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China Properties to Raise HK$19.4 Million in Share Placement to Fund Mine

By Joshua Fellman -

China Properties Investment Holdings Ltd. will raise as much as a net HK$19.4 million through the placing of as many as 360 million new shares at 5.6 cents each to finance development of its copper and molybdenum mine in China’s Inner Mongolia region, the company said in a Hong Kong stock exchange statement today.

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