** Pursuit Minerals PUR.AX slides 6.7% to A$0.07; set for biggest intraday pct drop since February 21
** Stock on track for third straight day of losses
** Metals explorer receives firm commitments to raise A$1.1 mln ($691,900) via placement of shares at issue price of A$0.06, a 20% discount to last close
** Says funds will be used to further develop co's Rio Grande Sur lithium project in Argentina, among others
** More than 189,000 shares traded vs 30-day avg of 108,000
** PUR loses 30% YTD
($1 = A$1.5898)
(Reporting by Nikita Maria Jino in Bengaluru)
((Nikita.Jino@thomsonreuters.com;))
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