Fortuna Silver Mines (FSM) to acquire Roxgold

• Fortuna Silver Mines and Roxgold agree to business combination creating a low-cost intermediate global precious metals producer

Fortuna Silver Mines (FSM) entered into an agreement to acquire all of the issued and outstanding securities of Canadian-based gold mining company Roxgold; shareholders of Roxgold will receive 0.283 common shares of co and C$0.001 per Roxgold common share held, implying a premium of +42.1% vs Friday's closing levels. Through the transaction, co expects to acquire a complete business platform that brings low-cost gold production, a permitted Feasibility stage development project, and a robust exploration pipeline.