TORONTO, Feb. 6, 2025
/PRNewswire/ - Collective Mining Ltd. (NYSE: CNL) (TSX:
CNL) ("Collective" or the "Company") is pleased to
announce the appointment of Jasper Bertisen to its Board of
Directors ("Board") effective immediately.
Ari Sussman Chairman of
Collective's Board of Directors commented, "Jasper is a
well-seasoned executive in the mining industry with a strong
background in the evaluation of mining projects from both technical
and financial perspectives. His ability to provide strategic
guidance in advancing our Guayabales project will no doubt prove
invaluable and ensure that our aggressive growth path will remain
grounded and sound. We are thrilled that he is joining our board
and team."
Jasper is a seasoned leader in the mining industry with a proven
track record of successfully driving strategic initiatives. He has
spent the majority of his career in mining private equity with
Resource Capital Funds, overseeing due diligence and strategy
execution for investments spanning development-stage to producing
assets across various commodities and global markets. With
extensive governance experience, Jasper has served on the boards of
both private and public mining companies, as well as on the
advisory boards of several mining technology companies. He is also
an Adjunct Professor at the Colorado School of
Mines and holds M.Sc. degrees in Mining Engineering and
Mineral Economics.
Mr. Jasper Bertisen will be nominated for election at the
Company's next Annual General Meeting.
About Collective Mining Ltd.
To see our latest corporate presentation and related
information, please visit www.collectivemining.com
Founded by the team that developed and sold Continental Gold
Inc. to Zijin Mining for approximately $2
billion in enterprise value, Collective is a gold, silver,
copper and tungsten exploration company with projects in Caldas,
Colombia. The Company has options
to acquire 100% interests in two projects located directly within
an established mining camp with ten fully permitted and operating
mines.
The Company's flagship project, Guayabales, is anchored by the
Apollo system, which hosts the large-scale, bulk-tonnage and
high-grade gold-silver-copper-tungsten Apollo system. The Company's
objectives are to expand the Apollo system by stepping out along
strike and testing the newly discovered high-grade Apollo Ramp Zone, expand the Trap system and
drill a series of newly generated targets including Tower and
X.
Management, insiders, a strategic investor and close family and
friends own 44.5% of the outstanding shares of the Company and as a
result, are fully aligned with shareholders. The Company is listed
on the NYSE and TSX under the trading symbol "CNL" and on the FSE
under the trading symbol "GG1".
Information Contact:
Follow Executive Chairman Ari
Sussman (@Ariski73) on X
Follow Collective Mining (@CollectiveMini1) on
X, (Collective Mining) on LinkedIn,
and (@collectivemining) on Instagram
FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking statements" and
"forward-looking information" within the meaning of applicable
securities legislation (collectively, "forward-looking
statements"). All statements, other than statements of historical
fact, are forward-looking statements and are based on expectations,
estimates and projections as at the date of this news release. Any
statement that involves discussion with respect to predictions,
expectations, beliefs, plans, projections, objectives, assumptions,
future events or performance (often, but not always using phrases
such as "plans", "expects", "is expected", "budget", "scheduled",
"estimates", "forecasts", "intends", "anticipates", or "believes"
or variations (including negative variations) of such words and
phrases, or state that certain actions, events or results "may",
"could", "would", "might" or "will" be taken, occur or be achieved)
are not statements of historical fact and may be forward-looking
statements. In this news release, forward-looking statements
relate, among other things, to: the anticipated advancement of
mineral properties or programs; future operations; future recovery
metal recovery rates; future growth potential of Collective; and
future development plans.
These forward-looking statements, and any assumptions upon which
they are based, are made in good faith and reflect our current
judgment regarding future events including the direction of our
business. Management believes that these assumptions are
reasonable. Forward-looking statements involve known and unknown
risks, uncertainties and other factors which may cause the actual
results, performance or achievements of the Company to be
materially different from any future results, performance or
achievements expressed or implied by the forward-looking
statements. Such factors include, among others: risks related to
the speculative nature of the Company's business; the Company's
formative stage of development; the Company's financial position;
possible variations in mineralization, grade or recovery rates;
actual results of current exploration activities; conclusions of
future economic evaluations; fluctuations in general macroeconomic
conditions; fluctuations in securities markets; fluctuations in
spot and forward prices of gold, precious and base metals or
certain other commodities; fluctuations in currency markets; change
in national and local government, legislation, taxation, controls
regulations and political or economic developments; risks and
hazards associated with the business of mineral exploration,
development and mining (including environmental hazards, industrial
accidents, unusual or unexpected formation pressures, cave-ins and
flooding); inability to obtain adequate insurance to cover risks
and hazards; the presence of laws and regulations that may impose
restrictions on mining; employee relations; relationships with and
claims by local communities and indigenous populations;
availability of increasing costs associated with mining inputs and
labour; the speculative nature of mineral exploration and
development (including the risks of obtaining necessary licenses,
permits and approvals from government authorities); and title to
properties, as well as those risk factors discussed or referred to
in the annual information form of the Company dated March 27, 2024. Forward-looking statements
contained herein are made as of the date of this news release and
the Company disclaims any obligation to update any forward-looking
statements, whether as a result of new information, future events
or results, except as may be required by applicable securities
laws. There can be no assurance that forward-looking statements
will prove to be accurate, as actual results and future events
could differ materially from those anticipated in such statements
and there may be other factors that cause results not to be
anticipated, estimated or intended. Accordingly, readers should not
place undue reliance on forward-looking statements.
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SOURCE Collective Mining Ltd.
