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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 Commences Work Program on Bohan and Grants Options

02/09/2011 8:14pm

Marketwired Canada


Active Growth Capital Inc. (TSX VENTURE:ACK) is pleased to announce that an
exploration program has begun for the Bohan Property located 20km northeast of
Creston in the East Kootenay region of British Columbia. The program has been
separated into three phases with each subsequent phase being conditional on
favourable results from the preceding phase.


The property is prospective for Pb/Zn SEDEX and Manto style replacement
mineralization. Phase I diamond drilling program is targeting a, previously
un-tested, coincident lead & zinc soil anomaly. Supported by helicopter, the
program is planned for 600m of drilling in 3 holes, and expected to take 10 days
to complete. The property is favorably located with respect to power and rail
infrastructure. TerraLogic Exploration Inc., based out of Cranbrook, B.C., is
operating the project on behalf of the Corporation.


If results of this exploration program are positive, information collected will
be used to identify new targets for more diamond drilling.


Technical aspects of this news release are approved by Dave Pighin, P.Geo.
hereby identified under NI 43-101 as a "Qualified Person".


Options

The Corporation also announces that it has granted incentive stock options to
certain directors and officers of the Corporation to purchase up to 900,000
common shares in the capital of the Corporation (the "Shares") pursuant to an
approved share option plan. The options are exercisable at a price of $0.16 per
Share and have a term of five years. The grant of options is subject to TSX
Venture Exchange approval ("TSXV").


Acquisition

The Corporation also wishes to announce that the TSXV approved the Corporation's
acquisition disclosed in its June 13, 2011 press release.


About Active Growth Capital

Active Growth is a TSX Venture Exchange 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 Company is available on SEDAR at www.sedar.com.


Statements made in this news release that relate to future plans, events or
performances are forward-looking statements. Any statement in this news release
containing words such as "believes", "plans", "expects" or "intends" and other
statements that are not historical facts are forward-looking, and these
statements involve risks and uncertainties and are based on current
expectations. Consequently, actual results could differ materially from the
expectations expressed in these forward-looking statements.


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