** Shares of Mayur Resources MRL.AX fall 11.4% to A$0.31

** Stock slid as much as 14.3% to A$0.3 earlier in the session, their largest intraday pct drop since Jan 29

** The diversified miner receives commitments to raise around A$100.1 million ($64.03 million) via a placement

** The placement issue price at A$0.28 per share, a 20% discount to stock's last close

** Co says funds will be used for developing its Central Lime project in Papua New Guinea

** More than 278,000 shares change hands vs 30-day avg volume of around 177,000 shares

** Stock up 8.8% YTD, including current session's moves

($1 = 1.5632 Australian dollars)

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com;))