Fortuna Silver Mines


Primary ticker: TSX:FVI, NYSE:FSM, Frankfurt:F4SF
Stage of development: Production
Primary minerals: Gold and Silver
Project to promote: Séguéla Gold Project, Cote d’Ivoire
Project location: Mexico, Peru, Argentina, Burkina Faso, Côte d´Ivoire
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Fortuna Silver Mines Inc. is a Canadian precious metals mining company with four operating mines in Argentina, Burkina Faso, Mexico and Peru, and a fifth mine under construction in Côte d’Ivoire. Sustainability is integral to all our operations and relationships. We produce gold and silver and generate shared value over the long-term for our stakeholders through efficient production, environmental protection, and social responsibility.

Fortuna is financially stable and does not hedge its precious metals production. Shares of the company trade mainly on the New York Stock Exchange (NYSE: FSM) and on the Toronto Stock Exchange (TSX: FVI).

Cash: USD $150M (Total liquidity)

Debt: USD$146 M

Major shareholders:
Van Eck Associates – 10.38% OS
Global X Management – 2.83% OS
BlackRock Fund Advisors – 1.71% OS
Earth Resource Investments – 1.49%
Euro Pacific Asset Management – 1.37%
Management Ownership – 1.33% OS

Management Profile

Jorge A. Ganoza – CEO, President, Director and co-founder
Jorge A. Ganoza co-founded Fortuna Silver Mines Inc. in 2004 and currently serves as our President and CEO and as a Director on our Board. Jorge is an experienced geological engineer who has worked on mineral exploration, mining and business development projects throughout Latin America since 1995. Before founding Fortuna, he worked in business development at senior levels for several private and public Canadian junior mining companies operating in Central and South America. He graduated from the New Mexico Institute of Mining and Technology in 1995. Jorge served as director of Ferreycorp from March 2017 to July 2020.

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