Nov 7 (Reuters) - Metals Of Africa Ltd MTA.AX
* Has received commitments from institutional and sophisticated investors for an oversubscribed placement to raise A$9 million
* "Placement to advance its world class graphite projects in Cabo Delgado Province of Mozambique"
* Placement will be completed via issue of 100 million fully paid ordinary shares in company at a price of a$0.09 per share
* Metals of africa ltd - placement to progress battery graphite projects-mta.ax Source text for Eikon: ID:nASX7Cr0GP Further company coverage: MTA.AX