Active Growth Capital Enters Into Option and JV on Muscovite and Pepidolite Pegmatite Properties and Announces Private Placement

VAL D'OR, QUEBEC--(Marketwired - April 28, 2016) - Active Growth Capital Inc. (TSX VENTURE:ACK) ("ACK" or the "Corporation") is pleased to announce it has entered into an exploration and option to joint venture agreement on of a group of claims located on past producing muscovite mines, located in the Province of Québec (the "Muscov Project"), with St-Georges Platinum Ltd. ("St-Georges") and two prospectors (the "Option Agreement").

The Option Agreement grants ACK an option to earn an undivided 50% interest in the Muscov Project, in consideration for ACK issuing 1,500,00 common shares and granting a 2% production royalty interest.

In addition, ACK has the option to increase its interest by an additional 25% for an aggregate undivided 75% interest by and incurring $200,000 in exploration expenditures over a two year period (the "Expenditures"). The Option Agreement also provides that upon ACK exercising its option, a 50%/50% or a 75%/25% joint venture with St-Georges will be established in order to further explore the Muscov Property.

The Muscov Project

The project is comprised of 95 mineral claims covering 4 blocks of mapped and worked pegmatites over 5435 hectares, of which 10 pegmatites were partially mined for muscovite between 1900 and 1940.

The 4 blocks comprising the Muscov Project are:

The Mine du Lac à la Mine and Mine du Lac Jacques block is constituted of 2 past producing claims and 9 additional claims acquired by staking. The main minerals identified by the Québec Government Ministry of Natural Resources on the projects are about 1 kilometer apart are Mica (Muscovite and Lepidolite), Apatite, Garnet and Tourmaline. Limited production was conducted in open pits. The mines are about 12 km north-east of Tadoussac on the Quebec North-Shore.

The Mine Imbeault, Mine du Lac Castor, Mine du Ruisseau and Mine du Lac Sirois block is constituted of 3 past producing claims and 26 additional claims acquired by staking. The former mines are along the same 3km Pegmatite trend and the central point lays 16km north-west of Les Escoumins on the Québec North-Shore. Minerals identified are Mica (Muscovite and Lepidolite), Quartz, Feldspath, Garnet (Beryllium), Tourmaline and Apatite. The Mine du lac Castor section has a 1.6 km by 120 meters pegmatite outcrop on a North-West orientation. Historical grades of 10 to 30% pink/ruby micas in multiple drilling intersections of 5 to 15meters. These results are historical in nature and cannot be rely upon and are only mentioned has a reference. There is no NI 43-101 technical report or known resources on these projects.