AvenEx Energy Corp AVNDF

RE: My opinion

[Kingscourt]

If a new deal were to present itself, it would again have to be voted on. Maybe next time they will go about it in a more respectful manor, keeping shareholder intrests as high or higher than their own. That is if they are even in management positions next time. I understand you are a Pace shareholder and you also have great confidence in Buchanan's leadership. Although I respect your opinion, and admire your enthusiasm, the market has disagreed. Especially with regards to AvenEx's share price. AvenEx may not be the largest producer, or have the largest market cap, but currently it does have the most attractive balance sheet. For me, it matters less the size of the company, and more the financial soundness. Obviously there will be nervousness and uncertainty in all three companies moving forward, but when the going gets tough, the tough get going, and if our management isnt up for it, we need to get one that is.