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Fortuna Mining Corp 6-K, filed Oct 25, 2021

Fortuna Mining Corp. (FSM)

6-K 2021-10-25 For: 2021-10-25
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Added on April 11, 2026

About this 6-K

Fortuna Mining Corp filed this 6-K on October 25, 2021.


UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TORULE 13a-16 OR15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of October 2021

Commission File Number 001-35297

Fortuna Silver Mines Inc.

(Translation of registrant’s name into English)

200 Burrard Street, Suite 650, Vancouver, British Columbia, Canada V6C 3L6

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

FORM 20-F   ¨                            FORM 40-F x

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ¨

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Fortuna Silver Mines Inc.
(Registrant)
Date:  October 25, 2021 By: /s/  “Jorge GanozaDurant”
Jorge Ganoza Durant
President and CEO

Exhibits:

99.1            Newsrelease dated October 25, 2021

99.2            Newsrelease dated October 25, 2021

Exhibit 99.1

NYSE: FSM TSX: FVI<br><br> <br>www.fortunasilver.com NEWS RELEASE

Fortuna****provides an update on the extension of the environmental impact authorization at its San Jose Mine, Mexico

Vancouver, October 25, 2021 – FortunaSilver Mines Inc. (NYSE: FSM) (TSX: FVI) is providing an update on the status of its application for an extension of the environmental impact authorization at the San Jose Mine, located in Oaxaca, Mexico.

In 2009, the Secretaría de Medio Ambiente y Recursos Naturales (“SEMARNAT”) granted an Environmental Impact Authorization (“EIA”) to Fortuna’s Mexican subsidiary, Companía Minera Cuzcatlán (“CMC”), which authorized the construction, execution and maintenance of the San Jose Mine for a period of 12 years effective until October 23, 2021. In May 2021, CMC filed an application to extend the term of the EIA for an additional period of 10 years. SEMARNAT requested additional information pertaining to the application which has been provided. A decision from SEMARNAT is outstanding.

The filing of an extension of the EIA is a normal and recurrent administrative procedure that is customarily granted so long as the filer is in compliance in all material respects with its environmental obligations, as is CMC. Under the current SEMARNAT administration and COVID-19 restrictions, the administrative process has become more cumbersome and is taking longer than in the past.

CMC is working with SEMARNAT and government authorities to resolve this matter and has obtained a provisional injunction from a Mexican federal court that allows the continued operation of the San Jose Mine beyond the expiry date of the EIA. CMC has also initiated legal proceedings in the Federal Administrative Court in Mexico City to protest the lack of formal response to the application to extend the EIA and to seek an additional injunction to permit the continued operation of the San Jose Mine until the extension to the EIA is granted.

About Fortuna Silver Mines Inc.

Fortuna Silver Mines Inc. is a Canadian precious metals mining company with four operating mines in Argentina, Burkina Faso, Mexico and Peru, and an advanced development project 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 shareholders and stakeholders through efficient production, environmental protection, and social responsibility. For more information, please visit our website.

ON BEHALF OF THE BOARD

Jorge A. Ganoza

President, CEO, and Director

Fortuna Silver Mines Inc.

Investor Relations:

Carlos Baca | info@fortunasilver.com

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Forward-looking Statements

This news release contains forward-lookingstatements which constitute “forward-looking information” within the meaning of applicable Canadian securities legislationand “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private SecuritiesLitigation Reform Act of 1995 (collectively, “Forward-looking Statements”). All statements included herein, other than statementsof historical fact, are Forward-looking Statements and are subject to a variety of known and unknown risks and uncertainties which couldcause actual events or results to differ materially from those reflected in the Forward-looking Statements. The Forward-looking Statementsin this news release may include, without limitation, statements about the legal proceedings initiated by Compania Minera Cuzcatlan (“CMC”)to protest the lack of formal response to CMC’s application to extend its environmental impact authorization at the San Jose mine,which includes an application for an injunction to permit the operation of the San Jose mine beyond the expiry date of the EIA until theEIA is granted; the Company’s business strategy, plans and outlook; the merit of the Company’s mines and mineral properties;the future financial or operating performance of the Company; expenditures; approvals and other matters. Often, but not always, theseForward-looking Statements can be identified by the use of words such as “estimated”, “potential”, “open”, “future”, “assumed”, “projected”, “used”, “detailed”, “has been”, “gain”, “planned”, “reflecting”, “will”, “anticipated”, “estimated” “containing”, “remaining”, “to be”, or statements that events, “could” or “should”occur or be achieved and similar expressions, including negative variations.

