Norsemont Commences Trading on the OTCQX Market

NORSEMONT COMMENCES TRADING ON THE OTCQX MARKET

VANCOUVER, BC / ACCESS Newswire / April 1, 2026 / Norsemont Mining Inc. (CSE:NOM)(OTCQX:NRRSF)(FWB:LXZ1) ("Norsemont" or the "Company"), an advanced stage gold-silver-copper exploration company, is pleased to announce commencement of trading on OTCQX Under Ticker "NRRSF". Norsemont CEO Marc Levy said, "Trading on OTCQX is a key milestone that boosts our visibility in the U.S. and gives North American investors an easier way to trade our shares. With strong U.S. support already in place, this listing broadens our reach as we advance the Choquelimpie gold‑silver‑copper project and work to build long‑term shareholder value."

The OTCQX is recognized as a premier marketplace for developing companies, offering transparent trading and efficient access to U.S. capital markets. By trading on the OTCQX, Norsemont is better positioned to engage with U.S. institutional and retail investors who seek exposure to high-potential gold-silver-copper exploration opportunities.

Management Comments

Marc Levy CEO of Norsemont commented: "We are trilled to begin trading on the OTCQX under the ticker NRRSF. This milestone reflects our commitment to expanding our presence in the U.S. capital markets and improving accessibility for our growing base of American shareholders."

"We already have a substantial number of U.S. investors supporting our story, and this listing provides them with a more efficient platform to trade our shares while also opening the door to a broader pool of new investors. As we continue to deliver strong exploration results and advance our Choquelimpie gold-silver-copper project in Chile, we believe this increased visibility will play an important role in driving long-term shareholder value."

Qualified Person

David Flint, MSc, AIPG-CPG, and Chief Geologist of Norsemont Mining Inc.; a qualified person as defined in NI 43-101, has reviewed and approved the technical information in this press release.

On Behalf of the Board,

NORSEMONT MINING INC.

Marc Levy
CEO & Chairman

About Norsemont Mining Inc.

Norsemont is an advanced stage mining company engaged in the development and resource expansion of it Choquelimpie gold silver copper project in Northern Chile. The Norsemont team comprises experienced natural resource professionals focused on growing shareholder value and developing its flagship project through to feasibility, with an indicated mineral resource estimate of 1,731,000 gold ounces, and 33,233,000 silver ounces and an inferred mineral resource of 446,000 gold ounces and 7,219,000 silver ounces for its Choquelimpie Gold-Silver-Copper project. Norsemont Mining owns a 100% interest in the Choquelimpie gold-silver-copper project in northern Chile, a past producing gold and silver mine with significant exploration upside. Choquelimpie has over 1,710 drill holes, with significant existing infrastructure, including roads, power, water, camp and a 3,000-tonne-per-day mill. Norsemont is committed to responsible and sustainable resource development, leveraging modern exploration techniques to unlock further value for all stakeholders.

For more information, please contact the Company at: psearle@norsemont.com
Investor Relations: Paul Searle (778) 240-7724

Follow Norsemont Mining:
Twitter: @norsemont
LinkedIn: @norsemontmining
Facebook: @norsemontmining
YouTube: @norsemontmining

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.

Forward-Looking Statements

Cautionary Note Regarding Forward-Looking Statements: This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions with respect to, among other things, the finalization and delivery of the EID and the anticipated timeline thereof, anticipated advancement of the project, and the ability of the Company to obtain regulatory approvals and permits required for such advancement.

These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, the Company not being able to obtain the EID for any reason, inability to obtain required government approvals and permits to advance the project as required and on reasonable timelines, risks adverse to the capital markets, the mining industry, and investor support. In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that the Company will receive the necessary regulatory approvals and support to prepare, submit and receive the EID on anticipated timelines.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, except as required by applicable securities laws.

SOURCE: Norsemont Mining, Inc.