Fortuna Mining Corp 6-K, filed Oct 19, 2020

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

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

For the month of October 2020

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  þ

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.

Exhibits:

99.1       Newsrelease dated October 16, 2020

Exhibit 99.1

Fortuna Files Early Warning Report

Vancouver, October 16, 2020 –Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) announces that on October 16, 2020 common share purchase warrants (the “Warrants”) entitling Fortuna to purchase up to 1,079,700 common shares of Medgold Resources Corp. (“Medgold”), of 200 Burrard Street, Suite 650, Vancouver, BC V6C 3L6, at a price of C$0.40 per common share expired unexercised. Prior to the expiry of these Warrants, Fortuna owned and controlled 21,079,700 common shares and 1,079,700 Warrants.

Immediately following the expiry of the Warrants, Fortuna owns and controls 21,079,700 common shares of Medgold, representing 15.64 percent of the issued and outstanding common shares of Medgold, and owns no Warrants. The expiry of the Warrants resulted in an ownership change of greater than 2 percent, and therefore the filing of an update to the early warning report previously filed.

Fortuna previously acquired common shares of Medgold for investment purposes, and depending on market and other conditions, it may from time to time in the future increase or decrease its ownership, control or direction over securities of Medgold through market transactions, private agreements, or otherwise. Fortuna has filed on www.sedar.com a report in accordance with NI 62-103, and a copy of the report may be obtained by contacting Sally Whittall, Fortuna’s Corporate Secretary, at +1.604.484.4085.

About Fortuna SilverMines Inc.

Fortuna Silver Mines Inc. is a Canadian precious metals mining company with operations in Peru, Mexico and Argentina. Sustainability is integral to all our operations and relationships. We produce silver and gold 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 at www.fortunasilver.com.

ON BEHALF OF THE BOARD

Jorge A. Ganoza

President, CEO, and Director

Fortuna Silver Mines Inc.

Investor Relations:

Carlos Baca | T (Peru): +51.1.616.6060, ext. 0

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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 thanstatements of historical fact, are Forward-looking Statements and are subject to a variety of known and unknown risks and uncertaintieswhich could cause actual events or results to differ materially from those reflected in the Forward-looking Statements. The Forward-lookingStatements in this news release may include, without limitation, statements regarding the possible future acquisition or dispositionby the Company of securities in Medgold. Often, but not always, these Forward-looking Statements can be identified by the use ofwords such as “estimated”, “potential”, “open”, “future”, “assumed”, “projected”, “used”, “detailed”, “has been”, “gain”, “planned”, “reflecting”, “will”, “containing”, “remaining”, “to be”, or statementsthat events, “could” or “should” occur or be achieved and similar expressions, including negative variations.

Forward-looking Statements involve knownand unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Companyto be materially different from any results, performance or achievements expressed or implied by the Forward-looking Statements.Such uncertainties and factors include, among others, whether the Company will in the future acquire or dispose of securities inMedgold; changes in general economic conditions and financial markets; the impact of the COVID-19 pandemic on the Company’smining operations and construction activities; the duration and impacts of COVID-19 on the Company’s production, workforce,business, operations and financial condition, and the risks relating to a global pandemic, which unless contained could cause aslowdown in global economic growth; the duration of any suspension of operations at the Company’s mines and the Lindero Project,the impact of the suspension of operations on production and the Company’ business operations and financial condition; changesin prices for gold, silver and other metals; technological and operational hazards in Fortuna’s mining and mine developmentactivities; risks inherent in mineral exploration; 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 cost estimates;governmental and other approvals; changes in government, political unrest or instability in countries where Fortuna is active;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 differmaterially from those described in Forward-looking Statements, there may be other factors that cause actions, events or resultsto differ from those anticipated, estimated or intended.

Forward-looking Statements containedherein are based on the assumptions, beliefs, expectations and opinions of management, including but not limited to expectationsregarding the possible future acquisition or disposition by the Company of securities in Medgold; the expected trends in mineralprices and currency exchange rates; the accuracy of the Company’s current mineral resource and reserve estimates; that theCompany’s activities will be in accordance with the Company’s public statements and stated goals; that there will beno material adverse change affecting the Company or its properties; and such other assumptions as set out herein. Forward-lookingStatements are made as of the date hereof and the Company disclaims any obligation to update any Forward-looking Statements, whetheras a result of new information, future events or results or otherwise, except as required by law. There can be no assurance thatthese Forward-looking Statements will prove to be accurate, as actual results and future events could differ materially from thoseanticipated in such statements. Accordingly, investors should not place undue reliance on Forward-looking Statements.