6-K - Collective Mining Ltd. | StockGist

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Collective Mining Ltd. entered into the Guayabales Surface Rights Agreement on March 11, 2026, to acquire remaining surface rights for future mining operations at its Guayabales Project in Caldas, Colombia, for a total of US$34 million in cash paid in installments over five years. This secures all required surface titles, enabling construction of an exploration adit in Q4 2026 to advance Trap system exploration.

Key Takeaways

1Entered Guayabales Surface Rights Agreement on March 11, 2026

2Acquired remaining surface rights for Guayabales Project in Caldas, Colombia

3Total purchase price US$34 million cash

4Payments in installments: US$6.4 million (two) in 2026, US$7.8 million (two) in 2027, US$6.4 million (two each) in 2028-2030

5Interest at 6.0% on payments from 2028; acceleration if construction starts early

6Plans exploration adit construction Q4 2026 for underground Trap testing

Current Report Details

Event Type

Securities Issuance

Disclosure

Voluntary

Variant

6-K

Items Reported

6-K

Current Report on Form 6-K

Securities Issuance

Transaction Details

Material Agreement

Agreement: Guayabales Surface Rights Agreement
Parties: Collective Mining Ltd., arms-length vendors

•Total purchase price of US$34 million in cash
•Paid in installments over five-year period: (i) US$6.4 million in two instalments in 2026; (ii) US$7.8 million in two instalments in 2027; (iii) US$6.4 million in two instalments in 2028; (iv) US$6.4 million in two instalments in 2029; (v) US$6.4 million in two instalments in 2030
•Payments beginning in 2028 subject to additional annual accrued interest of 6.0%
•Certain outstanding installments due immediately if mining construction approved and elected prior to final payments
•Company holds mineral titles or options over relevant areas
•Enables construction of exploration adit in Q4 2026 for Trap system testing

Exhibits (3)

6-K

REPORT OF FOREIGN PRIVATE ISSUER

99.1

MATERIAL CHANGE REPORT

99.2

MATERIAL AGREEMENT - PROMISE OF PURCHASE AND SALE AGREEMENT (REDACTED)