NRRSF - Norsemont Appoints Sorin Posescu to its Advisory Board

(TheNewswire)

Vancouver, B.C. - TheNewswire- October 8 th , 2020 - Norsemont Mining Inc.(CSE:NOM ) (CNSX:NOM.CN) ( OTC:NRRSF ) ( FWB:LXZ1) ( " Norsemont " or the " Company " ) is pleased to announce theappointment of Mr. Sorin Posescu to its advisory board.

Mr. Posescu is CEO and Director of SolidusGold Inc., apublicly traded mineral exploration and development company. He is aprofessional geologist with 25 years of experience in naturalresources exploration and development. He has worked on world classdeposits including Donlin Gold and Galore Creek during his time withNovaGold. Subsequently, he participated in several discoveries inNevada for Sierra Geothermal Power, which was then sold to Ram Power.He served as VP of Exploration for Brixton Metals where during histenure, the company made several discoveries. Mr. Posescu wasinstrumental in creating shareholder value when he acquired andsubsequently sold the Kahuna Diamonds property (4 Million carats ofdiamonds resource) to Dunnedin Ventures. As well, Mr. Posescu foundedand subsequently sold a precious metals royalty company.

Mr. Posescu is a registered Professional Geologist withthe Association of Professional Engineers and Geoscientists of BritishColumbia, Alberta and Ontario. He has worked for major to juniorresource companies throughout Europe, USA and Canada. He has extensiveexperience in M&A and strong background in corporate and projectvaluation. He has served on multiple boards as Director for bothprivate and publicly traded resource development companies.

Mr. Marc Levy, CEO of Norsemont said, "We welcomeMr. Posescu to our advisory board; we are delighted to have someone ofhis geological talent joining our team. He has extensive knowledge andpreviously reviewed the Choquelimpie property. We look forward to hisfresh perspective and ideas to help advance the company'sproject."

The Company announces that, pursuant to its stockoption Plan, it has granted incentive stock options to directors,officers and consultants of the Company to purchase 500,000 shares inthe capital stock of the Company. The options are exercisable at aprice of $1.65 per share expiring five years from the date of grant,and vest over a period of two years.

On behalf of the Board of Directors,

NORSEMONT MINING INC.

Marc Levy

CEO

For more information, please contact the Company at:
Telephone: (604) 669-9788; Facsimile:(604) 669-9768

Neither the Canadian SecuritiesExchange nor its Regulation Services Provider (as that term is definedin the policies of the Canadian Securities Exchange) acceptsresponsibility for the adequacy or accuracy of this release. No stockexchange, securities commission or other regulatory authority hasapproved or disapproved the information contained herein.

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