Jupiter Asset Management Reports 5.02% Stake in Collective Mining Ltd. (CNL) via Late 13G Filing

Jupiter Asset Management Ltd, a London-based investment manager, has filed a Schedule 13G reporting a 5.02% ownership stake in Collective Mining Ltd. (CNL). As of the event date of August 13, 2025, the filer held 4,260,536 shares of common stock, which were acquired for investment purposes rather than to influence control. This filing represents an increase from a previously reported 0% ownership level in SEC filings. Notably, the filer acknowledged that this notification was submitted after the prescribed deadline. Jupiter Asset Management explained that because the security is dual-listed and was traded on a Canadian market, their monitoring systems initially applied Canadian reporting thresholds rather than U.S. requirements. The oversight was identified following a review of the issuer's corporate information changes. Jupiter is currently reviewing its internal controls and monitoring processes to prevent future recurrences. The shares are held with shared voting and dispositive power across the reporting entities, which include the Jupiter Gold & Silver Fund.