Active Growth Capital Announces Closing of $250,000 Private Placement

ACTIVE GROWTH CAPITAL INC. (TSX VENTURE:ACK) (the "Corporation") is pleased to
announce the closing of its previously announced private placement for aggregate
gross proceeds of $250,000, through the issuance of 10,000,000 Units at $0.025
per Unit. Each Unit consists of one common share of the Company and one share
purchase warrant (a "Warrant") with each Warrant exercisable at a price of $0.10
at any time within twelve (12) months from date of issue. Please note that the
initial press release mentioned a half Warrant in each Unit, which was later
modified for a full Warrant per Unit. The Corporation paid a finder's fee of
$3,600, equal to 8% of certain gross proceeds of the private placement, to a
registered dealer.


Proceeds from the private placement will be used towards the Corporation's
operations in Canada, approximately $200,000 will be allocated for accounts
payable, $35,000 for operations and $15,000 for the Corporation's Annual and
Special Meeting, expected to be held within the next 3 months. The private
placement was approved by the Corporation's board of directors, excluding those
directors that have a direct interest in the private placement.


One insider participated in the private placement, thereby making the private
placement a "related party transaction" as defined under Multilateral Instrument
61-101 - Protection of Minority Security Holders in Special Transactions ("MI
61-101"). Mr. Marc Labrecque, Chief Financial Officer and a director of the
Corporation, purchased 800,000 Units and owns or controls 800,000 common shares
or approximately 3.19% of the total common shares issued and outstanding after
completion of the Private Placement (or 1,850,000 common shares representing
approximately 7.08% of the issued and outstanding common shares assuming the
exercise of convertible securities owned by Mr. Labrecque entitling him to
acquire 1,050,000 common shares upon conversion). The private placement was
unanimously approved by the directors of the Corportaion, with Mr. Labrecque
disclosing his interest and abstaining from voting with respect thereto. The
private placement was exempt from the formal valuation and minority shareholder
approval requirements of MI 61-101 as neither the fair market value of any
common shares issued to or the consideration paid by Mr. Labrecque exceeded 25%
of the Corporation's market capitalization.


This private placement is necessary to support existing operations, activities
and assets, and none of the proceeds will be used to fund the purchase or
pursuit of new businesses, operations or activities, or to compensate, settle
indebtedness with, or otherwise satisfy obligations to, any person who is a
Related Party (as such term is defined in the TSX Venture Exchange ("TSXV")
Corporate Finance Manual). 


Completion of the offering is subject to the TSXV final approval. The private
placement is being completed pursuant to the TSXV's Notice to Issuers dated
August 17, 2012, regarding Temporary Relief from Certain Pricing Requirements. 


All securities issued under the offering will be subject to a statutory hold
period ending April 14, 2013.


About Active Growth Capital

Active Growth is a TSX listed junior mineral exploration issuer whose long-term
objective is to build a diversified company focused on the acquisition,
exploration and development of mineral properties. Additional information about
the Corporation is available on SEDAR at www.sedar.com.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Martin Tremblay
President and CEO
[phone]