Global X Management (FSM) discloses 5.87% Fortuna Mining ownership in Schedule 13G

Rhea-AI Filing Summary

Global X Management Company LLC reported a significant ownership position in Fortuna Mining Corp. common shares. As of 12/31/2025, it beneficially owned 18,018,374 common shares, representing 5.87 % of the class, with sole voting and dispositive power over all these shares.

The filing states that the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Fortuna Mining. Certain registered investment companies managed by Global X have the right to receive dividends and sale proceeds from these shares.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

FORTUNA MINING CORP.

(Name of Issuer)

Common Shares, no par value

(Title of Class of Securities)

349942102

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 349942102

1

Names of Reporting Persons

Global X Management CO LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 18,018,374.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 18,018,374.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

18,018,374.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.87 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: FORTUNA MINING CORP.
(b)	Address of issuer's principal executive offices: 1111 Melville Street, Suite 820, Vancouver, British Columbia, Canada, V6E 3V6
Item 2.
(a)	Name of person filing: Global X Management Company LLC ("GXMC")
(b)	Address or principal business office or, if none, residence: 605 3rd Avenue, 43rd Floor New York, NY 10158
(c)	Citizenship: Delaware
(d)	Title of class of securities: Common Shares, no par value
(e)	CUSIP No.: 349942102
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: The information in items 1 and 5 through 11 on the cover pages (p. 2) on Schedule 13G is hereby incorporated by reference.
(b)	Percent of class: 5.87 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 18,018,374.00
	(ii) Shared power to vote or to direct the vote: 0.00
	(iii) Sole power to dispose or to direct the disposition of: 18,018,374.00
	(iv) Shared power to dispose or to direct the disposition of: 0.00
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Certain investment companies registered under Section 8 of the Investment Company Act of 1940 managed by GXMC have the right to receive any dividends from, or the proceeds from the sale of, the securities reported herein.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Global X Management CO LLC

Signature:	/s/ Ryan O'Connor
Name/Title:	Ryan O'Connor, Chief Executive Officer
Date:	02/17/2026

FAQ

What ownership stake in FSM does Global X Management report?

Global X Management Company LLC reports beneficial ownership of 18,018,374 Fortuna Mining Corp. common shares, representing 5.87 % of the class as of 12/31/2025. This stake gives Global X sole voting and sole dispositive power over these shares.

Who is the reporting person in the FSM Schedule 13G filing?

The reporting person is Global X Management Company LLC, a Delaware entity. It filed a Schedule 13G for Fortuna Mining Corp. common shares, indicating a passive ownership position held in the ordinary course of its investment management business.

Does Global X intend to influence control of Fortuna Mining Corp. (FSM)?

The filing states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Fortuna Mining. It also notes they are not held in connection with any control-related transaction.

Which securities of FSM are covered in this Schedule 13G?

The Schedule 13G covers Common Shares, no par value of Fortuna Mining Corp., identified by CUSIP 349942102. Global X reports its beneficial ownership and related voting and dispositive powers over these common shares only.

Who benefits economically from the FSM shares held by Global X?

The filing notes that certain investment companies registered under the Investment Company Act of 1940 and managed by Global X have the right to receive any dividends or sale proceeds from the Fortuna Mining common shares reported in this statement.

What voting and dispositive powers does Global X have over FSM shares?

Global X reports sole voting power over 18,018,374 Fortuna Mining shares and sole dispositive power over the same amount, with no shared voting or dispositive power. This confirms centralized control over how these shares are voted and disposed.