BUZZ-Australia's Lord Resources gains most in 3 weeks on premium placement

Reuters04-24

** Shares of Lord Resources rise as much as 19.6% to A$0.055, their biggest intraday percentage gain since April 2

** Stock hits its highest level since April 10

** The lithium miner says it will raise A$1.5 mln ($977,850) via placement at A$0.05 per share

** Placement price represents a 8.7% premium to co's last close on Friday

** Shares were on a trading halt on Monday and Tuesday

** Stock down 27% YTD, based on last close

($1 = 1.5340 Australian dollars)

(Reporting by Aaditya Govind Rao in Bengaluru)

((Aaditya.govindrao@thomsonreuters.com;))

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