Exhibit 99.9
UNDERTAKING
| TO: | ONTARIO SECURITIES COMMISSION (PRINCIPAL REGULATOR) |
| AND TO: | Alberta Securities Commission |
| British Columbia Securities Commission | |
| Saskatchewan Financial and Consumer Affairs Authority | |
| The Manitoba Securities Commission | |
| Autorité des marchés financiers | |
| Financial and Consumer Services Commission, New Brunswick | |
| Nova Scotia Securities Commission | |
| Office of The Superintendent of Securities, Government of Newfoundland and Labrador | |
| Office of The Superintendent of Securities, Prince Edward Island | |
| Office of the Superintendent of Securities Northwest Territories | |
| Office of the Yukon Superintendent of Securities | |
| Nunavut Securities Office | |
| RE: | COLLECTIVE MINING LTD. (the “Corporation”) |
| FINAL SHORT FORM BASE SHELF PROSPECTUS DATED MAY 12, 2026 | |
| (the “Prospectus”) |
This undertaking is being delivered pursuant to Sections 4.2(a)(x) and (x.1) of National Instrument 44-101 – Short Form Prospectus Distributions. In connection with the filing of the Prospectus, the undersigned, on behalf of the Corporation, hereby undertakes that the Corporation will file any material contracts and documents affecting the rights of security holders and, in particular, any indenture pursuant to which Securities (as defined in the Prospectus) are offered under any Prospectus Supplement, any agreement governing the issuance of Units (as defined in the Prospectus), the subscription receipt agreement for any offering of Subscription Receipts (as defined in the Prospectus) and the warrant indenture for any offering of Warrants (as defined in the Prospectus), promptly and in any event within seven days after the execution of such indenture in respect of the distribution of Securities being qualified by the Prospectus Supplement.
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DATED as of the 12th day of May, 2026.
| COLLECTIVE MINING LTD. | ||
| Per: | “Paul Begin” | |
| Paul Begin | ||
| Chief Financial Officer and Corporate Secretary | ||