** West Cobar Metals WC1.AX tumbles 27.8% to record low of A$0.013; set for worst-ever session
** Mineral explorer gets firm commitments to raise A$175,000 ($111,790) via placement
** Issue price of A$0.012 represents 33.3% discount to last close
** Co says funds will be used as working capital and to evaluate potential project opportunities
** More than 724,000 shares traded, 6.4x the 30-day avg
** Stock down 82.7% YTD
($1 = A$1.5654)
(Reporting by Nikita Maria Jino in Bengaluru)
((Nikita.Jino@thomsonreuters.com;))
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