Mr. Marc Levy reports

NORSEMONT APPOINTS ARIEL TEPPERMAN TO ITS BOARD

Norsemont Mining Inc. has appointed Ariel Tepperman to its board of directors, effective immediately.

Mr. Tepperman is based in the United Kingdom and brings over 20 years of international corporate finance experience, including M&A (merger and acquisition) advisory, capital raising and strategic advice to management teams and board of directors. He has worked with companies involved in the extraction and exploration of precious and base metals, critical minerals, and bulk commodities.

Mr. Tepperman is currently head of advisory at Lionhead Capital, a global private investment and advisory firm with deep sector expertise and primarily focused on alternative investments across natural resources, real estate and private equity. He is formerly head of metals and mining at Gneiss Energy, and prior to this held senior positions at NRG Capital Partners, Macquarie Capital and RBC Capital Markets.

Mr. Tepperman holds a BCom (high distinction) with a specialist in finance and economics from the University of Toronto.

Management comments

Chief executive officer Marc Levy said:

"As we continue building our world-class mining team with deep large-scale project experience, Ariel's capital markets and significant mining expertise will be a strong asset to the company and to the advancement of Choquelimpie towards production. His vast network and experience in Europe will help broaden our exposure. We are excited to welcome him to the board of directors and look forward to his contributions."

Qualified person

David Flint, MSc, AIPG-CPG, chief geologist of Norsemont Mining and a qualified person as defined by National Instrument 43-101, has reviewed and approved the technical information in this news release.

About Norsemont Mining Inc.

Norsemont Mining is led by an experienced team of natural resource professionals focused on advancing its flagship Choquelimpie gold-silver-copper project through to feasibility. The project is the basis of a technical report filed by the company on May 16, 2025, and available on SEDAR+, which hosts:

• Indicated resources: 81.9 million tonnes (t) at 0.66 gram per tonne (g/t) gold (Au) (1,731,000 ounces (oz) Au) and 12.6 g/t silver (Ag) (33,233,000 oz Ag);
• Inferred resources: 25.3 million t at 0.55 g/t Au (446,000 oz Au) and 8.9 g/t Ag (7,219,000 oz Ag).

Choquelimpie is a past-producing mine with over 1,720 drill holes and substantial existing infrastructure, including roads, power, water, camp facilities and a previously operational 3,000-tonne-per-day (tpd) mill. Norsemont is committed to responsible, sustainable development and modern exploration practices to unlock further value for shareholders and stakeholders.

We seek Safe Harbor.