Active Growth Capital Announces Consolidation
18 Julho 2013 - 1:10PM
Marketwired Canada
ACTIVE GROWTH CAPITAL INC. (TSX VENTURE:ACK) ( the "Corporation") announces that
the Corporation will give effect to the consolidation of its common shares on
the basis of five (5) pre-consolidation common shares for one (1)
post-consolidation common share and that the post-consolidation common shares
will commence trading on the TSX Venture Exchange at the opening of markets on
or about July 22, 2013 under the current symbol "ACK" and new CUSIP number
00507N206.
The Corporation's shareholders authorized the consolidation at the shareholders'
special meeting held on July 18, 2013.
The 25,066,689 pre-consolidation common shares issued and outstanding will be
consolidated into approximately 5,013,338 post-consolidation common shares. If,
as a result of the consolidation, a shareholder would otherwise be entitled to a
fraction of a post-consolidation common share, the number of post-consolidation
common shares will be rounded to the nearest whole number. The Corporation's
currently outstanding stock options and warrants will be adjusted on the same
basis with proportionate adjustments being made to the stock option and warrant
exercise prices.
Letters of transmittal will be mailed to the registered holders of its common
shares, requesting that they forward their pre-consolidation common share
certificates to the Corporation's transfer agent for exchange for new common
share certificates representing their common shares on a post-consolidation
basis.
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 or accuracy of this news release.
FOR FURTHER INFORMATION PLEASE CONTACT:
Active Growth Capital
Marc Labrecque
Interim President and CEO and CFO
(819) 825-0001
Active Growth Capital Inc. (TSXV:ACK)
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