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Article: Active Growth Capital Inc. Announces Settlement of Legal Credit and Resumption of Trading.
- Article from:
- Marketwire Canada
- Article date:
- September 15, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TORONTO, ONTARIO, Sep 15, 2009 (Marketwire via COMTEX) -- During the year ending December 31, 2008, Active Growth Capital Inc. (TSX VENTURE:ACK.P) (the "Corporation") incurred $159,567 in legal fees. These fees were paid in 2009 to a law firm in which Mr. Sean Zaboroski, a director and corporate secretary of the Corporation, is a partner.
The $159,567 in legal fees was incurred in connection with the Corporation's proposed Qualifying Transaction with Leaders Energy Holding Co., Limited ("Leaders"). Subsequent to the termination of the proposed transaction with Leaders (as disclosed in the Corporation's News Release dated April 3, 2009), the law firm and the ...