BUZZ-Australia's Culpeo Minerals hits 3-1/2-month low on discounted placement ** Shares of Australia's Culpeo Minerals CPO.AX drop as much as 23.1% to A$0.013, their lowest level since August 13
** Stock set for its weakest trading session in seven weeks, if current losses hold
** Copper explorer and developer to raise A$3 million ($1.96 million) through placement
** Offer price of A$0.011 per share represents a 15.4% discount to stock's last close
** Proceeds to fund further exploration and drilling at Lana Corina and Fortuna projects in Chile - co
** Stock down ~45% YTD, including day's moves
($1 = 1.5309 Australian dollars)
(Reporting by Aamir Sheik Khalid in Bengaluru)
((Aamir.SheikKhalid@thomsonreuters.com))
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