Dominion Lending Centres Clearlease Reports Active Control (TSXV:ACT), a provider of wireless and fibre network technology to acquire PowerCart mine technology

Dominion Lending Centres Clearlease Reports, Active Control, (TSXV:ACT), wireless technology, fibre network technology, to acquire, PowerCart, mine technology, environmental, energy, industrial services, Dominion Lending Centres Clearlease, Commercial Lending, Commercial Project Funding

Vancouver, B.C., Canada (April 6, 2011) Reports today that Active Control Technology Inc. (TSXV:ACT), a provider of wireless and fibre network technology for mine communications, and the commercial security and access control industries, has signed a deal to acquire PowerCart Inc.

PowerCart makes mobile power units and is a supplier to the company. It has operations in Mississauga, Ont. and Medina, Ohio.

Active Control shares were halted on the TSX Venture Exchange pending the news.

The pricetag of the share swap deal is 50 per cent of the value of current issued and outstanding capital of Active Control. The company is worth about $2.3 million on the TSX Venture Exchange.

When the deal closes, shareholders of PowerCart will own 33 per cent of Active Control.

PowerCart currently has annual revenues of $2.5 million and earnings of $240,000.

In Wednesday trading on the TSXV market, Active Control shares fell half a cent to one cent, a drop of 33 per cent, on a trading volume of 177,000 shares.

DLC Clearlease currently has the following employment opportunities available:

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/ is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

We offer a simple application process available at .

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Contact DLC

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
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