BUZZ-Australia's <a href="https://laohu8.com/S/GML.AU">Gateway Mining</a> falls on discounted placement** Shares of Gateway Mining GML.AX fall as much as 6.2% to A$0.061, posting their biggest intraday pct loss since September 16
** Gold explorer receives firm commitments to raise A$22.5 million ($14.82 million) via a placement
** Placement issue price at A$0.055 per share, a 15.4% discount to stock's last close
** Co says funds will be used to advance exploration and drilling works at its Yandal project in Western Australia, among others
** More than 96.5 million shares change hands, 16.9 times the 30-day average
** Stock has nearly tripled in value so far this year
($1 = 1.5179 Australian dollars)
(Reporting by Nikita Maria Jino in Bengaluru)
((Nikita.Jino@thomsonreuters.com;))
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