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Fortuna Reports Results of Annual General Meeting

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/20/14 -- Fortuna Silver Mines Inc. (NYSE:FSM)(TSX:FVI)(LMA:FVI)(FRANKFURT:F4S) hereby announces the voting results at the Company's annual general meeting held yesterday.

A total of 89,194,030 common shares were represented at the meeting, being 70.6% of the Company's issued and outstanding shares. Shareholders voted in favour of all matters brought before the meeting including the appointment of auditors for the ensuing year, the ratification of the Company's Advance Notice Policy, and the election of management's nominees as directors.

Detailed results of the votes on the election of directors are as follows:


Director                                 Votes For           Votes Withheld
---------------------------------------------------------------------------
                                                                           
Jorge Ganoza Durant             61,899,467 (88.2%)        8,301,275 (11.8%)
Simon Ridgway                   40,522,250 (57.7%)       29,678,492 (42.3%)
Michael Iverson                 60,238,317 (85.8%)        9,962,425 (14.2%)
Mario Szotlender                40,030,281 (57.0%)       30,170,461 (43.0%)
Robert Gilmore                  68,713,303 (97.9%)         1,487,439 (2.1%)
Thomas Kelly                    68,733,866 (97.9%)         1,466,876 (2.1%)
David Farrell                   67,580,124 (96.3%)         2,620,618 (3.7%)

About Fortuna Silver Mines Inc.

Fortuna is a growth oriented, silver and base metal producer focused on mining opportunities in Latin America. Our primary assets are the Caylloma silver Mine in southern Peru and the San Jose silver-gold Mine in Mexico. The Company is selectively pursuing additional acquisition opportunities throughout the Americas. For more information, please visit our website at www.fortunasilver.com.

ON BEHALF OF THE BOARD

Jorge A. Ganoza, President, CEO and Director

Fortuna Silver Mines Inc.

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. Forward-looking statements are statements that are not historical facts and that are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. When used in this document, the words such as "anticipates", "believes", "plans", "estimates", "expects", "forecasts", "targets", "intends", "advance", "projects", "calculates" and similar expressions are forward-looking statements.

The forward-looking statements are based on an assumed set of economic conditions and courses of actions, including estimates of future production levels, expectations regarding mine production costs, expected trends in mineral prices and statements that describe Fortuna's future plans, objectives or goals. There is a significant risk that actual results will vary, perhaps materially, from results projected depending on such factors as changes in general economic conditions and financial markets, changes in prices for silver and other metals, technological and operational hazards in Fortuna's mining and mine development activities, risks inherent in mineral exploration, uncertainties inherent in the estimation of mineral reserves, mineral resources, and metal recoveries, the timing and availability of financing, governmental and other approvals, political unrest or instability in countries where Fortuna is active, labor relations and other risk factors.

Although Fortuna has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or information, there may be other factors that cause results to be materially different from those anticipated, described, estimated, assessed or intended. There can be no assurance that any forward-looking statements or information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements or information. Accordingly, readers should not place undue reliance on forward-looking statements or information.

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