“The amendment of the credit facility provides us with additional financial flexibility as we continue to advance the Cariboo Gold project to shovel ready status, with permits expected in the Q3 2024, and explore opportunities to execute on our growth strategy,” commented Sean Roosen, Chairman and CEO.
Fortuna Silver Mines Inc. has closed its previously announced offering of 3.75% convertible senior notes due 2029 in an aggregate principal amount of US$172.5 million which includes exercise of the full amount of the option to purchase an additional US$22.5 million aggregate principal amount of Notes.
Lawrence Page. K. C. President, said: “This latest economic update of Cerro Las Minitas represents a new milestone in the ongoing evolution and development of the project which is the culmination of a number of smaller technical improvements, developed over the last 18 months, which together result in a significant increase in the value of the Cerro Las Minitas asset.”
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