BUZZ — Australia's Maronan Metals falls on discounted placement

* Shares of Maronan Metals fall 3.6% to A$0.405, on track for their worst day since September 16, if moves hold * Mineral explorer announces A$20 million ($13.91 million) placement at A$0.40 apiece * Issue price represents a discount of 4.8% to stock's last close * About 381,037 shares change hands, 1.8x the 30-day average of 209,125 * Stock down 3.6% YTD, including moves in the current session ($1 = 1.4380 Australian dollars) (Reporting by Jasmeen Ara Shaikh in Bengaluru) ((Jasmeenaraislam.Shaikh@thomsonreuters.com;)