Metals X (ASX:MLX) increased its stake in London Stock Exchange-listed mining firm First Tin to 29.91%, following shareholder approval, according to a Wednesday filing with the Australian bourse.

The mining firm subscribed for around 61.7 million shares in First Tin for 3.7 million pounds sterling, an earlier filing showed.

The company's shares were down almost 1% in recent Thursday trade.

Price (AUD): $0.42, Change: $-0.003, Percent Change: -0.71%