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Fortuna Silver Mines Inc. (FSM)

Investigation 

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Fortuna Silver Mines Inc. (“Fortuna” or the “Company”) (NYSE: FSM). Investors who purchased Fortuna securities are encouraged to obtain additional information and assist the investigation.          

 

The investigation concerns whether Fortuna has violated federal securities laws.

 

On January 5, 2022, Fortuna issued a press release “report[ing] that its Mexican subsidiary, Compania Minera Cuzcatlan (‘Minera Cuzcatlan’), has received written notice of a resolution . . . issued by the Secretaria de Medio Ambiente y Recursos Naturales (‘SEMARNAT’) which provides that SEMARNAT is re-assessing the 12-year extension (‘EIA Extension’) to the environmental impact authorization (‘EIA’) for the San Jose Mine, located in Oaxaca, Mexico that it granted to Minera Cuzcatlan in December 2021[.]”  On 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.

 

If you are aware of any facts relating to this investigation or purchased Fortuna shares, you can assist this investigation. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484. 

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

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