Eacom Timber Corporation (TSXV:ETR)
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MONTREAL AND VANCOUVER, April 26 /CNW/ --
MONTREAL AND VANCOUVER, April 26 /CNW Telbec/ - Montréal, Québec and
Vancouver, British Columbia - EACOM Timber Corporation (ETR: TSX-V)
("EACOM", or the "Company") announced today the Mr. Jean-François
Mérette, President and COO, Eastern Canada has advised that he will be
leaving the Company on June 18, 2011 to pursue other opportunities. Mr.
Mérette joined the Company on the acquisition of the Domtar forest
products business in June of 2010. Mr. Mérette has agreed to continue
on a consulting basis after June 18, 2011 to provide for an orderly
transition
"We would like to thank Jean-François for his service and wish him the
best on his future endeavours. He was instrumental in the transition
and operation of the business in the last year", said Mr. Rick Doman,
President and CEO of EACOM.
About EACOM
EACOM Timber Corporation is a TSX-V listed company. EACOM owns seven
sawmills and an equity interest in an eighth sawmill, all located in
Eastern Canada, and related tenures. The mills are Timmins, Nairn
Centre, Gogama and Ear Falls in Ontario, and Val-d'Or, Ste-Marie and
Matagami in Quebec. The equity interest is in the Elk Lake sawmill
located in Ontario. The sawmills in Ear Falls, Ontario, and Ste-Marie,
Quebec, are currently idled. EACOM also owns one idled mill in Big
River, Saskatchewan, a remanufacturing facility and a 50% interest in
an "I" joist plant.
The TSX Venture Exchange has neither approved nor disapproved the
content of this press release. All director and officer appointments
are subject to TSX Venture Exchange approval.
Forward-Looking Statements
All statements in this news release that are not based on historical
facts are "forward-looking statements." While management has based any
forward-looking statements contained herein on its current
expectations, the information on which such expectations were based may
change. These forward-looking statements rely on a number of
assumptions concerning future events and are subject to a number of
risks, uncertainties, and other factors, many of which are outside of
our control that could cause actual results to materially differ from
such statements. Such risks, uncertainties, and other factors include,
but are not necessarily limited to, those set forth under the captions
"Risk Factors" of the Filing Statement dated January 8, 2010 and the
current MD&A for EACOM Timber Corporation on file with the Canadian
Securities Commissions.
To view this news release in HTML formatting, please use the following URL: http://www.cnw.ca/en/releases/archive/April2011/26/c6981.html
p align="justify" bInvestors:/bbr/ Marc Girardbr/ Executive Vice-President and Chief Financial Officerbr/ (514) 848-5133 /p p align="justify" bMedia Relations:/bbr/ Frédéric Bérardbr/ HKDPbr/ (514) 917-1040 /p