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     522  0 Kommentare Active Growth Capital Enters Into Option and JV on Muscovite and Pepidolite Pegmatite Properties and Announces Private Placement - Seite 3

    Proceeds from the private Placements will be used to conduct exploration on the Corporation' properties and for general working capital.

    Condition and Finder's Fee

    The Option Agreement is conditional upon the completion of the minimum Private Placement within 45 days.

    A finder fee of 150,000 common shares of the Corporation will be payable to the 9248-7792 Québec Inc. in connection with the Option Agreement when the Company has acquired the initial 50% interest in the Muscov Property.

    The Option Agreement and Private Placement are subject to the approval of the TSX Venture Exchange.

    All securities issued will be subject to a four-month hold period.

    Qualified Person

    Joel Scodnick, P.Geo. (CPG # 11498) St-Georges Platinum's vice-president exploration, a Qualified Person under the National Instrument 43-101 has reviewed and approved the geological content of the current press release.

    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.

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this release.

    CAUTION CONCERNING FORWARD-LOOKING STATEMENTS

    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This release contains statements that are forward-looking statements and are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Company's periodic filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. Except as required by law, the Company does not assume the obligation to update any forward-looking statement. You can find further information with respect to these and other risks in ACK's filings made with Canadian securities regulatory authorities and available at www.sedar.com. ACK disclaims any obligation to update or revise these forward-looking statements, except as required by applicable law.

    Active Growth Capital Inc.
    Marc Labrecque
    CEO and President
    (819) 856-3598
    Seite 3 von 3



    Verfasst von Marketwired
    Active Growth Capital Enters Into Option and JV on Muscovite and Pepidolite Pegmatite Properties and Announces Private Placement - Seite 3 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 …

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