Unity Capital Ltd. will not be increasing or amending its offer for all outstanding class A common shares of Harrowston Inc.

“We have carefully evaluated the continued opportunity to acquire Harrowston in light of the offer made by TD Capital’s Canadian Private Equity Partner’s (CPEP) Fund for Harrowston,” says Jeffrey Rosenthal, president and CEO of Unity Capital.

“While we had hoped to be the successful bidder, we believe that TD CPEP has made a very attractive offer that is in the best interests of all shareholders,” says Jack Lawrence, Chairman of Unity Capital.

Unity Capital is the largest shareholder of Harrowston with 2,824,700 shares, representing 10.8 % of the issued and outstanding shares of the Company.