Great Slave Helcopters Ltd. Preliminary List of Creditors as per the Company's Books and Records As at September 4, 2018 (unaudited; CDN$)

Creditor Address 1 Address 2 Address 3 City Province Postal Code Country Amount (CAD$) 10671541 Ontario Inc. c/o TORYS LLP 79 Wellington St. W., 33rd Floor Box 270, TD South Tower Toronto ON M5K 1N2 150,791,218.62 1order Inc. 3744 Boulevard Levesque O Laval QC H7V 1E8 Canada 1,374.72 343862 BC Ltd 609 - 11th Avenue East Prince Rupert BC V8J 2W6 Canada 646.80 3FB Ltd. 2127 Douglasbank Cr SE Calgary AB T2Z 2C3 Canada 5,250.00 506968 NWT Ltd. A/O Masaya Cleaning Services A/O Masaya Cleaning Services P.O. Box 215 Norman Wells NT X0E 0V0 Canada 283.50 933389 N.W.T. Ltd 44 ASPEN VISTA WAY SW CALGARY AB T3H 0Y7 Canada 100,000.00 Acklands Grainger Inc. PO Box 2970 Winnipeg MB R3C 4B5 Canada 1,725.70 ACT Equipment Sales Ltd. 4455 Alaska Street Burnaby BC V5C 5T3 Canada 164.93 Advanced Coatings Technologies 2474 – 91st Avenue SE Calgary AB T2C 4P3 Canada 1,446.55 Aerocorp Avionic Solutions Inc. #1 - 1060 McTavish Road NE Calgary AB T2E 7G6 Canada 271.43 Aerometals 3920 Sandstone Drive El Dorado Hills CA 95762 USA 382.01 Air Canada PO Box 966 Winnipeg MB R3C 2V6 Canada 1,579.75 Air Tindi P.O. Box 1693 Yellowknife NT X1A 2P3 Canada 68,078.11 Airbus Helicopters Canada Limited P.O Box 250 Fort Erie ON L2A 5M9 Canada 110,441.14 AOG Heliservices Inc. 1032 Len Birchall Way Norman Rogers Airport Kingston ON K7M 9A1 Canada 5,194.99 Arctic Alarm Ltd. 4817 - 49 Street Yellowknife NT X1A 3S7 Canada 56.65 Arctic Rim Distributors Ltd. 73 Franklin Road PO BOX 2280 Inuvik NT X0E0T0 Canada 98.64 Ariewest Upholstery Inc. 216c Avro Lane Springbank Airport Calgary AB T3Z 3S5 Canada 519.75 Aurora Decorating Center 8 Ellesmere Drive Yellowknife NT X1A 0E8 Canada 148.84 Auyuittuq c/o Lawson Lundell LLP PO Box 818, Suite 200 4915 - 48th Street Yellowknife NT X1A 2N4 8,936.65 Aviall PO Box 842275 Dallas TX 75284-2275 USA 21,100.92 Aviation Fuel Enterprises Box 239 Baker Lake NU X0C 0A0 Canada 4,657.50 Avmax Avionics Services Inc. 2055 Pegasus Road NE Calgary AB T2E 8C3 Canada 4,292.93 Avtec Aero Maintenance Inc. 12912 rue Brault Mirabel QC J7J 1P3 Canada 3,439.80 BAASS Business Solutions Inc. 1631 Dickson Avenue, Suite 1100 Kelowna BC V1Y 0B5 Canada 500.03 Bassett Petroleum Dist. Ltd. 43013 MacKenzie Hwy. Hay River NT X0E 0R9 Canada 637.96 BC Hydro PO Box 9501 Stn Terminal Vancouver BC V6B 4N1 Canada 487.00 BCMI Lac La Biche 14068 Stanley Dr. PO Box 636 Lac La Biche AB T0A 2C0 Canada 237.62 BELL P.O. Box 3250 Station Don Mills North York ON M3C 4C9 Canada 105.79 Bell Canada P.O. Box 1550 Stn Don Mills North York ON M3C 3N5 Canada 28.08 Bell Helicopter Textron Inc. 23413 Network Place Chicago IL 60673-1234 USA 1,380.16 Bow West Management Corp. B-5, 345 Noorduyne Park Springbank Airport Calgary AB T3Z 3B9 Canada 6,026.12 Bristow Instruments (1977) Ltd 180 Portage Close Sherwood Park AB T8H 2R6 Canada 138.60 Bruel & Kjaer North America Inc. P.O. Box 8414 Station A Toronto ON M5W 3P1 Canada 296.10 Budget Car Inc #B9285 Lockbox #T57789C PO Box 57789 Postal Stn. A Toronto ON M5W 5M5 Canada 1,855.64 Buffalo Air Express 11310 153 Street Edmonton AB T5M 1X6 Canada 1,253.72 Canada Revenue Agency 1050 Notre Dame Avenue Sudbury ON P3A 5C1 Canada 1.00 Canadian Heli Support Inc. 53 Royal Birch Mount NW Calgary AB T3G 5W7 Canada 275.00 Canadian Imperial Bank of Commerce c/o DAVIES WARD PHILLIPS & VINEBERG LLP 155 Wellington Street West