NEW YORK, Jan. 21, 2023 (GLOBE NEWSWIRE) — Pomerantz LLP is investigating claims on behalf of investors of Fortuna Silver Mines Inc. (“Fortuna” or the “Company”) FSM. Those investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, extension 7980.

The investigation concerns whether Fortuna and certain of its officers and/or directors have engaged in securities fraud or other illegal business practices.

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On January 5, 2022, Fortuna issued a press release “Report[ing] that its Mexican subsidiary Compania Minera Cuzcatlan (‘Minera Cuzcatlan’) has received written notification of a decision . . . Issued by the Secretaria de Medio Ambiente y Recursos Naturales (“SEMARNAT”) providing that SEMARNAT reassess the 12-year extension (“EIA Extension”) of the San Jose Mine Environmental Impact Permit (“EIA”), in Oaxaca, Mexico granted to Minera Cuzcatlan in December 2021[.]”

As a result of this news, Fortuna’s stock price fell $0.43 per share, or 10.97%, to close at $3.49 per share on January 5, 2023.

The Pomerantz law firm, with offices in New York, Chicago, Los Angeles and Paris, is one of the leading law firms in the areas of corporate, securities and antitrust litigation. Founded by the late Abraham L. Pomerantz, known as Dean of the Class Attorney’s Association, the Pomerantz firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz law firm continues the tradition he established and fights for the rights of victims of securities fraud, breaches of fiduciary duty and corporate misconduct. The firm has recovered numerous multi-million dollar claims on behalf of group members. See www.pomerantzlaw.com.

CONTACT:
Robert S Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980