China Yunnan Tin to Raise HK$38.95 Million Through Private Sale of Stock

China Yunnan Tin Minerals Group Co. plans to raise HK$38.95 million in a private placement of 400 million shares, according to a statement from the company to the Hong Kong exchange.

The placement represents 7.13 percent of the company’s existing share capital. China Yunnan Tin shares will resume trading at 9:30 a.m. today.

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