Shares of Kalamazoo Resources Ltd (ASX:KZR) fall as much as 10% to A$0.135, their lowest level since July 17.
Gold and lithium explorer raises A$1.5 mln via placement.
Issue price of A$0.13 per share is at a 13.3% discount to stock’s last close.
Stock posts biggest intraday fall since June 26.
Shares of the company are down 28.6% YTD, as of last close.