** Shares of Lucapa Diamond LOM.AX fall as much as 45% to a record low of A$0.022
** LOM shares mark their worst intraday drop since Nov. 8, 2010
** Co to raise A$2.67 mln ($1.72 mln) through placement of 133.5 mln shares
** New shares to be issued at A$0.02 apiece, a 50% discount to Dec. 2 close when trading was halted pending the announcement
** Funds raised to be utilised for the Merlin Diamond Project and additional working capital
** Stock has fallen ~86% YTD
($1 = 1.5545 Australian dollars)
(Reporting by Namrata Verma)
((Namrata.Verma@thomsonreuters.com;))
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