Shares Issued and Outstanding: 101,370,142
TORONTO, ON and LIMA, Peru, Feb. 15 /CNW/ - Norsemont Mining Inc. (the
"Company") (TSX: NOM, BVL: NOM) today announced that Sentient Executive
GP III, Limited ("Sentient III"), the holder of $9.8 million principal
amount of convertible promissory notes issued by the Company, has given
notice of conversion of the entire outstanding balance under the
notes. As a result, the Company's long term debt has been retired in
Following the conversion of the Company's long term debt, the Company
has 101,370,142 common shares issued and outstanding. To the best of
the knowledge of management, the only shareholder holding more than 10%
of the issued and outstanding shares of the Company is The Sentient
group of funds (comprised of Sentient III, Sentient Executive GP I,
Limited and Sentient (Aust.) Pty Ltd.) with an aggregate of 30,401,458
common shares, or 29.9% of the Company's issued and outstanding shares.
ABOUT NORSEMONT MINING - Norsemont is a mineral exploration and development company advancing
the Constancia Copper project in Southern Peru. The Company's
Constancia project is located in Cusco department, approximately 100
kilometres south of Cusco, Peru. The company's shares are traded on the
Toronto Stock Exchange under the symbol NOM, and on the Bolsa de
Valores, Lima (BVL) also under the symbol NOM.
SOURCE Norsemont Mining Inc.
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Norsemont Mining Inc