Americas Petrogas Closes Private Placement Financings

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.

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