April 18 (Reuters) - Sayona Mining Ltd SYA.AX :
* ANNOUNCES OVERSUBSCRIBED PLACEMENT ISSUE TO RAISE A$11.1 MILLION
* WILL UNDERTAKE RIGHTS ISSUE TO RAISE UP TO A$4 MILLION TO ENABLE ALL SHAREHOLDERS TO PARTICIPATE IN CAPITAL RAISING
April 18 (Reuters) - Sayona Mining Ltd SYA.AX :
* ANNOUNCES OVERSUBSCRIBED PLACEMENT ISSUE TO RAISE A$11.1 MILLION
* WILL UNDERTAKE RIGHTS ISSUE TO RAISE UP TO A$4 MILLION TO ENABLE ALL SHAREHOLDERS TO PARTICIPATE IN CAPITAL RAISING