Eacom Timber Corp
			Symbol			ETR.H
			Shares Issued			36,545,343
			Close 2009-11-03			C$ 0.60
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Eacom to conduct due diligence on solid wood assets

2009-11-04 20:29 ET - News Release

Mr. Michael Liggett reports

EACOM TIMBER CORPORATION ANNOUNCES BUSINESS DEVELOPMENT UPDATE

Eacom Timber Corp. has entered into an exclusivity agreement to conduct due diligence on solid wood assets that the company is interested in acquiring. The company has paid $100,000 upon signing the exclusivity agreement and the company has until Dec. 31, 2009, to complete due diligence and negotiate definitive agreements, with a closing targeted for March 31, 2010.

Rick Doman, president and chief executive officer of Eacom Timber, said: "This is an exciting opportunity for the company to gain access to solid wood assets and to build our business. It is too early to say whether the acquisition will be completed but we will be working hard with our advisers to come to a conclusion as quickly as we can."

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