Toronto ON M5V 3J7 Canada 15,195,724.03 CanWest Air Box 2290 La Crete AB T0H 2H0 Canada 1,447.55 Carey & Allende Abogados Miraflores 178 Santiago - Chile 3,359.21 Cariboo Regional District Suite D - 180 North 3rd Ave Williams Lake BC V2G 2A4 Canada 99.75 Catherine Marcinek Cheslatta Carrier Nation 20797 Ootsa Nadina Road Burns Lake BC V0J 1E4 Canada 85,983.34 Central Mountain Air Ltd. PO Box 998 Smithers BC V0J 2N0 Canada 104.47 Chief and Counsel of the Chipewyan Prairie Chipewyan First Nation General Delivery Chard AB T0P 1G0 Canada 18,725.11 Chubb Edwards P.O. Box 57005 Station A Toronto ON M5W 5M5 Canada 686.44 Cintas PO Box 1060 Aldergrove BC V4W 2V1 Canada 136.71 City Cab (1993) Ltd. Box 686 Yellowknife NT X1A 2N5 Canada 15.00 City of Dryden 30 Van Horne Avenue Dryden ON P8N 2A7 Canada 267.02 Clairvest Group Inc. c/o TORYS LLP 79 Wellington St. W., 33rd Floor Box 270, TD South Tower Toronto ON M5K 1N2 Canada 71,295,195.00 Coast Tsimshian Enterprises Ltd PO Box 663 Prince Rupert BC V8J 3S1 Canada 31,589.95 Complete Upkeep 372 Kalum Lake Road Terrace BC V8G 0B9 Canada 150.00 Consolidated Turbine Specialists, LLC P.O Box 596 Bristow OK 74010 USA 249,709.51 Corbett Office Equipment Ltd. 3306 30th Avenue Kelowna BC V1T 2C8 Canada 211.63 Corothers Home Building Centre 332 Old Airport Road Yellowknife NT X1A 3T3 Canada 709.90 Great Slave Helcopters Ltd. Preliminary List of Creditors as per the Company's Books and Records As at September 4, 2018 (unaudited; CDN$)

Creditor Address 1 Address 2 Address 3 City Province Postal Code Country Amount (CAD$) Culligan 265 Industrial Road Cambridge ON N3H 4R9 Canada 49.43 Deh Cho Helicopters Regional LP Box 375 Fort Simpson NT X0E 0N0 Canada 44,894.15 Denendeh Helicopters Ltd. #22 Yellowknife Airport Yellowknife NT X1A 3T2 Canada 740,792.15 Desjardins Card Services FCDQ Account #4530941279959007 PO BOX 8601 Stn Centre-Ville Montreal QC H3C 3V2 Canada 1,060.19 Digi-Key Electronics 3074453 P.O Box 250 Thief River Falls MN 56701-0250 USA 219.61 Discovery Mining Services Ltd. PO Box 2248 Yellowknife NT X1A 2P7 Canada 262.50 Down Wash Holdings Ltd. Box 368 172 Enterprise Drive Yellowknife NT X1A 2N3 Canada 3,051.55 Driving Force 11025 184th Street Edmonton AB T5S 0A6 Canada 1,104.08 E. Gruben Transport Ltd. Box 177 Tuktoyaktuk NT X0E 1C0 Canada 8,790.69 Eagle Copters Ltd. 823 McTavish Road N.E. Calgary AB T2E 7G9 Canada 47,486.69 Eagle Vision Bag 2200 Norman Wells NT X0E 0V0 Canada 752.33 ECN Aviation Inc. c/o GOWLING WLG (CANADA) LLP 1 First Canadian Place, 100 King Street West, Suite 1600 Toronto ON M5X 1G5 Canada 7,788,893.00 Edmo Distributors Inc. 12830 East Mirabeau Parkway Spokane Valley WA 99216 USA 6,482.42 Emergco 322 Harbour Ave North Vancouver BC V7J 2E9 Canada 9,340.01 Employees 1.00 ENMAX PO BOX 2900 STN M Calgary AB T2P 3C3 Canada 4,049.32 Enterprise Rent-A-Car 709 Milner Ave. Scarborough ON M1B 6B6 Canada 6,777.58 Executive Flight Centre Fuel Services Ltd. #200, 680 Palmer Road N.E. Calgary AB T2E 7R3 Canada 3,518.67 Exp-Air Cargo Suite 203 201 Boul Ducharme Ste-Therese QC J7E 2G1 Canada 593.23 Fastenal Canada Ltd. 900 Wabanaki Drive Kitchener ON N2C 0B7 Canada 209.61 Federal Express PO Box 4626 Toronto Stn A Toronto ON M5W 5B4 Canada 8,422.34 FIN WALL Site Services P.O. Box 49008 Ogdon Calgary AB T2C 3W5 Canada 613.70 Flight Fuels Limited Partnership 3515 76 Avenue Edmonton AB T6B 2S8 Canada 58,087.64 FlightSafety International P.O. Box 75691 Charlotte NC 28275 USA 32.96 Fort