Geosam Capital Inc. announces additional investment in Royal Host Inc.

TORONTO, Sept. 19, 2011 /CNW/ - On September 19, 2011, Geosam Capital Inc. ("Geosam") acquired $25,000 principal amount of 6.25% convertible debentures maturing September 30, 2013 (the "Series C Debentures") of Royal Host Inc. ("Royal Host") at a price of $81.75 per debenture, representing 0.03% of the outstanding shares of Royal Host on a converted basis. Immediately after the transaction, Geosam owns 203,500 common shares, $3,548,000 principal amount of 6.00% convertible debentures maturing October 30, 2015, $2,115,000 principal amount of Series C Debentures and $1,549,000 principal amount of 5.90% convertible debentures maturing June 30, 2014. On an as converted basis, such securities represent an aggregate of 9.3% of the common shares.

On an aggregate basis, Geosam, George Armoyan, the President of Geosam, and members of his immediate family with whom he resides, own 466,500 common shares, $4,488,400 principal amount of 6.00% convertible debentures maturing October 30, 2015, $2,115,000 principal amount of Series C Debentures and $1,701,000 principal amount of 5.90% convertible debentures maturing June 30, 2014. On an as converted basis, such securities represent an aggregate of 12.0% of the common shares.

Geosam purchased the debentures through the facilities of the Toronto Stock Exchange for investment purposes. Geosam may, from time to time, acquire additional debentures or other securities of Royal Host, dispose of some or all of the existing or additional debentures or other securities of Royal Host, or continue to hold debentures or other securities of Royal Host in the normal course of Geosam's investment activities.

The issuance of this news release does not constitute an admission by Geosam that it is acting jointly or in concert with Mr. Armoyan and members of his immediate family with whom he resides with respect to securities of Royal Host.

SOURCE Geosam Capital Inc.

For further information:

Michael Rapps
Managing Director
Geosam Capital Inc.
TD Canada Trust Tower
161 Bay Street, Suite 2400
P.O. Box 217, Toronto, ON, M5J 2S1
t: (416) 855-1925
f: (416) 640-1834

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Geosam Capital Inc.

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