Stornoway Portfolio Management, Inc.

Founded in 2004, Stornoway Portfolio Management Inc. ("Stornoway") is an asset management firm located in Toronto, Canada. Stornoway manages the Stornoway Recovery Fund LP and the TSX listed Ravensource Fund (TSX: RAV.UN). Stornoway's senior investment team, comprised of Scott Reid and Daniel Metrikin, are specialists in creating and protecting value in the securities of financially troubled companies. Stornoway conducts extensive fundamental analysis and due diligence prior to and during the time of investment. The Stornoway team will use their unique experience and expertise to play an active role in a corporate restructuring or other value-enhancing initiatives in order to protect the Fund's investments and generate returns. Stornoway is registered as an Investment Fund Manager, Portfolio Manager, and Exempt Market Dealer with the Ontario Securities Commission.