** Shares of Saturn Metals STN.AX slide 11.5% to A$0.23
** Stock fell as much as 13.5% to A$0.24 in early trade, their largest intraday pct decline since mid November 2024
** Gold explorer receives firm commitments to raise A$23 million ($14.44 million) via a placement
** Placement issue price at A$0.215 per share, representing a 17.3% discount to stock's last close
** Funds to be used to advance co's Apollo Hill project towards development, among others
** More than 539,000 shares change hands, 2.3 times the 30-day avg
** Stock up 12.2% YTD, including current session's moves
($1 = 1.5926 Australian dollars)
(Reporting by Nikita Maria Jino in Bengaluru)
((Nikita.Jino@thomsonreuters.com;))
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