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"We Tibetans are looking for a legitimate and meaningful autonomy, an arrangement that would enable Tibetans to live within the framework of the People’s Republic of China."

Tibet Mineral to Raise Up to 1.5 Billion Yuan in Private Placing

June 22, 2010

May 7 (Bloomberg) -- Tibet Mineral Development Co. plans to raise as much as 1.5 billion yuan in a private sale of as many as 68.7 million shares.

The sale price will be at least 21.89 yuan per share, the Chinese mining company said in a statement to the Shenzhen exchange today.

To contact the reporter on this story: Jian Guo Jiang in Shanghai at jjiang@bloomberg.net

To contact the editor responsible for this story: Gregory Turk at gturk2@bloomberg.net

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