BUZZ-Australia's Ordell Minerals falls on discounted placement** Shares of Ordell Minerals ORD.AX fall 14.5% to A$0.355, on track for their worst day since May 19, if current trend continues
** The mineral explorer raises A$3.85 million ($2.51 million) at an issue price of A$0.34 per share
** Issue price represents a discount of 18.1% to stock's last close
** About 187,733 shares change hands, 1.7x the 30-day average of 110,117
** Stock up 9.1% YTD, including moves in current session
($1 = 1.5366 Australian dollars)
(Reporting by Jasmeen Ara Shaikh in Bengaluru)
((JasmeenAraIslam.Shaikh@thomsonreuters.com;))
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