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POCML 5 Inc Announces Conditional Approval of Its Qualifying Transaction With Collective Mining Inc and Filing of Filing Statement

TORONTO, May 12, 2021 (GLOBE NEWSWIRE) POCML 5 Inc. (“POCML5” or the “Company”) (TSXV: PCML.P) is pleased to announce that the TSX Venture Exchange (the “TSXV”) has conditionally accepted its proposed qualifying transaction pursuant to Policy 2.4 – Capital Pool Companies of the TSXV (the “Transaction”) with Collective Mining Inc. (“Collective”), which, upon completion, will result in a reverse take-over of POCML5 by the shareholders of Collective. A filing statement dated May 12, 2021 (the "Filing Statement") has been prepared in respect of the Transaction in accordance with the requirements of the TSXV and has been filed under POCML5’s issuer profile on SEDAR at www.sedar.com. Collective is an 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)

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