Active Growth Capital Inc.
TSX VENTURE : ACK.P

August 30, 2010 17:16 ET

Active Growth Capital Inc. Announces Termination of Qualifying Transaction

TORONTO, ONTARIO--(Marketwire - Aug. 30, 2010) - Active Growth Capital Inc. (TSX VENTURE:ACK.P) (the "Company") announces that by mutual agreement, it has formally terminated the letter of intent entered into between the Company and Alpaca Resources Inc. (a non-reporting issuer) ("Alpaca") to acquire, through a to-be-incorporated, wholly owned subsidiary of the Company, all of the issued and outstanding securities of Alpaca.

The Company is continuing to pursue and review other businesses and assets with a view to completing a qualifying transaction and listing on the TSX Venture Exchange.

For addition information about the Company please refer to the Company's profile on www.sedar.com.

Cautionary Statement

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 and accuracy of this release.

Contact Information

  • Active Growth Capital Inc.
    Kenny Wan
    Chief Executive Officer
    905-305-8089
    kenny@kennywan.com