HARTSDALE, N.Y., Feb 10, 2010 (BUSINESS WIRE) -- Pacific Asia Petroleum, Inc. (NYSE Amex:PAP) (the "Company"), a US-based energy company engaged in the development, production and distribution of oil and gas, announced today that Company has entered into definitive agreements with certain accredited investors (the "Investors") to sell in a registered direct offering an aggregate of 5 million shares of its common stock at a price of $4.00 per share for aggregate gross proceeds...
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