Fortuna Silver Mines (NYSE: FSM, TSX: FVI) announced Monday it has arranged a bought deal financing with a syndicate of underwriters led by Scotiabank and BMO Capital Markets to purchase 20 million common shares at $3.00 per share for aggregate gross proceeds of $60 million.
News ID: 9486 Publish Date : 2020/05/12
Prospero Silver has begun phase two drilling at its Pachuca SE project in Hidalgo State, Mexico, shortly after Fortuna Silver Mines (TSX: FVI; NYSE: FSM) exercised its option to acquire up to 70% of the project in late 2018. Fortuna can earn its interest in Pachuca SE by spending US$8 million on the project, including at least US$1 million in the first year, and completing a preliminary economic assessment.
News ID: 3359 Publish Date : 2019/01/22