Mr. Ari Sussman reports

COLLECTIVE MINING APPOINTS JASPER BERTISEN TO ITS BOARD OF DIRECTORS

Collective Mining Ltd. has appointed Jasper Bertisen to its board of directors, 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."

Mr. Bertisen is a seasoned leader in the mining industry with a proven record of 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, Mr. Bertisen 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 MSc degrees in mining engineering and mineral economics.

Mr. Bertisen will be nominated for election at the company's next annual general meeting.

About Collective Mining Ltd.

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-per-cent interests in two projects located directly within an established mining camp with 10 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 per cent of the outstanding shares of the company and, as a result, are fully aligned with shareholders. The company is listed on the New York Stock Exchange and the Toronto Stock Exchange under the trading symbol CNL and on the Frankfurt Stock Exchange under the trading symbol GG1.

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