April 29, 2016 / 9:42 AM / a year ago

BRIEF-Active growth capital enters into option and JV on Muscovite and Pepidolite Pegmatite properties

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April 29 (Reuters) - Active Growth Capital Inc :

* Active Growth Capital enters into option and JV on Muscovite and pepidolite pegmatite properties and announces private placement

* Option agreement grants co option to earn undivided 50% interest in muscov project

* 50% interest in muscov project is in consideration for co issuing 1.5 million shares and granting a 2% production royalty interest

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Further company coverage: (Bengaluru Newsroom)

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