** Shares of Many Peak Minerals MPK.AX fall 4.8% to A$0.790, on track for their worst day since July 9, if trend continues
** The gold and copper-focused explorer raises A$13.5 million ($8.81 million) at an issue price of A$0.72 per share
** Issue price represents a discount of 13.3% to stock's last close
** Stock up 295% YTD, including moves in current session
($1 = 1.5316 Australian dollars)
(Reporting by Jasmeen Ara Shaikh in Bengaluru)
((JasmeenAraIslam.Shaikh@thomsonreuters.com;))