BUZZ-Australia's Sipa Resources falls on discounted placement** Shares of Sipa Resources SRI.AX fall as much as 25% to A$0.015, their lowest level since July 3
** Stock last down 10% at A$0.018
** Mineral exploration co receives firm commitments to raise A$1.61 million via share placement
** Issue price of 1.4 AU cents per new share represents a discount of 30% to stock's last close
** Funds raised from the capital raising to be used for exploration at the Tunkillia North, others - co
** About 3.9 million shares change hands, 2.7x the 30 day avg
** Stock up 50% YTD, including the day's moves
(Reporting by Sherin Sunny in Bengaluru)
((Sherin.Sunny@thomsonreuters.com))
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