Saturday 25 May 2013

Eacom And Kelso Announce Extension Of Offer

 EACOM Timber Corporation (“EACOM”) and Kelso & Company (“Kelso”) jointly announce that ET Acquisition Corporation (the “Offeror”), a corporation indirectly owned by funds managed by Kelso, has extended the expiry time of the offer by the Offeror to acquire all of the common shares of EACOM (the “Common Shares”) for $0.38 in cash per common share (the “Offer”) until 5:00 p.m. (Toronto time) on June 14, 2013 (the “Expiry Time”) to allow required regulatory approvals to be obtained. All other terms and conditions of the Offer described in the Offeror’s Offer and Circular dated April 5, 2013 remain the same.

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