Page 19 - Chan Feng News Today : Breaking News, Live Updates & Top Stories | Vimarsana

POCML 5 Announces Update to Proposed Qualifying Transaction in Collective Mining Inc. POCML 5 Announces Update to Proposed Qualifying Transaction in Collective Mining Inc. TORONTO, Jan. 21, 2021 As previously announced on November 30, 2020, POCML 5 Inc. (TSXV: PCML.P) (the “Company” or “POCML5”) entered into a binding letter agreement setting out the general terms of a business combination with Collective Mining Inc. (“Collective”), a privately held arm’s length company incorporated under the Business Corporations Act (Ontario). Collective is a privately‐held exploration and development company focused on identifying and exploring prospective gold projects in South America. Collective currently holds a 100% interest in two projects located in Colombia: (i) the San Antonio project (the “San Antonio Project”); and (ii) the Guayabales project (the “Guayabales Project”). The San Antonio Project is comprised of a 1,664-ha contiguous mining title located in a

United statesChan fengPerth and kinrossUnited kingdomZuid hollandSan antonioGrupo endesa emgesaConstanza garcDavid donofrioKenneth thomasPaul murphySelwyng blaylockOmar ossmaGuyana goldfields incTechnical servicesBarrick gold corporation