Fortuna announces sale of common shares of Keon Capital Inc.

Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) announced that on September 7, 2021 the company entered into agreements with two private purchasers providing for the sale of an aggregate of 515,365 common shares (the "Sale Shares") held by Fortuna in Keon Capital Inc. (formerly Prospero Silver Corp.) ("Keon"), at a purchase price of C$0.10 per common share, for aggregate proceeds of C$51,536.50.

The Sale Shares represent approximately 26.9% of the issued and outstanding common shares of Keon as of September 7, 2021. Upon completion of the transactions contemplated in the sale agreements, Fortuna disposed of all its common shares in Keon and does not hold any common shares or securities in Keon.   Fortuna disposed of the Sale Shares for investment purposes and currently has no plan or proposal which relates to or would result in acquiring ownership or control over securities of Keon.

A copy of the early warning report required to be filed by Fortuna with respect to the foregoing matters will be filed and made available under Keon's profile on SEDAR . A copy of the early warning report may also be obtained by contacting Fortuna's Corporate Secretary at +1.604.484.4085.

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


Primary Logo

News Provided by GlobeNewswire via QuoteMedia

The Conversation (0)
Steve Penny, gold and silver bars.

Steve Penny: Silver, Gold, Uranium — Price Targets and My Strategy

Steve Penny, founder of SilverChartist.com, explains why he currently has a bullish outlook for gold, silver and platinum, as well as uranium. “The reaction to the next deflationary impulse is what I believe ultimately sends silver up towards triple digits, gold up towards north of US$10,000... Keep Reading...
Rich Checkan, gold bars.

Rich Checkan: Silver to Outpace Gold in 2026, Use This Dip to Buy

Rich Checkan, president and COO of Asset Strategies International, shares his thoughts on the recent pullback in gold and silver prices, emphasizing that both still have room to run. In his view, silver is set to outpace gold in 2026. Don't forget to follow us @INN_Resource for real-time... Keep Reading...
  Unico Silver Limited

New Discoveries Reinforces District Potential at Joaquin

High-grade results from La Morocha, La Negra SE and La Morocha SE confirm Joaquin as a district-scale silver-gold system.

Unico Silver Limited (“USL” or the “Company”) is pleased to report assay results for 21 holes (3587m) as part of an ongoing drill program at the Company’s 100%-owned Joaquin Project in Santa Cruz, Argentina. This includes exceptional high-grade silver gold intercepts at three prospects – La... Keep Reading...
Stock market graphic showing "silver" with green and red arrows.

Silver’s 2025 Rally Lifts Miners to Record Q3 Results

The silver price rally that began earlier this year has translated into strong Q3 results for miners. Silver has erupted in 2025, breaking the US$30 per ounce barrier at the start of the year before accelerating into the spring with a February 20 print of US$32.94 and a Q1 peak of US$34.21 on... Keep Reading...
Stacks of silver bars and coins on financial charts.

Sun Silver Begins Trading on OTCQX as Part of US Expansion

Sun Silver (ASX:SS1) will commence trading on the US OTCQX market following strong US investor interest, the company said earlier this week.The OTCQX trading allows US investors to trade the company’s shares in US dollars and during the US market hours.According to Sun Silver, US investor... Keep Reading...
Prince Silver (CSE:PRNC)

Prince Silver Corp Announces Closing of First Tranche of Private Placement Financing

Prince Silver Corp. ("Prince" or the "Company") (CSE:PRNC)(OTCQB:PRNCF) is pleased to announce that further to its news release dated September 24, 2025, the Company has closed the first tranche (the "First Tranche") of its previously announced non-brokered private placement financing for gross... Keep Reading...

Latest Press Releases

Related News