Forward-looking Statements involve known andunknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materiallydifferent from any results, performance or achievements expressed or implied by the Forward-looking Statements. Such uncertainties andfactors include among others, the ability of CMC to obtain an extension from SEMARNAT to the EIA; obtaining an injunction from the MexicanCourt to allow the continued operation at the San Jose mine, changes in general economic conditions and financial markets; the impactof the COVID-19 pandemic on the Company’s mining operations and construction activities; the duration and impacts of COVID-19 onthe Company’s production, workforce, business, operations and financial condition, and the risks relating to a global pandemic,which unless contained could cause a slowdown in global economic growth; uncertainties related to the impacts of COVID-19 which may include:changing market conditions, changing restrictions on the mining industry in the countries in which the Company operates, the ability tooperate as a result of government imposed restrictions, including restrictions on travel, the transportation of concentrates and doré,access to refineries, the impact of additional waves of the pandemic or increases of incidents of COVID-19 in the countries in which weoperate; the duration of any suspension of operations at the Company’s mines as a result of COVID-19 which may affect productionand the Company’ business operations and financial condition; the easing of travel restrictions imposed in Argentina which wereput in place to curb the spread of COVID-19; changes in prices for gold, silver and other metals; changes in the prices of key supplies;technological and operational hazards in Fortuna’s mining and mine development activities; risks inherent in mineral exploration;the ability of the current exploration programs to identify and or expand mineral resources, operational risks in exploration and development;delays or changes in plans with respect to exploration or development projects; uncertainties inherent in the estimation of mineral reserves,mineral resources, and metal recoveries; changes to current estimates of mineral reserves and resources; changes to production and costestimates; governmental and other approvals; changes in government, political unrest or instability in countries where Fortuna is active;fluctuations in currencies and exchange rates; the imposition of capital control in countries in which the Company operates; labor relationsissues; as well as those factors discussed under “Risk Factors” in the Company's Annual Information Form. Although the Companyhas attempted to identify important factors that could cause actual actions, events or results to differ materially from those describedin Forward-looking Statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimatedor intended.

Forward-looking Statements contained hereinare based on the assumptions, beliefs, expectations and opinions of management, including but not limited to the accuracy of the Company’scurrent mineral resource and reserve estimates; that the Company’s activities will be in accordance with the Company’s publicstatements and stated goals; that there will be no material adverse change affecting the Company or its properties; that the reconciliationof mineral reserves at the Company’s mines remains consistent with the mineral reserve model; changes to production estimates (whichassume accuracy of projected ore grade, mining rates, recovery timing, and recovery rate estimates and may be impacted by unscheduledmaintenance, labour and contractor availability and other operating or technical difficulties); the duration and impacts of COVID-19 onthe Company’s production, workforce, business, operations and financial condition, and the risks relating to a global pandemic,which unless contained could cause a slowdown in global economic growth; government mandates in Peru, Mexico, Argentina, Burkina Fasoand Côte d’Ivoire with respect to mining operations generally or auxiliary businesses or services required for the Company’soperations; government and the Company’s attempts to reduce the spread of COVID-19 which may affect may aspects of the Company’soperations, including transportation of personnel to and from site, contractor and supplier availability and the ability to sell or deliverconcentrate and doré; the expected trends in mineral prices and currency exchange rates; that the Company’s activities willbe in accordance with the Company’s public statements and stated goals; that there will be no material adverse change affectingthe Company or its properties; that all required approvals and permits will be obtained for the Company’s business and operations;that there will be no significant disruptions affecting operations and such other assumptions as set out herein. Forward-looking Statementsare made as of the date hereof and the Company disclaims any obligation to update any Forward-looking Statements, whether as a resultof new information, future events or results or otherwise, except as required by law. There can be no assurance that these Forward-lookingStatements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.Accordingly, investors should not place undue reliance on Forward-looking Statements.

Exhibit 99.2

NYSE: FSM TSX: FVI<br><br> <br>www.fortunasilver.com NEWS RELEASE

Fortuna to release third quarter2021 unaudited financial results on November 10, 2021; Conference call at 12 p.m. Eastern time on November 12, 2021

Vancouver, October 25, 2021 -- FortunaSilver Mines Inc. (NYSE: FSM) (TSX: FVI) announces that it will release its unaudited financial statements and MD&A for the third quarter of 2021 on Wednesday, November 10, 2021 after the market closes.

A conference call to discuss the financial and operational results will be held on Friday, November 12, 2021 at 9:00 a.m. Pacific time | 12:00 p.m. Eastern time. Hosting the call will be Jorge A. Ganoza, President and CEO, and Luis D. Ganoza, Chief Financial Officer.

Shareholders, analysts, media and interested investors are invited to listen to the live conference call by logging onto the webcast at: https://www.webcaster4.com/Webcast/Page/1696/43329 or over the phone by dialing in just prior to the starting time.

Conference call details:

Date: Friday, November 12, 2021

Time: 9:00 a.m. Pacific time | 12:00 p.m. Eastern time

Dial in number (Toll Free): +1. 888.506.0062

Dial in number (International): +1.973.528.0011

Entry code: 664594

Replay number (Toll Free): +1.877.481.4010

Replay number (International): +1.919.882.2331

Replay Passcode: 43329

Playback of the earnings call will be available until Friday, November 26, 2021. Playback of the webcast will be available until Saturday, November 12, 2022. In addition, a transcript of the call will be archived on the Company’s website at https://fortunasilver.com/investors/financial-reports/.

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About Fortuna Silver MinesInc.

Fortuna Silver Mines Inc. is a Canadian precious metals mining company with four operating mines in Argentina, Burkina Faso, Mexico and Peru, and an advanced development project 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 shareholders and stakeholders through efficient production, environmental protection, and social responsibility. For more information, please visit our website.

ON BEHALF OF THE BOARD

Jorge A. Ganoza

President, CEO, and Director

Fortuna Silver Mines Inc.

Investor Relations:

Carlos Baca | info@fortunasilver.com