Fortuna Silver Mines Inc.: Early Warning Report

Fortuna Mining Corp.

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 10, 2017) - Fortuna Silver Mines Inc. (NYSE:FSM)(TSX:FVI) announces that on May 10, 2017, it acquired for a purchase price of C$1.5 million, direct ownership of 5,357,142 units (the "Units") of Prospero Silver Corp. ("Prospero"), of 510 West Georgia Street, Suite 1800, Vancouver, BC V6B 0M3, at a price of C$0.28 per Unit. Each Unit consists of one common share of Prospero and one warrant ("Warrant") to purchase an additional common share of Prospero exercisable at a price of C$0.35 per share for three years.