Mr. Allan Larmour reports

NORSEMONT MINING APPOINTS MARC LEVY AS CHAIRMAN AND CEO

Norsemont Mining Inc. has appointed Marc Levy as chief executive officer and chairman of the board.

Mr. Levy was the founder and former chief executive officer and chairman of Norsemont Mining, which he grew from a market capitalization of $1-million and subsequently sold to Hudbay Minerals Inc. for $520-million. He has raised over $200-million in the resource, agriculture and technology sectors. He brings over 30 years of management and leadership experience in the public markets.

Mr. Levy has been involved in several successful company exits, including Petaquilla Minerals, sold to Inmet Mining for $350-million and Coal Hunter Resources to Cardero Group for $52-million. Recently, he was founder of Aurora Cannabis, which grew from a market capitalization of $1-million to approximately $800-million within two years and peaked at a market capitalization of $16-billion. Mr. Levy was a founder and director of Payfirma Corp., which was sold to Mercco Payments Inc.

Mr. Levy is involved in various charitable organizations such as: cystic fibrosis, B.C. Children's Hospital, St. Paul's Hospital, CJA Canada, CHILD Foundation, Westminster House and Chabad UBC.

The company would like to thank Mr. Larmour for his dedication and service over the last several months. Mr. Larmour has resigned from the position of chief executive officer and will remain as a director of the company.

Marc Levy, chief executive officer of Norsemont, said: "I am pleased to assume the role of CEO and chairman of Norsemont Mining. I look forward to working with some of the same team who were instrumental in selling the Constancia project to Hudbay Minerals and our newest additions to the team who add significant expertise and value in unlocking Choquelimpie's significant upside potential."

Allan Lamour, director of Norsemont, said, "Norsemont continues to strengthen its board and management team with the goal of accelerating the development of its Choquelimpie project."

The company also announces it has granted stock option agreements to its directors, officers and consultants for the right to purchase up to 400,000 common shares of the company, exercisable at the price of $2.24 per share for five years, subject to regulatory approval.

Digital marketing agreement

The company has entered into a digital marketing agreement with Gold Standard Media LLC, a Texas company. The agreement is for an initial term of 12 months at a cost of $400,000 (U.S.). Gold Standard Media will provide financial publishing, digital marketing services and will raise public awareness of the company.

We seek Safe Harbor.