** Shares of High-Tech Metals HTM.AX fall 11.1% to A$0.16, their lowest since February 19
** The cobalt explorer announces raising of A$1.3 million ($832,780.00) at A$0.15 per share
** Issue price represents discount of 16.7% to stock's last close
** Stock posts biggest percentage intraday drop since April 9
** Stock up 3.2% YTD, including moves in current session
($1 = 1.5610 Australian dollars)
(Reporting by Jasmeen Ara Shaikh in Bengaluru)
((JasmeenAraIslam.Shaikh@thomsonreuters.com))
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