Collective Mining - Executive Chairman, Ari Sussman.
Executive Chairman, Ari Sussman.
Source: 121 Mining Investment TV.
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Collective Mining (CNL) began trading on the TSX Venture Exchange
  • The listing of the common shares of Collective follows the completion of its qualifying transaction on May 20, 2021
  • Collective is an exploration and development company focused on identifying and exploring prospective gold projects in South America
  • Collective has the ability to earn a 100 per cent interest in two projects located in Colombia: the San Antonio project and the Guayabales project
  • Collective Mining Ltd. (CNL) IS up 212.50 per cent and is trading at C$3.00 at 2:17 pm ET

Collective Mining Ltd. (CNL) began trading on the TSX Venture Exchange today under the ticker symbol CNL.

“The management team and I are very excited to return to Colombia, a country with untapped mineral potential and backed by supportive governments and communities,” commented Ari Sussman, Executive Chairman of Collective.

“With the funds from our $15 million subscription receipt financing now released from escrow, we are embarking on an aggressive exploration program and are excited to unlock the potential of our projects over the next 12 months,” added Sussman.

“This is yet another endorsement of investors’ trust in the Colombian mining sector,” stated Diego Mesa, the Colombian Minister of Mines and Energy.

“We welcome foreign investments that support the sustainability of the Colombian mining sector,” added Mesa.

The listing of the common shares of collective follows the completion of its qualifying transaction, as such term is defined under the policies of the TSXV, on May 20, 2021.

Collective is an exploration and development company focused on identifying and exploring prospective gold projects in South America.

Collective has the ability to earn a 100 per cent interest in two projects located in Colombia: the San Antonio project and the Guayabales project.

Collective Mining Ltd. (CNL) IS up 212.50 per cent and is trading at C$3.00 at 2:17 pm ET.

More From The Market Herald
Traction Uranium

" Traction Uranium (CSE:TRAC) announces new chairman and CFO

Traction Uranium (TRAC) has appointed Mr. Blair Way as the Chairman of the Board of Directors and Tasheel Jeerh as Chief Financial Officer.
FireFox Gold Corp. (TSXV:FFOX) - President & CEO, Carl Löfberg.

" FireFox (TSXV:FFOX) completes initial drilling at its Finland projects

FireFox Gold Corp. (FFOX)has competed initial drilling at its Jessiö, Mustajärvi, and Sarvi Projects in Finland.

" Cordoba Minerals (TSXV:CDB) releases diamond drilling results from San Matias Copper-Gold-Silver Project

Cordoba Minerals (CDB) released diamond drilling results from its San Matias Copper-Gold-Silver Project in Colombia.
Barrick Gold - CEO, Mark Bristow

" Barrick Gold (TSX:ABX) announces $70M investment in Tanzanian communities

Barrick Gold Corporation (ABX) has announced a $70 million investment to support the development and infrastructure of Tanzanian mine communities.