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FVI.TO ·

Fortuna CEO purchases company shares

Corporate Updates

Fortuna CEO purchases company shares

Vancouver, October 10 , 2017-- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI)

announces that Jorge A. Ganoza, Chief Executive Officer of the Company, has increased his

equity position in the Company by acquiring 131,800 common shares on the open market.

The shares were purchased at a price of US $4.51 per share, for an aggregate purchase price of

approximately US$594,000. An insider report filing reflecting the share acquisition has been

made on the SEDI website at www.sedi.ca.

About Fortuna Silver Mines Inc.

Fortuna is a growth oriented, precious metal producer focused on mining opportunities in Latin

America. The Company’s primary assets are the Caylloma silver mine in southern Peru, the San

Jose silver -gold mine in Mexico and the Lindero gold project in Argentina. The Company is

selectively pursuing acquisition opportunities throughout the Americas and in select other areas.

ON BEHALF OF THE COMPANY

Carlos Baca

Investor Relations Manager

Trading symbols: NYSE: FSM | TSX: FVI

Investor Relations:

T (Peru): +51.1.616.6060, ext. 0

E: [email protected]

Forward looking Statements

This news release contains forward looking statements which constitute “forward looking information” within the

meaning of applicable Canadian securities legislation and “forward looking statements” within the meaning of the

“safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 (collectively, “Forward looking

Statements”). All statements included herein, other than statements of historical fact, are Forward looking

Statements and are subject to a variety of known and unknown risks and uncertainties which could cause actual

events or results to differ materially from those reflected in the Forward looking Statements. The Forward looking

Statements in this news release include, without limitation, statements about the Company’s plans for its mines and

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mineral properties; the Company’s business strategy, plans and outlook; the merit of the Company’s mines and

mineral properties; the future financial or operating performance of the Company; and proposed expenditures.

Often, but not always, these Forward looking Statements can be identified by the use of words such as “estimated”,

“potential”, “open”, “future”, “assumed”, “projected”, “used”, “detailed”, “has been”, “gain”, “planned”,

“reflecting”, “will”, “containing”, “remaining”, “to b e”, or statements that events, “could” or “should” occur or

be achieved and similar expressions, including negative variations.

Forward looking Statements involve known and unknown risks, uncertainties and other factors which may cause the

actual results, performance or achievements of the Company to be materially different from any results,

performance or achievements expressed or implied by the Forward looking Statements. Such uncertainties and

factors include, among others, changes in general economic c onditions 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; governmental and other approvals; political unrest or instability in countries

where Fortuna is active; labor relations issues; as well as those factors discussed under “Risk Factors” in the

Company's Annual Information Form. Although the Company has attempted to identify important factors that could

cause actual actions, events or results to differ materially from those described in Forward looking Statements,

there may be other factors that cause ac tions, events or results to differ from those anticipated, estimated or

intended.

Forward looking Statements contained herein are based on the assumptions, beliefs, expectations and opinions of

management, including but not limited to expectations regardi ng the Company’s plans for its mines and mineral

properties; mine production costs; expected trends in mineral prices and currency exchange rates; the accuracy of

the Company’s current mineral resource and reserve estimates; that the Company’s activities w ill be in accordance

with the Company’s public statements and stated goals; that there will be no material adverse change affecting the

Company or its properties; that all required approvals will be obtained; that there will be no significant disruptions

affecting operations and such other assumptions as set out herein. Forward looking Statements are made as of the

date hereof and the Company disclaims any obligation to update any Forward looking Statements, whether as a

result of new information, future ev ents or results or otherwise, except as required by law. There can be no

assurance that Forward looking Statements will prove to be accurate, as actual results and future events could

differ materially from those anticipated in such statements. Accordingly , investors should not place undue reliance

on Forward looking Statements.