Fortuna Announces Offering of Convertible Senior Notes

The interest rate and the initial conversion rate of the Notes will be determined by Fortuna and the initial purchasers and will depend on market conditions at the time of pricing of the Offering. The Notes will bear cash interest semi-annually at a fixed rate and be convertible by holders into the capital of the Company (the "Shares"). Fortuna will have the right to redeem the Notes in certain circumstances and holders will have the right to require Fortuna to repurchase their Notes upon the occurrence of ...