on the Canadian Securities Exchange under its symbol
“NOM”.
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
Forward-Looking Statements:
This news release contains forward -looking statements and forward -looking information (collectively, "forward -looking
statements") within the meaning of applicable Canadian legislation. All statements in this news release that are not purely
historical are forward -looking statements and include statements regarding beliefs, plans, expectations and orientations
regarding the future including, without limitation, the intended use of proceeds of the Private Placement. Although th e
Company believes that such statements are reasonable and reflect expectations of future developments and other factors
which management believes to be reasonable and relevant, the Company can give no assurance that such expectations will
prove to be corr ect. Forward -looking statements are typically identified by words such as: "believes", "expects",
"anticipates", "intends", "estimates", "plans", "may", "should", "would", "will", "potential", "scheduled" or variations of such
words and phrases and simila r expressions, which, by their nature, refer to future events or results that may, could, would,
might or will occur or be taken or achieved. In making the forward -looking statements in this news release, the Company
has applied several material assumptions.
Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual
results, performance or achievements of the Company to differ materially from any future results, performance or
achievements expressed or implied by the forward-looking information. Such risks and other factors include the inability of
the Company to execute its proposed business plan, and carry out planned future activities. The novel coronavirus and
COVID-19 pose new risks that are currently indescribable and immeasurable. Other factors may also adversely affect the
future results or performance of the Company, including general economic, market or business conditions, the future price
of gold, changes in the financial markets and in the demand for gold, changes in laws, regulations and policies affecting the
mineral exploration industry, as well as the risks and uncertainties which are more fully described in the Company's annual
and quarterly management's discussion and analysis a nd in other filings made by the Company with Canadian securities
regulatory authorities under the Company's profile at www.sedar.com. Readers are cautioned that forward -looking
statements are not guarantees of future performance or events and, accordingly , are cautioned not to put undue reliance
on forward-looking statements due to the inherent uncertainty of such statements.
These forward-looking statements are made as of the date of this news release and, unless required by applicable law, the
Company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could
differ from those projected in these forward-looking statements.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (a s 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 informat ion contained herein.