Reference is made to the offer dated April 5, 2013 (the “Offer”) by ET Acquisition Corporation (the “Offeror”), a new corporation indirectly owned or controlled by funds managed by Kelso & Company (“Kelso”), as amended and supplemented by the notice of extension dated May 10, 2013, to purchase all of the issued and outstanding common shares (“Common Shares”) in the capital of EACOM Timber Corporation (“EACOM”) at a price of $0.38 per Common Share.
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