(All amounts expressed in US dollars, unless otherwise stated)

VANCOUVER, British Columbia, Nov. 12, 2020 (GLOBE NEWSWIRE) — Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) today reported
net income of $13.1 million, adjusted EBITDA of $42.2 million, and free cash flow from ongoing operations of $30.1 million for the third quarter of 2020.

Jorge A. Ganoza, President and CEO, commented,