Supply Chain Expansion and Economic Diversification is Expanding in the Supía and Marmato Townships of Colombia Thanks to a Program Implemented by Collective Mining and SENA

by

in

TORONTO, Feb. 20, 2024 /CNW/ – Collective Mining Ltd. (TSX:CNL) (OTCQX:CNLMF) (FSE: GG1) (“Collective” or the “Company”) is proud to announce positive results from a program developed through a strategic alliance with SENA, the Colombian Government’s National Learning Service. The program, which was launched in 2023, was designed to strengthen the capacity of rural women from the towns of Marmato and Supía in the department of Caldas, Colombia by providing educational training programs in a variety of professions such as community tourism and textile apparel design and management. To date, more than 280 women have graduated from the various courses offered as part of the program and have joined the local labor force resulting in a positive impact on economic diversity and capacity in the region.

Óscar Andrés Maldonado, Director of SENA in Caldas points out the importance of the program by stating “In 2024, we hope to continue with the training and improvement of human talent in the region and that these programs can continue to contribute to better opportunities in the labor market. This agreement with Collective Mining contributes to the growth and development of the regional economy.”

Omar Ossma, Chief Executive Officer of Collective added “Increased local employment through expansion of existing supply chains and newly created businesses is a key pillar of Collective Mining’s development goals for the region. Additionally, working in alliance with SENA on this initiative is proving to be a winning combination with the graduating students from Supía and Marmato being the main benefactors. As our Guayabales project advances, so too will our efforts to leave a positive lasting mark on the communities in which we operate.”