Collective Mining Welcomes Jasper Bertisen to Its Board
Collective Mining Ltd. (NYSE: CNL) (TSX: CNL) has made a significant leadership move by appointing Jasper Bertisen to its Board of Directors, effective immediately. Chairman Ari Sussman expressed enthusiasm about Bertisen's extensive background in the mining industry, highlighting his experience in evaluating projects from both technical and financial angles. This strategic addition is expected to provide crucial guidance for advancing the company's flagship initiative, the Guayabales project.
Jasper Bertisen brings a wealth of experience to the table. With a substantial career rooted in mining private equity at Resource Capital Funds, he has overseen critical due diligence and strategic executions concerning investment initiatives across various commodities and geographies. His governance credentials are equally impressive, having served on the boards of both private and publicly listed mining firms. Furthermore, Bertisen's role as an Adjunct Professor at the Colorado School of Mines, coupled with his dual M.Sc. degrees in Mining Engineering and Mineral Economics, positions him as a leader well-equipped for the complexities of modern mining.
The Guayabales project, which is central to Collective Mining's future, is bolstered by the Apollo system, known for its promising large-scale, high-grade gold-silver-copper-tungsten resources. The strategic objectives under Bertisen’s guidance will focus on not only expanding the Apollo system, but also on exploring the newly discovered high-grade Apollo Ramp Zone. The company has ambitious plans to continue drilling additional targets across the region, demonstrating robust intentions for growth and evolution.
As part of its commitment to good corporate governance, Mr. Jasper Bertisen will also be nominated for election at the upcoming Annual General Meeting of the company. This nomination reflects Collective Mining's endeavor to enhance board diversity while ensuring that shareholder interests are prioritized. Currently, key management, insiders, and a strategic investor hold 44.5% of the company's outstanding shares, reinforcing a strong alignment between the board and investors.
Collective Mining was formed by the team responsible for the development and sale of Continental Gold Inc. to Zijin Mining for an impressive approximate enterprise value of $2 billion. It specializes in the exploration of precious and base metals, particularly gold, silver, copper, and tungsten. The company is well-positioned in Caldas, Colombia, having options to obtain complete interests in two projects located within a mining camp's sophisticated infrastructure, which includes ten fully permitted and operational mines.
In summary, the appointment of Jasper Bertisen is not merely a routine board addition; it's a strategic pivot aimed at ensuring that Collective Mining continues on its ambitious growth trajectory while maintaining a solid foundation in technical and financial strategies. As the company continues to expand and test various targets in its projects, Bertisen's leadership is expected to deliver invaluable insights and expertise, reinforcing the company's promise for innovative mining practices.
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Collective Mining.