Collective Mining Ltd. Common Shares

Collective Mining announced assay results from four diamond drill holes at its Guayabales Project in Colombia, including the first intersection of a high-grade tungsten-gold zone in schist outside the southern margin of the Apollo breccia body. The newly identified zone is hosted in a largely untested schist unit extending more than 1,000 meters vertically, introducing a fresh exploration target that could materially influence how investors think about the scale and metal mix of the broader Apollo system. The company also confirmed it remains funded for its 2026 drilling plans. The discovery reinforces Apollo's exploration upside but does not change the near-term focus on resource growth and metallurgical de-risking, nor the central risk that cost outcomes from future engineering work could still disappoint. A recent integrated processing flowsheet for Apollo outlines how gold, silver, copper and tungsten could be recovered through separate dor and concentrate streams, tying metallurgical progress to future cost assumptions and projected net margins.

Collective Mining Ltd. commenced trading on the Nasdaq Global Select Market under the symbol CNL, following the voluntary transfer of its U.S. listing from the NYSE American, where its shares ceased trading at market close on August 10, 2026. The company's listing on the Toronto Stock Exchange remains unchanged, and its CUSIP number is also unchanged, requiring no action by shareholders. Collective Mining is a gold, silver, copper, and tungsten exploration company with projects in Caldas, Colombia, and its flagship Guayabales project is anchored by the Apollo system.

Collective Mining Ltd. will voluntarily transfer its U.S. stock exchange listing from the NYSE American to the Nasdaq Global Select Market, the highest tier of the Nasdaq, under the unchanged symbol CNL. The last day of trading on the NYSE is expected to be August 10, 2026, with Nasdaq trading commencing on August 11, 2026. The company's Toronto Stock Exchange listing and CUSIP number remain unchanged. Executive Chairman Ari Sussman stated that the move reflects the company's expanding capital markets presence and positions it to engage with a broader global investor audience. The transfer does not constitute a new public offering or financing, and no shareholder action is required.