Australia's OD6 Metals falls on discounted placement

** Shares of OD6 Metals OD6.AX fall as much as 4.6% to A$0.1050, their lowest point since September 30

** Stock logs its largest intraday pct loss since September 30

** The rare earths explorer to raise around A$6.92 million ($4.81 million) at an issue price of A$0.095 per share, representing a discount of 13.6% to the last close on September 30

** Company intends to use funds for maiden drilling at the Quinn Fluorspar Project, others

** YTD, stock up 26.5%

($1 = 1.4382 Australian dollars)