Mining focused private equity firm Grassroots Exploration has taken a 3.6% stake in junior resource investor Metal Tiger (LON:MTR).
A stock exchange statement this morning revealed the purchase of 9.7mln shares made by the company at the end of April.
Grassroots was set up by Triton Minerals non-executive chairman Alan Jenks last year.
Metal Tiger, meanwhile, has holdings in three AIM firms which it believes are on the cusp of major commercial development.
Its direct equities division is designed to generate short, medium and long term returns, with cash invested into the direct projects division to advance opportunities to create value.
Other private equity houses Black Star Gold, Goldbondsuper also own stakes in Metal Tiger, while natural resources investor Paternoster Resources (LON:PRS) has a 10% stake.
Metal Tiger shares climbed 1% to 0.93p.