FirstGrowth Capital Inc.

FirstGrowth Capital Inc.

April 11, 2007 08:30 ET

FirstGrowth Capital Inc. Announces Equipment Orders in Excess of $8 Million

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 11, 2007) - FirstGrowth Capital Inc. (TSX VENTURE:FGC) is pleased to announce that its subsidiary, Kinetex Inc., has placed orders for over $8 million in equipment, most of which has now been received. This will provide the basis for the addition of a third field crew. This new equipment will enable the company to accelerate the completion of its current contracts and expand its ability to meet the increasing demand for its full wave digital seismic imaging services.

The company's contracts for 2007 total approximately $10 million to date. The work on these contracts is expected to be completed by late spring with negotiations for summer and fall projects underway.

About FirstGrowth

FirstGrowth is an oil, gas and mineral exploration services company focused on the organic growth of its subsidiary, Kinetex Inc. In addition, FirstGrowth's goal is to make acquisitions in the resource services sector accretive to Kinetex's current seismic imaging services.

Kinetex has been a developer of advanced exploration techniques for over six years as a Calgary-based integrator of applied sciences to the resource industry, including oil & gas exploration and development, and precious and base mineral exploration and evaluation. One of Kinetex's primary services is targeted implementation and optimization of seismic imaging using the proprietary VectorSeis Recording System and Digital 3 Component Full Wave Imaging.

Kinetex continues to be focused on offering value added services which accelerate the advancement of both grass roots exploration and development of hard rock deposits, with extensive experience in the areas of diamonds, gold and uranium.


Gilbert Schneider, President

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