- Fortuna Silver Mines (FVI) has announced its intention to launch a normal course issuer bid
- Between May 2, 2022, and May 1, 2023, Fortuna may repurchase up to 14,608,820 common shares, or up to 276,196 common shares per day
- Common shares purchased under the NCIB will be cancelled
- Fortuna Silver Mines Inc. is a Canadian precious metals mining company
- Fortuna Silver Mines Inc. (FVI) opened trading at C$4.33 per share
Fortuna Silver Mines (FVI) has announced its intention to launch a normal course issuer bid.
Between May 2, 2022, and May 1, 2023, Fortuna may repurchase up to five percent of its outstanding common shares through the facilities of the TSX, the New York Stock Exchange and/or alternative Canadian trading systems.
Fortuna is permitted to repurchase up to 14,608,820 common shares, representing five percent of its outstanding common shares as of April 27, 2022. Common shares purchased under the NCIB will be cancelled.
Fortuna will limit daily purchases of common shares in connection with the NCIB to no more than 25 percent (276,196 common shares) of the six-month average daily trading volume of the common shares on the TSX.
Fortuna Silver Mines Inc. is a Canadian precious metals mining company with four operating mines in Argentina, Burkina Faso, Mexico and Peru, and a fifth mine under construction in Côte d’Ivoire.
Fortuna Silver Mines Inc. (FVI) opened trading at C$4.33 per share.