Norsemont Mining Transitions to OTCID Market

Vancouver, B.C. — July 3, 2025 — NewsWall — Norsemont Mining Inc. (CSE: NOM, OTCID: NRRSF, FWB: LXZ1) has announced its transition from the OTC Pink Market to the OTCID™ Market, operated by OTC Markets Group Inc., effective July 2.

The OTCID Market is designed for companies maintaining enhanced disclosure practices, including current financial reporting, management certifications, and verified company profile updates. This transparency strengthens investor confidence and broadens access to institutional and retail investors who require strong corporate disclosure standards.

Norsemont believes this move reinforces its commitment to transparency and sound corporate governance and represents a strategic step in the Company’s capital markets plan to enhance investor visibility and position itself for eventual uplisting to the OTCQB Venture Market.

CEO Marc Levy stated that joining the OTCID market is a meaningful step forward in the company's public journey and exposure in the US market, which they believe will expand their investor base, support long-term shareholder value, and lay the foundation for advancement to the OTCQB tier.

The Company remains current in its financial reporting and intends to take the additional steps necessary to qualify for the OTCQB Market soon.

Norsemont Mining owns a 100% interest in the Choquelimpie gold-silver-copper project in northern Chile, a previously permitted 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.

Contact: Paul Searle (778) 240-7724

Source: Norsemont Mining Inc.