May 19 (Reuters) - Byron Energy Ltd BYE.AX :
* A$16 MILLION RAISED THROUGH A SHARE PLACEMENT
* SHARE PURCHASE PLAN TO RAISE UP TO A$4 MILLION
* ADDITIONAL US$3.5 MILLION IN LOANS FROM CRIMSON MIDSTREAM
* CAPITAL RAISE WILL PRIMARILY FUND FINAL DEVELOPMENT PHASE OF SM58 TAKING SM58 G PLATFORM INTO PRODUCTION