TORONTO, ON--(Marketwired - December 22, 2016) - Clairvest Group Inc. (TSX: CVG) ("Clairvest") announced today that it, together with private equity funds it manages, acquired 4,179,122 common shares ("Common Shares") of Discovery Air Inc. (TSX: DA.A) ("Discovery"), representing approximately 5.1% of Discovery's current issued and outstanding Common Shares, at a price of $0.20 per share.