Delphi recently participated in the company's placement and acquired shares of former substantial shareholder Molton Holdings Limited.
The German investor now has a 6.25% stake with a total of more than 40.7 million shares puchased last month.
Exploring various prospects in Western Australia
Delphi is a private company based in Heidelberg, Germany, whose primary business objective is to invest its own funds in a portfolio of companies, primarily in the resources sector.
The investor has acquired interests in a number of Australian resources companies in the last 12 months.
Venture Minerals is undertaking a review of the Riley DSO Iron Ore Project in northwest Tasmania, for a potential restart after being on care and maintenance since 2014.
An underground scoping study for the Mount Lindsay Tin-Tungsten Project, also in northwest Tasmania, is close to completion.
At the Thor VMS prospect in WA recent drilling intersected further massive sulphides with copper and zinc mineralisation.