Norseman Silver Inc.Announces Grant of Options

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Vancouver, British Columbia – The press wire – September 3, 2021 – Norseman Silver Inc. (TSXV: NOC) (“Norman“or the”Society) Is pleased to announce that, in accordance with the Company’s Stock Option Plan and the policies of the TSX Venture Exchange, it has granted 700,000 stock options (each, a “Option”) To certain consultants, directors and officers of the Company.

Each option may be exercised for one ordinary share of the Company (each, one “To share“) at a price of $ 0.45 per share, which is the closing price of the shares on the TSX Venture Exchange on September 2, 2021. The options will vest immediately and expire on September 3, 2026.

For more information, please contact:

Sean hurd

Chief Executive Officer

Phone. : 604 505-4554

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATORY PROVIDER (AS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OF THIS COMMUNICATION.

Caution Regarding Forward-Looking Statements

The foregoing contains forward-looking statements which are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward-looking statements. Factors that could cause such differences include: changes in global commodity markets, stock markets, costs and supply of materials relevant to the mining industry, changes in government and regulatory changes affecting the ‘mining industry. Forward-looking statements may be identified by words such as “believes”, “expects”, “intends”, “expects”, “believes”, “could”, “could”, “, and similar expressions. The forward-looking statements contained in this press release include, among others, statements regarding the exercise of options. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. The risks, uncertainties and other factors involved in forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information contained in this press release includes, without limitation, the Company’s future objectives, goals or plans, statements, option grants, when to commence operations and estimates of market conditions. . Factors that could cause actual results to differ materially from this forward-looking information include, but are not limited to, inability to identify mineral resources, inability to convert estimated mineral resources into reserves, inability complete a feasibility study that recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failure to obtain government, environmental or other approvals required for the project, political risks , the inability to meet the obligation to accommodate First Nations and other Indigenous peoples, uncertainties related to the availability and costs of funding needed in the future, stock market fluctuations, inflation, fluctuations exchange rates, fluctuations in raw material prices, delays in project development, investment costs widely varying estimates and other risks involved in the mining exploration and development industry, an inability to predict and counter the effects of COVID-19 on the Company’s business, including including, but not limited to, the effects of COVID-19 on commodity prices, capital market conditions, restriction of labor and international travel and supply chains, and the risks set out in the Company’s Public Documents filed on SEDAR. Although the Company believes that the assumptions and factors used in the preparation of forward-looking information in this press release are reasonable, one should not place undue reliance on such information, which only applies as of the date of this press release. press release, and no guarantees can be made given that such events will occur within the timeframe disclosed or will not occur at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.


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