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