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Announced

Fortuna Silver Mines to acquire Chesser Resources for $60m.

Synopsis

Fortuna Silver Mines, a precious metals mining company, agreed to acquire Chesser Resources, an exploration company, exploring for gold and base metals in Turkey, for $60m. “In a short time, Chesser has done a great job advancing Diamba Sud from early-stage exploration to a PEA-stage project with multiple targets yet to be tested. Within the larger and diversified Fortuna portfolio, the advancement of Diamba Sud will benefit from our technical and operational strength and lower cost of capital," Jorge A. Ganoza, Fortuna President & CEO.

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