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

TORONTO, Nov. 21, 2011 /CNW/ - On November 21, 2011, Geosam Capital Inc. ("Geosam") acquired 800 common shares of Royal Host Inc. ("Royal Host") at a price of $1.28 per common share, representing less than 0.01% of the outstanding common shares of Royal Host. Immediately after the transaction, Geosam owns 288,700 common shares, $4,624,000 principal amount of 6.00% convertible debentures maturing October 31, 2015 ("Series B Debentures"), convertible into 971,429 common shares, $2,422,000 principal amount of 6.25% convertible debentures maturing September 30, 2013 ("Series C Debentures"), convertible into 497,331 common shares and $1,592,000 principal amount of 5.90% convertible debentures maturing June 30, 2014 ("Series D Debentures"), convertible into 257,189 common shares. On an as converted basis, such securities represent 11.5% of the common shares.

On an aggregate basis, Geosam, George Armoyan, the President of Geosam, and members of his family with whom he resides, own, directly or indirectly, 1,112,400 common shares, $5,564,400 principal amount of Series B Debentures, convertible into 1,168,992 common shares, $2,422,000 principal amount of Series C Debentures, convertible into 497,331 common shares and $1,744,000 principal amount of Series D Debentures, convertible into 281,745 common shares. On an as converted basis, such securities represent an aggregate of 17.4% of the common shares.

Geosam purchased the common shares through the facilities of the Toronto Stock Exchange for investment purposes. Geosam may acquire additional securities of Royal Host, dispose of some or all of the existing or additional securities of Royal Host, or continue to hold 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 any of the parties referred to herein that they are acting jointly or in concert with respect to securities of Royal Host.

SOURCE Geosam Capital Inc.

For further information:

Michael Rapps
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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