** Shares of Polymetals Resources POL.AX fall as much as 5.8% to A$0.805, their lowest since January 6
** Mining and exploration co raises A$35 million ($21.91 million) via placement at offer price of A$0.80 per share
** Offer price represents a discount of 6.4% to stock's last closing price
** Stock up ~3.8% YTD, including day's moves
($1 = 1.5972 Australian dollars)
(Reporting by Jasmeen Ara Shaikh in Bengaluru)
((Jasmeenaraislam.shaikh@thomsonreuters.com))
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