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ACK

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Share Name Share Symbol Market Type
TSXV:ACK TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Active Growth Capital Announces Private Placement

16/11/2012 8:21pm

Marketwired Canada


ACTIVE GROWTH CAPITAL INC. (TSX VENTURE:ACK) (the "Corporation")
(www.activegrowthcapital.com) is seeking to raise up to $250,000 through the
issue of a non-brokered private placement of units (the "Units") at a price of
$0.025 per Unit. Each Unit will consist of one common share and one-half of one
share purchase warrant ("Warrant"). Each whole Warrant is exercisable at a price
of $0.10 at any time within twelve (12) months from date of issue. A finder's
fee may be issued to arm's length parties who introduce subscribers to the
Corporation, and is payable in cash, shares, and / or warrants subject to
compliance with the TSX Venture Exchange ("TSXV").


The net proceeds of the financing will be used to maintain the Corporation's
assets, for debt repayment and working capital purposes that meet the criteria
established by the TSXV.


Completion of the offering is subject to TSXV approval. Approval of the private
placement is being sought 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 four-month
statutory hold period.


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
(514) 476-7773

1 Year Active Growth Capital Inc. Chart

1 Year Active Growth Capital Inc. Chart

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1 Month Active Growth Capital Inc. Chart