** Shares of Vanadium Resources VR8.AX fall 7.3% to A$0.038, on track for worst day since July 10, if trend continues
** The vanadium producer raises A$1.2 million ($790,200) at an issue price of A$0.033 per share
** Issue price represents a discount of 19.5% to stock's last close on July 22, after which shares went on a trading halt
** About 7.1 million shares change hands, 3.4x the 30-day average of 2.1 million
** Stock up 19.4% YTD, including moves in current session
($1 = 1.5186 Australian dollars)
(Reporting by Jasmeen Ara Shaikh in Bengaluru)
((JasmeenAraIslam.Shaikh@thomsonreuters.com;))
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