** Shares of Southern Palladium SPD.AX fall 9.6% to A$1.12, their lowest level in two weeks
** Set for worst session since September 30, if current losses hold
** Mining co to raise A$20 million ($13.00 million) at A$1.10 per share in a placement
** Issue price represents a discount of 12% to stock's last close
** Stock up 88.3%, YTD
($1 = 1.5389 Australian dollars)
(Reporting by Jasmeen Ara Shaikh in Bengaluru)
((Jasmeenaraislam.Shaikh@thomsonreuters.com;))
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