Collective Mining Ltd. Schedule 13G filed by Jupiter Asset Management Ltd. reports beneficial ownership of 6,622,747 shares of Common Shares (CUSIP 19425C100), representing 7.15% of the class. The filing states the 92,537,998 shares outstanding as of 12/31/2025 was used to calculate the percentage. Jupiter discloses shared voting and dispositive power over the 6,622,747 shares and notes the notification was submitted after the prescribed deadline; the filer says this resulted from a monitoring oversight tied to the security's dual-nature and trading on a Canadian market. The filing is signed by Katie Carter, Head of Compliance on 06/15/2026.
Positive
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Negative
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Insights
Jupiter holds a notable 7.15% stake in Collective Mining as a shared holder.
Jupiter Asset Management reports beneficial ownership of 6,622,747 shares, equal to 7.15% of 92,537,998 outstanding shares as of 12/31/2025. The filing records shared voting and dispositive power rather than sole control.
Timing and compliance risk is disclosed: the filer admits a late notification due to applying Canadian thresholds and is reviewing controls. Subsequent filings or amendments could clarify beneficiary structures or corrective actions.
Key Figures
Beneficial ownership:6,622,747 sharesPercent of class:7.15%Shares outstanding (context):92,537,998 shares+3 more
6 metrics
Beneficial ownership6,622,747 sharesAmount beneficially owned reported in Item 4
Percent of class7.15%Calculated using 92,537,998 shares outstanding as of 12/31/2025
Shares outstanding (context)92,537,998 sharesOutstanding as of 12/31/2025 per issuer Form 40-F filed 03/31/2026
Shared voting power6,622,747 sharesItem 4(ii): shared power to vote
Shared dispositive power6,622,747 sharesItem 4(iv): shared power to dispose
Signature date06/15/2026Signed by Katie Carter, Head of Compliance
Key Terms
Schedule 13G, Beneficial ownership, Shared dispositive power, Form 40-F
4 terms
Schedule 13Gregulatory
"Item 1. (a) Name of issuer: Collective Mining Ltd."
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Shared dispositive powerregulatory
"Item 4. (iv) Shared power to dispose or to direct the disposition: 6,622,747 shares"
Form 40-Fregulatory
"based upon a total of 92,537,998 shares ... as reported in the Issuer's Form 40F filed 03/31/2026"
A Form 40-F is a standardized annual filing used by certain Canadian companies that trade in U.S. markets to give U.S. regulators and investors the same core financial statements and key disclosures they file in Canada. Think of it as a translated, formally packaged annual report that lets investors in a different marketplace compare a company’s results, governance and risks more easily, which reduces uncertainty and helps investment decisions.
FAQ
What stake does Jupiter Asset Management report in Collective Mining (CNL)?
Jupiter reports beneficial ownership of 6,622,747 shares, representing 7.15% of the class. The percentage is based on 92,537,998 shares outstanding as of 12/31/2025, per the filing cited in the Schedule 13G.
Does Jupiter have sole voting or dispositive power over the shares?
No. Jupiter discloses 0 sole voting power and 0 sole dispositive power, and reports 6,622,747 shared voting and 6,622,747 shared dispositive power over the Common Shares in the filing.
Was the Schedule 13G filed on time?
The filing states the notification was submitted after the prescribed deadline. The filer attributes the late filing to applying Canadian thresholds and says it is reviewing monitoring controls to prevent recurrence.
What document and date does the filer use to calculate the ownership percentage?
The percentage is calculated using 92,537,998 shares outstanding as of 12/31/2025, as reported in the issuer's Form 40-F filed on 03/31/2026, according to the Schedule 13G text.
Who signed the Schedule 13G for Jupiter Asset Management?
Katie Carter, Head of Compliance, signed the filing. The signature block shows the date 06/15/2026 for the attestation provided in the document.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Collective Mining Ltd.
(Name of Issuer)
Common Shares without par value
(Title of Class of Securities)
19425C100
(CUSIP Number)
01/07/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
19425C100
1
Names of Reporting Persons
Jupiter Asset Management Ltd
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED KINGDOM
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
6,622,747.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
6,622,747.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
6,622,747.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.15 %
12
Type of Reporting Person (See Instructions)
FI, OO
SCHEDULE 13G
CUSIP Number(s):
19425C100
1
Names of Reporting Persons
Jupiter Gold & Silver Fund
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED KINGDOM
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
6,622,747.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
6,622,747.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
6,622,747.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.15 %
12
Type of Reporting Person (See Instructions)
FI, OO
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Collective Mining Ltd.
(b)
Address of issuer's principal executive offices:
82 Richmond Street East 4th Floor, Toronto, Ontario, Canada
Item 2.
(a)
Name of person filing:
Jupiter Asset Management Ltd
(b)
Address or principal business office or, if none, residence:
The Zig Zag Building,
70 Victoria Street,
London SW1E 6SQ
(c)
Citizenship:
England and Wales
(d)
Title of class of securities:
Common Shares without par value
(e)
CUSIP Number(s):
19425C100
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
6,622,747 shares of Common Stock
(b)
Percent of class:
7.15% The percentages set forth in this Item 4 and in the rest of this Schedule 13G are based upon a total of 92,537,998 shares of Common Stock outstanding as at 12/31/2025 as reported in the Issuer's Form 40F filed 03/31/2026. This notification is being submitted after the prescribed deadline. Given the dual-nature of this security, and the fact that our position was traded on a Canadian market, our monitoring system applied the Canadian threshold to identify reporting requirements rather than apply the United States thresholds as well. The oversight was subsequently identified following a recent review triggered by changes to the issuer's corporate information, including its headquarters location. We are currently reviewing our controls and monitoring processes to determine whether enhancements are required to prevent a recurrence.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
6,622,747 shares of Common Stock
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
6,622,747 shares of Common Stock
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
See Item 2.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
