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FVI.TO ·

Fortuna to release first quarter 2020 financial results on May 14, 2020;

Financials

Fortuna to release first quarter 2020 financial results on May 14, 2020;

Conference call at 12 p.m. Eastern time on May 15, 2020

Vancouver, May 4, 2020 -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) announces that it will release

its financial statem ents and MD&A for the first quarter of 2020 on Thursday, May 14 , 2020 after the

market closes.

A conference call to discuss the financial and operational results will be held on Friday, May 15, 2020 at

9:00 a.m. Pacific time | 12:00 p.m. Eastern time. Hosting the call will be Jorge A. Ganoza, President and

CEO, and Luis D. Ganoza, Chief Financial Officer.

Shareholders, analysts, media and interested investors are invited to listen to the live conference call by

logging onto the webcast at: https://www.webcaster4.com/Webcast/Page/1696/34468 or over the

phone by dialing in just prior to the starting time.

Conference call details:

Date: Friday, May 15, 2020

Time: 9:00 a.m. Pacific time | 12:00 p.m. Eastern time

Dial in number (Toll Free): +1.844.369.8770

Dial in number (International): +1.862.298.0840

Replay number (Toll Free): +1.877.481.4010

Replay number (International): +1.919.882.2331

Replay Passcode: 34468

Playback of the conference call will be available until May 29 , 20 20. Playback of the webcast will be

available until May 15, 2021. In addition, a transcript of the call will be archived on the company’s website:

https://www.fortunasilver.com/investors/financials/2020/.

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About Fortuna Silver Mines Inc.

Fortuna is a growth oriented, precious metal producer with its primary assets being the Caylloma silver

mine in southern Peru, the San Jose silver -gold mine in Mexico and the Lindero gold Project, currently

under construction, in Argentina. The Company is selectively pursuing acquisition opportunities

throughout the Americas and in selec t other areas. For more information, please visit its website at

www.fortunasilver.com.

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” provision s

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 may include, without limitation, statements about the

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

Company’s mines and mineral properties; mineral resource and reserve estimates; timelines; the future financial or operating

performance of the Company; expenditures; approvals and other matters. Often, but not always, these Forward looking

Statements can be identified by the use of words such as “will”, “will be” or statements that events, “could” or “should” occ ur 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

conditions 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 count ries

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

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 action s,

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 regarding 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 will

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 approval s 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 lo oking Statements, whether as a result of new information, future

events or results or otherwise, except as required by law. There can be no assurance that Forward looking Statements will pro ve

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.