** Shares of New Murchison Gold NMG.AX fall 5.9% to A$0.016
** Stock set for its weakest session since March 5, if current losses hold
** The mineral explorer receives commitments to raise A$16.5 million ($10.47 million) by issuing 1.3 million shares at A$0.013 per new share
** Placement price represents a 23.5% discount to stock's last close
** About 72.1 mln shares change hands, 3.6x the 30-day average of 20 mln
** NMG stock up 77.8% YTD, including current session's moves
($1 = 1.5763 Australian dollars)
(Reporting by Manasi Dasa in Bengaluru)
((Manasi.DasaSundeep@thomsonreuters.com;))
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