Fortuna announces Board changes
Fortuna Silver Mines Inc. (NYSE: FSM) announces the resignation of Simon Ridgway as Chair of the Board, focusing on his exploration companies.
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Rhea-AI Summary
Fortuna Silver Mines Inc. (NYSE: FSM) announces the resignation of Simon Ridgway as Chair of the Board, focusing on his exploration companies. Ridgway, a founder of the company, is succeeded by David Laing, who brings extensive mining experience and has been a board member since 2016. Jorge A. Ganoza, President and CEO, expressed gratitude for Ridgway's contributions and confidence in Laing's leadership. Fortuna operates in Peru, Mexico, and Argentina, focusing on sustainable silver and gold production while generating long-term value for shareholders.
Positive
- Appointment of David Laing as independent Chair of the Board, expected to strengthen leadership.
- Continued support from Simon Ridgway in an advisory role, maintaining valuable insight.
Negative
- None.
Details
News Market Reaction – FSM
The recorded move for FSM in the trading session of this news was +1.84%.
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VANCOUVER, British Columbia, Feb. 08, 2021 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) announces that Simon Ridgway has stepped down as director and Chair of the Board of the Company. With the renewed strength in the mining and metals sector, he will be focusing his efforts on the exploration companies under his management, which is his passion.
Jorge A. Ganoza, President and CEO, commented, “On my own behalf and on behalf of the Board of Directors, I would like to thank Simon for his invaluable contributions and insights throughout his tenure as a director. He was a founder of the Company 16 years ago, and in his position as Chair of the Board, has guided Fortuna’s strong growth over the years.” Mr. Ganoza continued, “While his absence from the Board will be missed, we are pleased that Simon will continue to support the Company in a special advisory role. We wish him all the best in his other endeavours.”
Fortuna is pleased to announce that David Laing has been appointed independent Chair of the Board of the Company. David joined the Fortuna Board in 2016 and sits on three of the Board committees, including as Chair of the Sustainability Committee. Jorge Ganoza commented, “David is an accomplished global mining executive with extensive board experience. We look forward to his guidance in his new position as Fortuna’s Chair, as we continue to establish the Company as a leader in our industry.”
About Fortuna Silver Mines Inc.
Fortuna Silver Mines Inc. is a Canadian precious metals mining company with operations in Peru, Mexico and Argentina. Sustainability is integral to all our operations and relationships. We produce silver and gold and generate shared value over the long-term for our shareholders and stakeholders through efficient production, environmental protection and social responsibility. For more information, please visit our website at www.fortunasilver.com.
ON BEHALF OF THE BOARD
Jorge A. Ganoza
President, CEO, and Director
Fortuna Silver Mines Inc.
Investor Relations:
Carlos Baca | T (Peru): +51.1.616.6060, ext. 0
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