** Shares of Energy Transition Minerals down 4.7% to A$0.081
** Stock falls as much as 11.8% earlier in the day to its lowest level since Jan. 10, down for a third straight session
** Mineral explorer says it intends to raise A$9.35 mln ($5.83 mln) via share placement of 137.5 mln shares
** Issue price of A$0.068 per share represents a discount of 20% to last close
** Co says funds will be used for advancement of the Kvanefjeld Rare Earths Project in Greenland
** About 6.8 mln shares change hands, 1.3x the 30-day avg
** Stock closed flat last year
($1 = 1.6026 Australian dollars)
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com;))
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