Collective Mining Announces Inclusion in MSCI Canada Small Cap Index
Collective Mining Announces Inclusion in MSCI Canada
Small Cap Index
TORONTO
,
May 14, 2025
/CNW/ -
Collective Mining Ltd.
(NYSE: CNL) (TSX: CNL)
("Collective" or the "Company")
is
pleased to announce that it will be added to the MSCI Canada Small Cap Index, effective following the close of trading on
May 30,
2025
. MSCI Inc. announced the addition of Collective to the aforementioned index on
May 13, 2025
, following results of their index
review.
The MSCI Canada Small Cap Index is an equity index compiled by MSCI Inc. designed to measure the performance of the small
cap segment of the
Canada
market.
With 192 constituents, the index covers approximately 14% of the free float-adjusted market capitalization in
Canada
.
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 improve the overall grade of the Apollo
system by systematically drill testing newly modeled potentially high-grade sub-zones, expand the Apollo system by stepping out
along strike to the north and expanding the newly discovered high-grade Ramp Zone along strike and to depth, expand the Trap
system and drill a series of newly generated targets including Tower and X.
Management and insiders own approximately 33.4% of the outstanding shares of the Company and as a result, are fully aligned
with shareholders. The Company is listed on the NYSE American 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 24, 2025
. 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.
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For further information:
Investors and Media: Paul Begin, Chief Financial Officer, [email protected], +1 (416) 451-
2727
CO: Collective Mining Ltd.
CNW 06:30e 14-MAY-25