Norsemont Issues Stock Options

NORSEMONT MINING INC.

Suite 610, 700 West Pender Street

Vancouver, BC, V6C 1G8

Phone: 604-669-9788

NEWS RELEASE

NORSEMONT ISSUES STOCK OPTIONS

Vancouver, B.C., April 20, 2021 – Norsemont Mining Inc. (CSE: NOM, OTCQB: NRRSF, FWB: LXZ1)

(“Norsemont” or the “Company”) is pleased to announce that, pursuant to its stock option plan, it has

granted incentive stock options to directors, officers, employees and consultants of the Company to

purchase 1,560,000 shares in the capital stock of the Company. The options are exercisable at a price of

$0.60 per share expiring five years from the date of grant, and vest over a period of two years.

About Norsemont Mining

We are experienced natural resource professionals focused on growing shareholder valu e and fast

tracking our flagship project through to bankable feasibility. Norsemont Mining owns a 100% interest in

the Choquelimpie Gold – Silver Project in Northern Chile, a previously permitted gold and silver mine.

Choquelimpie has over 1,700 drill holes, with significant existing infrastructure.

On behalf of the Board of Directors,

NORSEMONT MINING INC.

Marc Levy

CEO & Chairman

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 r egulatory authority has approved or disapproved the information

contained herein.