** Shares of Green Technology Metals GT1.AX fall 34.5% to a record low of A$0.038
** Lithium explorer launches entitlement offer to raise about A$4 million ($2.52 million)
** Issue price of A$0.004 per new share for every 3.85 shares held represents a 31% discount to co's last close
** Says funds raised through the offer to be used for development activities at the Seymour project in Canada, among others
** 3.1 mln shares change hands, 25.5x the 30-day average of 122,677
** Stock down ~45% YTD, including current session's moves
($1 = 1.5898 Australian dollars)
(Reporting by Manasi Dasa in Bengaluru)
((Manasi.DasaSundeep@thomsonreuters.com;))
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