Investment Highlights

Financial stability

Cash^1,2 (end Q3 2019)

$150.0 million credit facility

Notes:

Prior to the completion of the US$40 million bought deal financing of 4.65% senior subordinated unsecured convertible debentures and the exercise of the Over-Allotment Option for gross proceeds of US$6 million which closed on October 2 and 8, 2019, respectively; refer to Fortuna news release dated October 2, 2019, “Fortuna Silver Mines Closes US$40 Million Bought Deal Financing of 4.65% Convertible Debentures” and to Fortuna news release dated October 8, 2019, “Fortuna Silver Mines Announces Closing of Convertible Debenture Over-Allotment Option”
Cash position is Management’s unaudited estimate as at September 30, 2019

Exploration potential for new discoveries in and around land positions in Peru, Mexico and Argentina

Generative programs to identify potential acquisition opportunities in Mexico and Argentina

Evaluate strategic acquisitions throughout the Americas and in select other areas