Fortuna CEO purchases additional company shares

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 12, 2017) - Fortuna Silver Mines Inc. (NYSE:FSM)(TSX:FVI) announces that, subsequent to the share acquisition described in the Company's news release dated October 10, 2017, Jorge A. Ganoza, Chief Executive Officer of the Company, has increased his equity position in the Company further by acquiring an additional 198,000 common shares on the open market and pursuant to a stock option exercise.

The shares were acquired for a total purchase price of approximately US$430,000. Insider report filings reflecting the share acquisitions have been made on the SEDI website at www.sedi.ca.

About Fortuna Silver Mines Inc.

Fortuna is a growth oriented, precious metal producer focused on mining opportunities in Latin America. The Company's primary assets are the Caylloma silver mine in southern Peru, the San Jose silver-gold mine in Mexico and the Lindero gold project in Argentina. The Company is selectively pursuing acquisition opportunities throughout the Americas and in select other areas.

ON BEHALF OF THE COMPANY

Carlos Baca, Investor Relations Manager

Trading symbols: NYSE: FSM / TSX: FVI

Forward looking Statements

This news release contains forward looking statements which constitute "forward looking information" within the meaning of applicable Canadian securities legislation and "forward looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 (collectively, "Forward looking Statements"). All statements included herein, other than statements of historical fact, are Forward looking Statements and are subject to a variety of known and unknown risks and uncertainties which could cause actual events or results to differ materially from those reflected in the Forward looking Statements. The Forward looking Statements in this news release include, without limitation, statements about the Company's plans for its mines and mineral properties; the Company's business strategy, plans and outlook; the merit of the Company's mines and mineral properties; the future financial or operating performance of the Company; and proposed expenditures. Often, but not always, these Forward looking Statements can be identified by the use of words such as "estimated", "potential", "open", "future", "assumed", "projected", "used", "detailed", "has been", "gain", "planned", "reflecting", "will", "containing", "remaining", "to be", or statements that events, "could" or "should" occur or be achieved and similar expressions, including negative variations.