Chesser Resources Limited announced that the scheme of arrangement pursuant to which Fortuna Silver Mines Inc. (Fortuna) will acquire 100% of the share capital of Chesser (Chesser Shares) has been implemented (Scheme). Following implementation of the Scheme: Messrs Mark Connelly, Simon O'Loughlin, Simon Taylor and Robert Greenslade resigned as Directors of the Company; Mr. Andrew Grove resigned as Managing Director of the Company; with immediate effect. Messrs Paul Weedon, Kevin O'Reilly and Stephen Kelly have been appointed as Directors of the Company.