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Fortuna Mining Corp 6-K, filed Dec 20, 2021

Fortuna Mining Corp. (FSM)

6-K 2021-12-20 For: 2021-12-20
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Added on April 11, 2026

About this 6-K

Fortuna Mining Corp filed this 6-K on December 20, 2021.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANTTO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of December 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:  December<br> 20, 2021 By: /s/  "Jorge Ganoza Durant"
Jorge Ganoza Durant
President and CEO

Exhibits:

99.1 News release dated December 20, 2021
99.2 Material Change Report dated December 20, 2021
--- ---

Exhibit 99.1

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

Fortuna****receives San Jose Mine environmental impact authorization


Vancouver,December 20, 2021 – Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) is pleased to announce that the Secretaría de Medio Ambiente y Recursos Naturales (“SEMARNAT”) has granted a twelve (12) year extension of the environmental impact authorization (“EIA”) at the San Jose Mine, located in Oaxaca, Mexico.

Fortuna appealed the decision of the authority which denied the San Jose Mine EIA extension application (refer to Fortuna news release dated November 11, 2021). After continued dialogue and technical evaluation, SEMARNAT confirmed operations at the San Jose Mine are conducted in accordance with all environmental obligations under the EIA. Following confirmation of compliance, SEMARNAT reassessed Fortuna’s application and granted the extension on the existing EIA terms.

The San Jose Mine has been the subject of 13 environmental audits by Procuraduría Federal de Protección al Ambiente (“PROFEPA”), most recently in early December 2021, and has never been cited for pollution or environmental damage. The operation sources its industrial water requirements from the Ocotlán Sewage Treatment Plant and the capture and storage of rainfall. The mine, the single largest employer in the region of Valles Centrales, provides direct employment to over 1,200 people which includes approximately 15 percent women. The Company has sustainable development initiatives with various neighboring communities and works with over 150 small local enterprises. Fortuna continues to maintain transparent and constructive dialogue with local stakeholders and authorities and operates adhering to strict environmental standards.

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 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. 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:

CarlosBaca | info@fortunasilver.com

  • 2 -

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 Company’s business strategy, plans and outlook; themerit 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, these Forward-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 statementsthat events, “could” or “should” occur or be achieved and similar expressions, including negative variations.

Forward-lookingStatements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievementsof the Company to be materially different from any results, performance or achievements expressed or implied by the Forward-looking Statements.Such uncertainties and factors include among others, changes in general economic conditions and financial markets; the impact of theCOVID-19 pandemic on the Company’s mining operations and construction activities; the duration and impacts of COVID-19 on the Company’sproduction, workforce, business, operations and financial condition, and the risks relating to a global pandemic, which unless containedcould cause a slowdown in global economic growth; uncertainties related to the impacts of COVID-19 which may include: changing marketconditions, changing restrictions on the mining industry in the countries in which the Company operates, the ability to operate as aresult of government imposed restrictions, including restrictions on travel, the transportation of concentrates and doré, accessto refineries, the impact of additional waves of the pandemic or increases of incidents of COVID-19 in the countries in which we operate;the duration of any suspension of operations at the Company’s mines as a result of COVID-19 which may affect production and theCompany’ business operations and financial condition; the easing of travel restrictions imposed in Argentina which were put inplace to curb the spread of COVID-19; changes in prices for gold, silver and other metals; changes in the prices of keysupplies; technological and operational hazards in Fortuna’s mining and mine development activities; risks inherent in mineralexploration; the ability of the current exploration programs to identify and or expand mineral resources, operational risks in explorationand development; delays or changes in plans with respect to exploration or development projects; uncertainties inherent in the estimationof mineral reserves, mineral resources, and metal recoveries; changes to current estimates of mineral reserves and resources; changesto production and cost estimates; governmental and other approvals; changes in government, political unrest or instability in countrieswhere Fortuna is active; fluctuations in currencies and exchange rates; the imposition of capital control in countries in which the Companyoperates; labor relations issues; as well as those factors discussed under “Risk Factors” in the Company's Annual InformationForm. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materiallyfrom those described in Forward-looking Statements, there may be other factors that cause actions, events or results to differ from thoseanticipated, estimated or 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-19on the 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 many 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

FORM 51-102F3

MATERIAL CHANGE REPORT


Item 1: Name and Address of Company

Fortuna Silver Mines Inc. (“Fortuna” or the “Company”)

Suite 650, 200 Burrard Street

Vancouver, British Columbia

Canada V6C 3L6

Item 2: Date of Material Change

December 20, 2021

Item 3: News Release

A news release announcing the material change referred to in this report was disseminated on December 20, 2021 through GlobeNewswire and subsequently filed under Fortuna’s profile on SEDAR.

Item 4: Summary of Material Change

On December 20, 2021, Fortuna announced that the Secretaría de Medio Ambiente y Recursos Naturales (“SEMARNAT”) has granted a twelve (12) year extension of the environmental impact authorization (“EIA”) at the San Jose Mine, located in Oaxaca, Mexico.

Item 5: Full Description of Material Change

Fortuna appealed the decision of the authority which denied the San Jose Mine EIA extension application (refer to Fortuna news release dated November 11, 2021). After continued dialogue and technical evaluation, SEMARNAT confirmed operations at the San Jose Mine are conducted in accordance with all environmental obligations under the EIA. Following confirmation of compliance, SEMARNAT reassessed Fortuna’s application and granted the extension on the existing EIA terms.

Item 6: Reliance on subsection 7.1(2) of National Instrument 51-102

Not applicable.

Item 7: Omitted Information

Not applicable.

Item 8: Executive Officer

For further information, please contact Jorge Ganoza Durant, President and Chief Executive Officer of Fortuna, at 604-484-4085.

Item 9: Date of Report

December 20, 2021