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Clairvest Update on Its Investment in Discovery Air Inc.

TORONTO, ON --(Marketwired - March 08, 2017) - In light of recent trading activity in the shares of Discovery Air Inc. (TSX: DA.A), Clairvest Group Inc. (TSX: CVG) announced today that certain investment funds managed by it, together with certain other parties (collectively, the "Purchaser Group"), have made a non-binding proposal to the board of directors of Discovery Air to acquire all of the common shares of Discovery Air not currently controlled by the Purchaser Group (the "Proposed Tra

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