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Active Control closes acquisition of PowerCart Systems

TORONTO – Mining services company Active Control Technology Inc. (TSXV:ACT) says it has completed its acquisition of mobile cart company PowerCart Systems Inc.

Financial terms of the deal were not disclosed.

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PowerCart, a private company, currently has annual earnings of $240,000.

Two nominees from the company have been appointed directors of Active.

Active Control makes and markets wireless and fiber networks for mine communications, and commercial security.

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