Fortuna Silver Mines falls on announcing $150-mln convertible senior notes

Fortuna Mining

05/06/2024 16:26

** Shares of Canada-based Fortuna Silver Mines  FVI.TO  fall
~15% to $6.89 
    ** Precious metals miner says it's offering convertible
senior notes of principal amount worth $150 mln
    ** Adds that it intends to use net proceeds for repaying
bank indebtedness and fund working capital requirements
    ** YTD, shares up 29.9%

 (Reporting by Seher Dareen in Bengaluru)
 ((Seher.Dareen@thomsonreuters.com;))