BUZZ-Australia's Belararox falls on discounted placement** Shares of Belararox BRX.AX fall as much as 13.3% to A$0.091, their biggest intraday pct loss since August 15
** Stock hits its lowest level since August 18
** Belararox stock set for a third consecutive session of losses
** The mineral explorer receives firm commitment to raise A$8.5 million via two tranche placement
** Says issue price of A$0.09, a discount of 14.3% to stock's last close
** Funds will be used for high-impact exploration in the Kalahari Copper Belt, Botswana
** YTD stock down 44.4%, including current session's move
(Reporting by Ananya Verma in Bengaluru)
((ananya.verma@thomsonreuters.com;))
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