Collective Mining Ltd. Files Annual Report on Form 40-F and Supporting Documentation
Collective Mining Ltd. Files Annual Report on Form 40-F and
Supporting Documentation
TORONTO
,
March 26, 2025
/CNW/ -
Collective Mining Ltd.
(NYSE: CNL)
,
(TSX: CNL)
("Collective" or the "Company")
has today filed with
the U.S. Securities and Exchange Commission (the "SEC") its SEC Annual Report on Form 40-F for the year ended
December 31, 2024
. This
includes the Company's Annual Information Form, audited Financial Statements and Management's Discussion & Analysis for the year ended
December 31, 2024
.
Collective's shareholders may receive a hard copy of the Company's complete audited Financial Statements for the year ended
December 31,
2024
, free of charge, upon request. For further information, please visit the Company website at
www.collectivemining.com
.
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: anticipated use of proceeds from the Offering and the exercise of Warrants;
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: planed use of proceeds from the Offering and the exercise of the Warrants; 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.
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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 12:53e 26-MAR-25