BUZZ-Australia's <a href="https://laohu8.com/S/SGA.AU">Sarytogan Graphite</a> hits near 2-month low on discounted placement ** Shares of Sarytogan Graphite SGA.AX slump as much as 9.5% to A$0.095, their lowest level since October 2
** Stock posts its biggest intraday pct loss since November 18
** Graphite explorer says firm commitments received to raise A$1.8 million ($1.17 million) at an issue price of A$0.09 per share
** Offer price at a 14.3% discount to the stock's last close
** Proceeds will be used for Definitive Feasibility Study for Sarytogan Graphite Project in Kazakhstan, among other purposes
** YTD, stock up 51.5%, including current session's move
($1 = 1.5411 Australian dollars)
(Reporting by Ananya Verma in Bengaluru)
((ananya.verma@thomsonreuters.com;))
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