Forrestania Resources (ASX:FRS) increased its stake in Zenith Minerals (ASX:ZNC) to about 14.8% from around 13.8% previously, according to a Wednesday filing with the Australian bourse.
Forrestania now holds about 90.8 million Zenith shares, per the filing.
Shares of Zenith Minerals declined 5% in recent Wednesday trade, while Forrestania was 2% lower.