Security
Collective Mining Ltd. Common Shares · CNL
CNLNASDAQCommon stockHistorical · closed Aug 11, 2026CIK 1953575Updated Nov 13, 2026
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About the company
Founded by the team that developed and sold Continental Gold Inc. to Zijin Mining for approximately US$1.4 billion in enterprise value, Collective is a gold, silver, copper and tungsten exploration company with projects in Caldas, Colombia. The Company's two projects are located directly within an established mining camp with ten fully permitted and operating mines. The Company's flagship project, Guayabales, is anchored by Apollo, a large-scale, bulk-tonnage and high-grade gold-silver-copper-tungsten deposit that hosts a maiden Mineral Resource of 2.58 million ounces AuEq Indicated (37.0 Mt at a grade of 2.17 g/t AuEq: 1.38 g/t Au, 24.4 g/t Ag, 0.14% Cu and 0.011% WO₃) and 2.83 million ounces AuEq Inferred (48.2 Mt at a grade of 1.83 g/t AuEq: 1.60 g/t Au, 8.39 g/t Ag, 0.03% Cu and 0.002% WO₃). The Company's objectives at the Guayabales Project are to continue expansion and infill drilling at Apollo while advancing technical, environmental and permitting work across the project.
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Recent filings
Financials
FY 2025 · USDSource
Source
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Cash flows from operating activities: | |||
| Profit or LossUSD | -49,858,355Source | -26,948,922Source | -19,133,658Source |
| Additional Financial Items | |||
| AdjustmentsForDeferredTaxOfPriorPeriodsUSD | 1,335Source | 142,541Source | -45,055Source |
| AdjustmentsForFinanceCostsUSD | 265,707Source | 115,974Source | 21,792Source |
| AdjustmentsForSharebasedPaymentsUSD | 2,785,614Source | 1,167,109Source | 1,473,869Source |
| AdjustmentsForUnrealisedForeignExchangeLossesGainsUSD | -562,068Source | 1,913,870Source | -1,001,149Source |
| GeneralAndAdministrativeExpenseUSD | 9,516,288Source | 5,768,262Source | 5,306,170Source |
| PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivitiesUSD | 730,072Source | 114,790Source | 54,442Source |
| ProceedsFromIssuingSharesUSD | 136,988,030Source | 47,255,102Source | 21,882,311Source |
| PurchaseOfIntangibleAssetsClassifiedAsInvestingActivitiesUSD | 60,000Source | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Additional Financial Items | |||
| AdministrativeExpenseUSD | 384,534Source | 439,515Source | 303,224Source |
| BasicEarningsLossPerShareUSD per share | -0.58Source | -0.33Source | -0.33Source |
| CurrentTaxExpenseIncomeUSD | -9,209,041Source | -6,110,353Source | -4,122,235Source |
| DeferredTaxExpenseIncomeRecognisedInProfitOrLossUSD | 9,209,041Source | 6,110,353Source | 4,122,235Source |
| DepreciationAndAmortisationExpenseUSD | 97,498Source | 44,382Source | 22,430Source |
| DilutedEarningsLossPerShareUSD per share | -0.58Source | -0.33Source | -0.33Source |
| ExpenseFromSharebasedPaymentTransactionsWithEmployeesUSD | 2,785,614Source | 1,167,109Source | 1,473,869Source |
| ExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsedUSD | 550,183Source | 275,451Source | 105,115Source |
| FinanceCostsUSD | 873,548Source | 189,831Source | 78,360Source |
| GeneralAndAdministrativeExpenseUSD | 9,516,288Source | 5,768,262Source | 5,306,170Source |
| InterestExpenseOnLeaseLiabilitiesUSD | 265,707Source | — | — |
| OtherFinanceCostUSD | 170,943Source | 73,856Source | 56,568Source |
