News Column

Canada : AMERICAS PETROGAS to raise up to $15 million in gross proceeds

May 23, 2014

Americas Petrogas Inc. has filed and got a receipt for a preliminary short form prospectus in connection with an overnight marketed public offering (the "Offering") of common shares (the "Common Shares"). The Company predicts to raise up to $15 million in gross proceeds (before any exercise of the Over-Allotment Option described below) but the size of the Offering will be determined in the context of the market.

The Offering will be conducted in all the provinces of Canada except Quebec and in other jurisdictions in a manner sanctioned by applicable securities laws and outside of Canada where they may be lawfully sold on a basis exempt from the prospectus and registration needs of any such jurisdiction.

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Source: TendersInfo (India)

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