** Shares of Blue Star Helium slump as much as 33.3% to A$0.004, hitting their lowest since late August
** Helium producer says it has received firm commitments to raise A$3 mln ($2.02 mln) via a two-tranche share placement
** Issue price of A$0.004/share is at a ~33.3% discount to the previous closing price on Sept 2
** Co says funds raised will be used to advance helium development in its Las Animas County acreage in Colorado
** Stock had fallen ~72.7% this year, as of last close
($1 = 1.4881 Australian dollars)
(Reporting by Archishma Iyer)
((Archishma.Iyer@thomsonreuters.com;))
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