BUZZ-Australia's Golden Deeps falls on discounted placement

Reuters09-06

** Shares of Golden Deeps fall as much as 12.2% to A$0.065, set for worst day since Aug. 23, if current losses hold

** Mineral explorer says received firm commitments to raise A$1.78 mln ($1.20 mln)

** Placement at A$0.059 per share is at a 20.3% discount to stock's last close

** Funding for further drilling at Havilah Project in South Australia - co

** GED up 60.9% YTD, as of last close

($1 = 1.4841 Australian dollars)

(Reporting by Adwitiya Srivastava in Bengaluru)

((Adwitiya.Srivastava@thomsonreuters.com;))

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