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Fortuna announces changes in management team

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Fortuna Silver Mines (NYSE: FSM) announces the voluntary resignation of Paul Criddle as Chief Operating Officer - West Africa, effective September 30, 2022, due to personal reasons. He will remain a senior advisor until the Séguéla Mine in Côte d'Ivoire is completed, which is currently 66% finished as of June 30, 2022. David Whittle, formerly Vice President of Operations - West Africa, will take over as COO from October 1, 2022. Fortuna appreciates Criddle's contributions and welcomes Whittle to the executive team, aiming to strengthen operations in the region.

Positive
  • David Whittle's promotion reflects internal leadership development.
  • Completion of the Séguéla Mine is on track at 66%.
  • Fortuna emphasizes its commitment to sustainable practices.
Negative
  • Paul Criddle's resignation may affect continuity in leadership until the mine is fully operational.

VANCOUVER, British Columbia, Aug. 17, 2022 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) announces the voluntary resignation of Paul Criddle from the position of Chief Operating Officer - West Africa effective September 30, 2022. Paul presented his resignation due to personal reasons and will remain as a senior advisor to the Company until the completion of the construction of the Séguéla Mine in Cote d´Ivoire.

Paul joined Fortuna on July 2, 2021, after the completion of the acquisition of Roxgold Inc. (refer to Fortuna news release dated July 2, 2021), and has made significant contributions to the seamless integration of both companies, while spearheading the construction of the Séguéla Mine in Côte d´Ivoire. The overall project was 66 percent complete as of June 30, 2022.

David Whittle, Vice President of Operations - West Africa, has been promoted to Chief Operating Officer - West Africa, effective October 1, 2022. David has been responsible for the operational performance of the Yaramoko Mine over the past three years and is leading the operational readiness of Séguéla and the establishment of a regional office in Abidjan, Côte d´Ivoire. David is a mining engineer and proven leader with over 30 years of mining operations experience in open pit and underground operations in various commodities throughout the world, including the United Kingdom, South Africa, Australia, Papua New Guinea, Fiji, Saudi Arabia, and Russia.

Jorge A. Ganoza, President and CEO of Fortuna, commented, “On behalf of the Board of Directors and management, I would like to extend my gratitude and recognition to Paul for his leadership in the successful integration and development of our business in West Africa.” Mr. Ganoza continued, “I welcome David to the Executive Leadership team and look forward to working together as we continue to grow and strengthen our business in the region.”

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:
Carlos Baca | info@fortunasilver.com | Twitter: @Fortuna_Silver | LinkedIn: fortunasilvermines


FAQ

What is the reason for Paul Criddle's resignation from Fortuna Silver Mines?

Paul Criddle resigned due to personal reasons but will stay as a senior advisor until the Séguéla Mine is completed.

Who has been promoted to COO at Fortuna Silver Mines?

David Whittle has been promoted to Chief Operating Officer - West Africa effective October 1, 2022.

What is the current completion percentage of the Séguéla Mine?

As of June 30, 2022, the Séguéla Mine is 66% complete.

What is Fortuna Silver Mines's focus regarding sustainability?

Fortuna Silver Mines integrates sustainability into all operations, focusing on efficient production, environmental protection, and social responsibility.

When did Paul Criddle join Fortuna Silver Mines?

Paul Criddle joined Fortuna on July 2, 2021, after the acquisition of Roxgold Inc.

Fortuna Mining Corp.

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