Fortuna reports progress on its share buyback program

VANCOUVER, British Columbia, Jan. 08, 2026 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to report that, from Tuesday, December 23, 2025, through Wednesday, January 7, 2026, the Company repurchased an aggregate of 1,700,000 common shares on the open market of the New York Stock Exchange under its normal course issuer bid (NCIB). Shares were acquired at a weighted-average price of $10.01 per share for a total gross consideration of $17,019,894, excluding brokerage fees. All repurchased shares will be cancelled. To date, Fortuna has repurchased approximately 11 percent of the 15,347,999 shares authorized under the NCIB (refer to Fortuna news release dated April 30, 2025).