SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE TO (Rule 14d-100) TENDER OFFER STATEMENT UNDER SECTION 14(d)(1) OR 13(e)(1) OF THE SECURITIES EXCHANGE ACT OF 1934 BADGER PAPER MILLS, INC. (Name of Subject Company (Issuer)) BOMARKO, INC. (Offeror) JAMES D. AZZAR EXTRUSIONS DIVISION, INC. (Names of Filing Person (identifying status as Offeror, Issuer or Other Person) Common Stock, Without Nominal or Par Value (Title of Class of Securities) 056543101 (CUSIP Number of Class of Securities) Robert C. Shaver Rhoades McKee 161 Ottawa Avenue NW Suite 600 Waters Building Grand Rapids, Michigan 49503 (616) 233-5143 (Name, Address, and Telephone Number of Person Authorized to Receive Notices and Communications on behalf of the Filing Person) CALCULATION OF FILING FEE TRANSACTION VALUATION* AMOUNT OF FILING FEE: NONE *Set forth the amount on which the filing fee is calculated and state how it was determined. Not required in connection with this filing which contains solely preliminary communications made before the commencement of a tender offer. [ ]Check box if any part of the fee is offset as provided by Rule 0- 11(a)(2) and identify the filing with which the offsetting fee was previously paid. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. Amount Previously Paid: Filing Party: Form or Registration No.: Date Filed: [X] Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer. Check the appropriate boxes below to designate any transactions to which the statement relates: [X] Third-party tender offer subject to Rule 14d-1. [ ] Issuer tender offer subject to Rule 13c-4. [ ] Going-private transaction subject to Rule 13e-3. [ ] Amendment to Schedule 13D under Rule 13d-2. Check the following box if the filing is a final amendment reporting the results of the tender offer: 2 U:\48\48153\148\sec forms\SCHEDULE TO - Word.doc PFD