Eacom Timber Corporation (TSX-V: ETR) has made it twice in TSX Venture Exchange Top Volume Trader this week. Yesterday, Friday, Eacom Timber closed on volume 3,487,718 shares. Eacon Timber has completed acquisition last month, of the remaining one-third of the Elk Lake sawmill from Liskeard Lumber Limited for a consideration of $15 million. EACOM currently owns two-thirds of the the Elk Lake sawmill which is located in Ontario.
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 idle mill in Big River Saskatchewan. EACOM also owns a remanufacturing facility and a 50% interest in an “I” joist plant.
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