Fortuna announces release dates of 2016 year end and first quarter 2017 financial results; Confirms AGM date

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Vancouver, May 9, 2017– Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) today announces that it will release its financial statements and MD&A for 2016 year end and for the first quarter of 2017 after the market closes on Monday, May 15, 2017 and Wednesday, May 24, 2017, respectively. The Company also confirms that its 2017 annual general meeting will be held on Wednesday, July 5, 2017. As previously announced, Fortuna is delayed in filing its annual audited financial statements and related MD&A for the year ended December 31, 2016, the related Chief Executive Officer and Chief Financial Officer certificates, and its annual information form for the year ended December 31, 2016 (collectively, the “Annual Financial Documents”) due to a review by the Securities and Exchange Commission (“SEC”) of the Company’s use of inferred resources for the calculation of depletion expense in its audited financial statements contained in the Annual Report on Form 40-F for the year ended December 31, 2015. In connection with the delayed filing of the Annual Financial Documents, the Company applied for and received a management cease trade order (“MCTO”) from the British Columbia Securities Commission and other Canadian provincial securities regulatory authorities (collectively, the “Securities Regulators”). The MCTO prohibits certain executive officers of the Company from trading in securities of the Company until the Company completes the required filing of the Annual Financial Documents as well as its interim financial documents for the first quarter of 2017, and the regulator revokes the MCTO.

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