In a statement at market close on Wednesday, the firm confirmed it holds 18.18mln Kingsgate Consolidated Limited shares, giving the company an 8.13% stake up from 6.7%.
The news comes ahead of an extraordinary meeting of shareholders, to be held on 9 January 2018, following agitation from Metal Tiger.
If Metal Tiger gets its way, a new board will be elected for Kingsgate at the meeting.
Metal Tiger requested the Kingsgate shareholder meeting to remove all but one member of the board, and has proposed that five new directors be appointed, including three directors of Metal Tiger.
"We encourage shareholders to vote in favour of all resolutions to appoint a new board at Kingsgate," Metal Tiger chief executive Michael McNeilly said earlier this month.
"We believe the proposed directors have the experience, expertise and relationships that can lead to the reopening of the Chatree gold mine, Kingsgate's only operating asset, and restore value."