BUZZ-Australia's Mclaren Metals falls on discounted capital raising** Shares of McLaren Metals MML.AX fall as much as 8% to A$0.023, their lowest level since October 1
** Stock set for weakest trading session since October 10, if current trend holds
** The mineral explorer to raise A$3.6 million ($2.34 million) through 1-for-1 pro-rata non-renounceable entitlement offer
** Offer price of 1.8 Australian cents per share marks a discount of 28%, as of firm's last close
** Capital raising to fund ongoing study and exploration works at McLaren Project in Western Australia
** YTD, shares fall 45.24%, including the day's moves
($1 = 1.5389 Australian dollars)
(Reporting by Aamir Shaik Khalid in Bengaluru)
((aamir.sheikkhalid@thomsonreuters.com))
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