BUZZ-Australia's Predictive Discovery rises to 3-month high on stake sales

Shares of gold explorer Predictive Discovery PDI.AX rise as much as 11.3% to A$0.295, their highest since Oct 30

Co receives commitments from China's Zijin Mining 601899.SS and Canada's Lundin family to raise total A$69.2 mln ($43.04 mln)

Lundin and Zijin will acquire 6.5% and 3.5% stake in co, respectively, via placement

Issue price of A$0.265 per share is the same as stock's last closing price

Stock top gainer on ASX All Ordinaries index .AORD

As of last close, stock up 15.2% YTD

($1 = 1.6080 Australian dollars)