George Armoyan

Royal Host Real Estate Investment Trust is engaged in hotel ownership, investment, management and franchising. Its hotel brands include Travelodge, Thriftlodge, Country Inns & Suites, Hilton, Independent, Super 8, Holiday Inn, Best Western and Ramada. It was founded on August 27, 1997 and is headquartered in Calgary, Canada.

Shermag, Inc. engages in the design, manufacture, and importation of home furniture products. It offers gliders, ottomans, coffee table, baby furniture, dining room furniture, and bedroom furniture. The company was founded on January 28, 1977 and is headquartered in Sherbrooke, Canada.

Hip Interactive Corp. provides and distributes electronic entertainment products, including PC and video games, movies, video arcade games, and proprietary games, branded as Hip Game, and accessories, branded as Hip Gear. The company was founded on December 12, 1995 and is headquartered in Mississauga, Canada.

Vaquero Energy Ltd. is a Canadian company engaged in exploration, development and production of oil and natural gas headquarters in Calgary, Alberta. Vaquero's common shares are listed on The Toronto Stock Exchange under the trading symbol 'VAQ'

General Donlee Income Fund holds, directly or indirectly the shares of General Donlee Limited, a leading diversified manufacturer of precision-machined products for the military, commercial and general aerospace industries and also is a specialist in the manufacture of precision-machined products for the industrial products and power generation industries. The Fund is a trust established under the laws of the Province of Ontario by Declaration of Trust made as of March 14, 2002. General Donlee's reputation as a reliable supplier of consistently high-quality products has enabled it to develop strong, long-term relationships with customers. The Fund does not carry on any active business but holds the securities of the Company.

Armco Capital, Inc. provides residential real estate services. It provides commercial, industrial development and property management services. The company was founded in 1982 and is headquartered in Halifax, Canada.

Exceed Energy, Inc. explores and develops crude oil and natural gas. Exceed Energy is a Calgary based emerging oil and gas company engaged in the exploration, development and exploitation of oil and gas reserves in Western Canada. The company was founded on March 27, 2003 and is headquartered in Calgary, Canada

TerraVest Income Fund is a closed-end investment trust with a portfolio of diversified businesses. The company's objective is to provide stable and increasing cash returns to its unit holders. It holds interest in the following portfolio businesses: RJV Gas Field Services and Diamond Energy Services. The RJV Gas Field Services portfolio provides wellhead processing equipment for the natural gas industry in Western Canada. The Diamond Energy Services portfolio provides well servicing to the oil and natural gas sector in South Western Saskatchewan. The company was founded on May 3, 2004 and is headquartered in Vegreville, Canada.

Art In Motion supplies fine art prints. The company is headquartered in Coquitlam, Canada.

Bonavista Energy Corp. engages in the exploration, development, and production of oil and gas properties. It produces natural gas, light, medium, and heavy oil, and natural gas liquids in the core areas of West Central and Deep Basin. The company was founded in 1997 and is headquartered in Calgary, Canada.

Cordy Oilfield Services, Inc. engages in the provision of environmental and construction solutions. It operates through the Environmental Services and Heavy Construction segments. The Environmental Services segment offers clean-up, hazardous goods transportation, and containment services to the oil and natural gas, industrial, and commercial customers in Alberta. The Heavy Construction segment delivers pipeline integrity management, clean-up service, low-pressure gas tie-ins, insulated pipeline installation, cement-lined pipeline installation, fiberglass pipeline installation, and water injection lines. The company was founded on April 30, 1998 and is headquartered in Calgary, Canada.

Cinram International Income Fund provides pre-recorded multimedia products and related logistics services. Its wholly owned subsidiary Cinram International Inc. manufactures and distributes pre-recorded DVDs, audio CDs, and CD-ROMs for motion picture studios, music labels, publishers and computer software companies. The company was founded on March 21, 2006 and is headquartered in Toronto, Canada.

Holloway Lodging Corp. is real estate company which engages in the acquisition and operation of service hotels and lodging properties. The firm also offers hotel management services to third parties. The company was founded on November 17, 2005 and is headquartered in Halifax, Canada.

TerraVest Industries, Inc. manufactures and distributes natural gas transportation and processing equipment. The company is headquartered in Calgary, Canada.

Geosam Capital, Inc. engages in the provision of investment services. It specializes in small and mid-capitalization companies with a focus on real estate and industrial investments. The company is headquartered in Halifax, Canada.

Royal Host Inc. owned and operated hotels and resorts. The company was founded on August 27, 1997 and headquartered in Halifax, Canada.

Triumph Gear Systems – Toronto ULC manufactures precision-machined products for the military and commercial sectors of the aerospace industry. Its capabilities include deep hole boring, CNC mill turning, 5 axis milling, CNC grinding, honing, shaping and honing, non-destructive testing, quality assurance and inspection, and assembly. The company was founded on January 1, 2011 and is headquartered in Toronto, Canada.

General Donlee Ltd. was a manufacturer of precision-machined products for the military, commercial, and general aerospace industries. The company was headquartered in Toronto, Canada.

Clearwater Seafoods, Inc. engages in the provision of vertically-integrated seafood business. It offers scallops, lobster, clam, shrimp, snow crab, masago, Norway lobster and rock crab. The company was founded by John C. Risley and Colin E. MacDonald in 1976 and is headquartered in Bedford, Canada.

G2S2 Capital, Inc. (G2S2) is an independent Canadian investment firm headquartered in Halifax, Nova Scotia. G2S2 was founded in 2014 and provides investment management services to individuals and institutional clients.

BEIT Inc engages in designing and implementation of an algorithm for solving all relevant NP-complete class of problems using Quantum Computers effectively. The company was founded by Paulina Mazurek, Wojciech Burkot, George S. Armoyan, Charles Maximillian Songhurst and Witold Jarnicki in 2017 and is headquartered in Kraków, Poland.