0001104659-20-067513.txt : 20200529 0001104659-20-067513.hdr.sgml : 20200529 20200529123734 ACCESSION NUMBER: 0001104659-20-067513 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200529 FILED AS OF DATE: 20200529 DATE AS OF CHANGE: 20200529 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FORTUNA SILVER MINES INC CENTRAL INDEX KEY: 0001341335 STANDARD INDUSTRIAL CLASSIFICATION: GOLD & SILVER ORES [1040] IRS NUMBER: 000000000 STATE OF INCORPORATION: A1 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-35297 FILM NUMBER: 20925620 BUSINESS ADDRESS: STREET 1: 200 BURRARD ST STREET 2: SUITE 650 CITY: VANCOUVER STATE: A1 ZIP: V6C 3L6 BUSINESS PHONE: 604-484-4085 MAIL ADDRESS: STREET 1: 200 BURRARD ST STREET 2: SUITE 650 CITY: VANCOUVER STATE: A1 ZIP: V6C 3L6 6-K 1 tm2021362d1_6-k.htm FORM 6-K

  

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of May 2020

 

Commission File Number 001-35297

 

Fortuna Silver Mines Inc.

(Translation of registrant’s name into English)

 

200 Burrard Street, Suite 650, Vancouver, British Columbia, Canada V6C 3L6

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

FORM 20-F   ¨         FORM 40-F  þ

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation

S-T Rule 101(b)(1):  ¨

 

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation

S-T Rule 101(b)(7):  ¨

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. 

 

   

 

 

 

Date: May 29, 2020

Fortuna Silver Mines Inc.

(Registrant)

 

By:  /s/  "Jorge Ganoza Durant"

Jorge Ganoza Durant

President and CEO

             

 

 

Exhibits:

 

99.1       Material Change Report dated May 29, 2020

 

 

 

 

EX-99.1 2 tm2021362d1_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1 

 

FORM 51-102F3

MATERIAL CHANGE REPORT

 

Item 1:   Name and Address of Company
     
   

Fortuna Silver Mines Inc. (“Fortuna” or the “Company”)

200 Burrard Street, Suite 650

Vancouver, BC

V6C 3L6

     
Item 2:   Date of Material Change
     
    May 20, 2020
     
Item 3:   News Release
     
    A news release announcing the material change referred to in this report was disseminated on May 20, 2020 through Globe Newswire and a copy has been filed under Fortuna’s profile on SEDAR.
     
Item 4:   Summary of Material Change
     
    On May 20, 2020, Fortuna completed its previously announced bought deal equity offering (the “Offering”). The Company issued a total of 23,000,000 common shares of the Company (the “Shares”) at a price of US$3.00 per Share for gross proceeds to Fortuna of US$69,000,000, which includes the exercise, in full, of an over-allotment option of 3,000,000 Shares (the “Over-Allotment Option”) granted to the Underwriters (as defined below).
     
Item 5:   Full Description of Material Change
     
   

On May 20, 2020, Fortuna completed its previously announced Offering of Shares. The Company issued a total of 23,000,000 Shares at a price of US$3.00 per Share for gross proceeds of US$69,000,000, which includes the exercise, in full, of the Over-Allotment Option.

 

The Offering was conducted through a syndicate of underwriters led by Scotiabank and BMO Capital Markets, including PI Financial, CIBC Capital Markets and National Bank Financial (collectively, the “Underwriters”).

 

The Offering, including the qualification of the Over-Allotment Option, was made pursuant to a prospectus supplement to the Company’s final base shelf prospectus dated April 29, 2020 filed in each of the provinces of Canada, except Québec, and in the United States on a private placement basis pursuant to an exemption from the registration requirements of the United States Securities Act of 1933, as amended.

 

The Company intends to use the net proceeds from the Offering to fund remaining construction and preproduction related expenditures at its Lindero gold project in Argentina and for general working capital purposes.

     
Item 6:   Reliance on Subsection 7.1(2) or (3) of National Instrument 51-102
     
    Not applicable.
     

 

 

 

2

 

     
Item 7:   Omitted Information
     
    Not applicable.
     
Item 8:   Executive Officer
     
   

For further information, please contact Jorge Ganoza Durant, President and Chief Executive Officer of Fortuna, at (604) 484-4085.

     
Item 9:   Date of Report
     
    May 29, 2020