Collective Mining adds Jasper Bertisen to its board

TORONTO - Collective Mining Ltd. (NYSE: CNL) (TSX: CNL), an exploration company focused on gold, silver, copper, and tungsten projects in Colombia, announced today the appointment of Jasper Bertisen to its Board of Directors, effective immediately. The announcement comes as the company’s stock trades near its 52-week high of $5.75, having delivered an impressive 112% return over the past six months.

Jasper Bertisen, a well-seasoned executive with a strong background in mining project evaluation, joins the board with a wealth of experience from his tenure in mining private equity at Resource Capital Funds. His expertise in due diligence and strategic execution for mining investments has been recognized across development-stage to producing assets in various commodities and global markets.

In addition to his industry roles, Bertisen has served on several boards and advisory boards for both private and public mining companies, as well as mining technology firms. His academic contributions include serving as an Adjunct Professor at the Colorado School of Mines. Bertisen’s academic credentials include M.Sc. degrees in Mining Engineering and Mineral Economics.

Ari Sussman, Chairman of Collective’s Board of Directors, expressed confidence in Bertisen’s addition to the team, stating that his strategic guidance would be invaluable, particularly in advancing the company’s Guayabales project.

Collective Mining Ltd., founded by the team that developed and sold Continental Gold Inc. to Zijin Mining, is actively expanding its flagship project, Guayabales, which features the Apollo system with significant gold-silver-copper-tungsten mineralization. The company plans to continue exploration to grow the Apollo system and drill new targets. According to InvestingPro analysis, while the company maintains a strong current ratio of 4.36 and operates with minimal debt, analysts do not anticipate profitability this year. InvestingPro offers 13 additional investment insights for CNL, helping investors make more informed decisions.

With management, insiders, strategic investors, and close family and friends owning 44.5% of the company’s outstanding shares, there is a strong alignment of interests with shareholders. The company, currently valued at $439 million, is publicly traded on the NYSE, TSX, and FSE under the symbols "CNL" and "GG1," respectively. InvestingPro’s Fair Value analysis suggests the stock is currently trading above its intrinsic value, though momentum remains strong with an 84% return over the past year.

Bertisen will be nominated for election at Collective Mining’s next Annual General Meeting. The company’s progress and plans can be monitored through executive and corporate updates on various social media platforms.

This news article is based on a press release statement and contains forward-looking statements that involve risks and uncertainties. Actual results and future events could differ materially from those anticipated in the statements.

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