| ProfessionalFeesExpenseUSD | 1,515,946Source | 798,818Source | 497,627Source |
| ProfitLossBeforeTaxUSD | -51,966,906Source | -27,856,907Source | -19,723,443Source |
| ProfitLossFromOperatingActivitiesUSD | -42,006,456Source | -23,833,127Source | -19,420,801Source |
Filing attachments
ea031162401ex99-1.htm · 6-K · 2026-11-12
Exhibit 99.1 UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS For the three and nine months ended September 30, 2026 COLLECTIVE MINING LTD. Interim Condensed Consolidated Statement of Financial Position (All amounts expressed in U.S. Dollars, unless otherwise indicated) As at Note September 30, December 31, …
Read attachment ↗ea031162401ex99-2.htm · 6-K · 2026-11-12
Exhibit 99.2 MANAGEMENT’S DISCUSSION AND ANALYSIS of Results of Operation and Financial Condition For the three and nine months ended September 30, 2026 The following management’s discussion and analysis (“MD&A”) of the consolidated operations and financial position of Collective Mining Ltd. and its subsidiaries (“CML” or the “Company”) for the three and nine months ended September 30, 2026 should be read in conjunction with the Company’s Unaudited Interim Condensed Consolidated Financial St…
Read attachment ↗ex991.htm · 6-K · 2026-11-10
Exhibit 99.1 Collective Mining Expands the Ramp Zone in Multiple Directions, More Than Doubling Its Vertical Extent, and Drills 21.40 m at 11.06 g/t AuEq* APC171-D3, the Company's deepest hole to date, intersected multiple mineralized intervals including the following: 44.55 m at 5.75 g/t AuEq (5.58 g/t Au, 8 g/t Ag), including 21.40 m at 11.06 g/t AuEq (10.78 g/t Au, 15 g/t Ag), from 1,274 m below surface within the Mineral Resource, at a grade 154% higher than estimated for the blocks…
Read attachment ↗ex991.htm · 6-K · 2026-11-03
Exhibit 99.1 Collective Mining Drills 154.30 m @ 12.66 g/t AuEq*, Including 30.45 m @ 39.01 g/t AuEq*, at Apollo's Ramp Zone APC174-D4 intersected 154.30 m @ 12.66 g/t AuEq (12.44 g/t Au, 11 g/t Ag) from 1,208 m below surface, including 30.45 m @ 39.01 g/t AuEq (38.47 g/t Au, 28 g/t Ag) from 1,339 m below surface. It is the broadest high-grade intercept drilled to date at the Ramp Zone. APC174-D4 crossed the southeastern portion of the Apollo breccia body from east to west, approxim…
Read attachment ↗ex991.htm · 6-K · 2026-10-27
Exhibit 99.1 Collective Mining Intersects High-Grade Gold Outside the Mineral Resource in Apollo's Eastern Shallow Halo Zone, Including 14.25 m @ 6.49 g/t AuEq* and 67.25 m @ 1.58 g/t AuEq* Holes drilled from Pad43 in the eastern Shallow Halo Zone ("SHZ") intersected high-grade gold outside the Mineral Resource: 14.25 m @ 6.49 g/t AuEq (5.49 g/t Au, 52 g/t Ag) from 81.60 m, including 3.60 m @ 18.83 g/t AuEq (16.19 g/t Au, 136 g/t Ag) from 90.60 m in APC-218 67.25 m @ 1.58 g/t AuEq …
Read attachment ↗ex991.htm · 6-K · 2026-10-22
Exhibit 99.1 Collective Mining Files NI 43-101 Technical Report for Maiden Mineral Resource for the Apollo Deposit MIAMI, Oct. 22, 2026 /CNW/ - Collective Mining Ltd. (NASDAQ: CNL) (TSX: CNL) ("Collective" or the "Company") is pleased to announce that it has filed an independent technical report in support of the maiden Mineral Resource estimate ("Mineral Resource") for its Apollo deposit ("Apollo") at the Guayabales Project in Caldas, Colombia. The technical report, entitled "Guayabales Proj…
Read attachment ↗