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Yunnan Copper to Raise $801 Million in Placement of 300 Million Shares

iconAug 31, 2010 00:00

Aug 31(Bloomberg)--

Yunnan Copper Industry Co. plans to raise 5.45 billion yuan via the private placement of as many as 300 million shares, according to a statement to Shenzhen’s stock exchange.

The company will sell shares in the placement for no less than 18.64 yuan each, according to the statement.

   
            
 

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