Americas Petrogas Closes Private Placement Financings

- March 31st, 2010

Americas Petrogas Inc. (TSX VENTURE:BOE) reported that the comoany has closed its previously announced equity financing by way of a private placement on a bought-deal basis by completing the sale of 12,345,700 common shares of the Corporation at a price of $0.81 per share, for gross proceeds of approximately $10 million.

Americas Petrogas Inc. (TSX VENTURE:BOE) reported that the comoany has closed its previously announced equity financing by way of a private placement on a bought-deal basis by completing the sale of 12,345,700 common shares of the Corporation at a price of $0.81 per share, for gross proceeds of approximately $10 million.

The press release is quoted as saying:

Americas Petrogas Inc. is a Canadian company whose shares trade on the TSX Venture Exchange under the symbol “BOE”. The Corporation has oil and gas exploration, development and production activities in Argentina.

Click here to access the entire press release

Click here to access Americas Petrogas Corporate Site

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