BUZZ-Australia's Paterson Resource falls after discounted private placement** Shares of Paterson Resource PSL.AX down about 9.5% at A$0.019, the lowest level since July 29
** PSL earlier slumped as much as nearly 28.6%, its biggest intra-day pct loss since April 17
** Diversified miner receives firm commitment to raise A$910,000 ($594,412) via private placement at an issue price of 1.8 AU cents, a discount of about 14.3%
** Co to raise additional A$1.09 million ($711,443) via non-renounceable entitlement offer
** Funds to be used to complete drilling program
** Around 29 mln shares traded on stock's busiest day ever
** YTD stock up 58.33%
($1 = 1.5321 Australian dollars)
(Reporting by Ananya Verma in Bengaluru)
((ananya.verma@thomsonreuters.com;))
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