** Shares of Avenira Ltd rise as much as 7.1% to A$0.015
** Battery metals explorer says it has successfully completed a placement to raise about A$5 million
** Adds proceeds from the placement will be used primarily to progress the development of its phosphate projects
** About 13.7 mln shares change hands, compared with the 30-day average volume of 3.5 mln shares
** Stock down 26.3% YTD as of last close
(Reporting by Megha Rani in Bengaluru)
((Megha.Rani2@thomsonreuters.com;))
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