VANCOUVER, Sept. 15, 2011 /CNW/ - Fortuna Silver Mines Inc. (TSX: FVI) (Lima Stock Exchange: FVI / www.fortunasilver.com) is pleased to announce that it has been approved to list its common
shares on the New York Stock Exchange ("NYSE") on September 19, 2011
under the trading ticker symbol "FSM". The Company will retain its listings on the Toronto Stock Exchange
("TSX") and the Lima Stock Exchange ("BVL"), both under the symbol
Jorge A. Ganoza, Fortuna President, CEO and Director, stated: "As a
growing multinational mining corporation, Fortuna's size and market
capitalization have increased significantly. It is the right time for
the Company to take this step and we believe our shareholders will
benefit from listing on the NYSE, one of the world's premier securities
markets. The Company looks forward to the opportunity to broaden its
investor base as our business continues to expand."
"We welcome Fortuna Silver Mines Inc. to the NYSE Euronext family of
listed companies and to New York Stock Exchange," said Scott Cutler,
Executive Vice President, NYSE Euronext. "Fortuna Silver Mines and its
shareholders will benefit from superior market quality and technology,
a broad array of issuer and investor services and a global brand
association. We look forward to building a strong and lasting
partnership with the Company and its shareholders."
Fortuna Silver Mines Inc.
Established in 2004, Fortuna is a growth-oriented, silver and base metal
producer focused on mining opportunities in Latin America. Our primary
assets are the Caylloma silver mine in southern Peru and the San Jose
silver-gold mine in Mexico. The Company is selectively pursuing
additional acquisition opportunities. For more information, please
visit our website at www.fortunasilver.com.
ON BEHALF OF THE BOARD
President, CEO and Director
Fortuna Silver Mines Inc.
Symbol: TSX: FVI / Lima Stock Exchange: FVI
Certain statements in this press release constitute forward-looking
statements and as such are based on an assumed set of economic
conditions and courses of action. These include estimates of the time
of commencement, commissioning and full production, future production
levels, expectations regarding mine production costs, expected trends
in mineral prices and statements that describe Fortuna's future plans,
objectives or goals. There is a significant risk that actual results
will vary, perhaps materially, from results projected depending on such
factors as changes in general economic conditions and financial
markets, changes in prices for silver and other metals, technological
and operational hazards in Fortuna's mining and mine development
activities, risks inherent in mineral exploration, uncertainties
inherent in the estimation of mineral reserves, mineral resources, and
metal recoveries, the timing and availability of financing,
governmental and other approvals, political unrest or instability in
countries where Fortuna is active, labor relations and other risk
SOURCE Fortuna Silver Mines Inc.
For further information:
Management Head Office: Carlos Baca- Tel: +51.1.616.6060, ext. 2
Corporate Office: Ralph Rushton - Tel: +1.604.484.4085