Vancouver, B.C. -TheNewswire -April 20th, 2022 –Norsemont Mining Inc.(CSE:NOM),(OTC:NRRSF),(FWB:LXZ1) ("Norsemont" or the"Company")announcethat it has closed a non­brokered private placement financing (the "Debenture Financing") of unsecured convertible debentures (each, a "Debenture") pursuant to which the Company issued Debentures in the aggregate principal amount of $950,000.

The terms of the Debenturesinclude:

• a maturity date of one year from the date of issuance (theMaturity Date") and the principal amount of the Debenture, together with any accrued and unpaid interest, will be payable on the Maturity Date, unless earlier converted in accordance with its...