Simpson Bulk Fuel Services Box 347 Fort Simpson NT X0E 0N0 Canada 742.69 FSMC - Fort Smith Metis Council PO Box 1108 Fort Smith NT X0E 0P0 Canada 40,613.67 GoPro Pest Control PO Box 41056 Lake Country BC V4V 1Z7 Canada 78.75 Government of the Northwest Territories Financial and Employee Shared Services Bag Service 1511, 3rd Floor Yellowknife NT X1A 2R3 Canada 13,557.03 Government of the Northwest Territories (GNWT) Petroleum Products Division PO Box 710 Fort Simpson NT X0E 0N0 Canada 551.01 Grasshoppers Lawn & Yard Care 135-1651 Lynrick Rd Kelowna BC V1P 1R4 Canada 210.00 Gregg Distributors Co. Ltd. 16215 118 Avenue Edmonton AB T5V 1C7 Canada 221.43 Guardian Protective 4520 Manilla Road SE Calgary AB T2G 4B7 Canada 4,767.00 Gwich'in Helicopters Ltd Bag 7500 106 Dickens Street Yellowknife NT X1A 2RE Canada 700.00 Havgun E. Gruben, Box 177 Tuktoyaktuk NT X0E 1C0 7,385.58 Havgun c/o Northwind Industries 146 Navy Road Box 1130 Inuvik NWT X0E 0T0 0.00 HELISAFE SAC c/o Estudio Alvarez Calderon Abogados Av. Santa Cruz 937 Miraflores Lima 18 Peru 1.00 Hope Aero Propeller & Components Inc. 7605 Bath Road Mississauga ON L4T3T1 Canada 252.00 Igloo Building Supplies Group 328 Old Airport Road Yellowknife NT X1A 3T3 Canada 236.70 J&K Connectors 6409 S. 194th Street Kent WA 98032 USA 470.82 Jacques Fournier 1154 Country Hills Circle NW Calgary AB T3K 4W9 Canada 190.00 Jet-Care International 3 Saddle Road Cedar Knolls NJ 07927 USA 375.69 John and Sarranda Kivi Box 271 17 Caribou Crescent Norman Wells NT X0E 0V0 Canada 160.00 K'AHSHO GOT'INE HELICOPTERS General Delivery Fort God Hope NT X0E 0H0 Canada 29,302.30 Kavanaugh Bros. Ltd. Box 1108 - 343 Old Airport Rd. Yellowknife NT X1A 2N8 Canada 1,032.37 Kevin L. Zemp Professional Corporation 510-1110 Centre Street NE Calgary AB T2H 2R2 Canada 1,745.52 Kitikmeot PO Box 818 4908 - 49th Street Yellowknife NT X9A 2N6 Canada 1,834.34 Kivallingmiut Box 643 Rankin Inlet NU X0C 0G0 Canada 3,426.46 KLX Aerospace 88289 Expedite Way Chicago IL 60695-0001 USA 150.43 KPMG Llp 10125 102nd Street Commerce Place Edmonton AB T5J 3V8 Canada 1,370.25 Lawson Lundell P.O. Box 818 Yellowknife NT X1A 2N6 Canada 6,885.47 Lawson Lundell LLP 1600 Cathedral Place 925 West Georgia Street Vancouver BC V6C 3L2 Canada 633.93 LIVINGSTON 6700 Cote de Liesse Bureau 300 St Laurent QC H4T 2B5 Canada 35.44 Manitoulin Transport Box 390 Gore Bay ON P0P 1H0 Canada 3,098.60 Marc Bilodeau 3 Sunset View Cochrane AB T4C 0G2 Canada 295.00 Marsh Canada Ltd. PO Box 9741, Station A Toronto ON M5W 1R6 Canada 523,807.57 Matonabee Petroleum Ltd. Box 2697 Yellowknife NT X1A 2R1 Canada 1,343.53 Matrix Group Publishing Inc. 309 Youville Street Winnipeg MB R2H 2S9 Canada 1,522.50 Great Slave Helcopters Ltd. Preliminary List of Creditors as per the Company's Books and Records As at September 4, 2018 (unaudited; CDN$)

Creditor Address 1 Address 2 Address 3 City Province Postal Code Country Amount (CAD$) Metro Tech Systems LTD. Bay 112, 5621 – 11th Street N.E. Calgary AB T2E 6Z7 Canada 290.85 Minaki Aircraft Repair Service Ltd. PO Box 70 Minaki ON P0X 1J0 Canada 500.00 Ministry of Finance 33 King Street Oshawa ON L1H 1A1 Canada 1.00 Moose Horn Lodge 4 Sheppard & Morse Road P.O. Box 284 Chapleau ON P0M 1K0 Canada 5,480.49 Napa Auto Parts 114 314 Old Airport Road Yellowknife NT X1A 3T3 Canada 84.63 Newark Premier Farnell Canada Ltd T27537 PO Box 4275 Postal Station "A" Toronto ON M5W 5V8 Canada 340.68 Nike Falade 683 Arbour Lake Drive NW Calgary AB T3G 4T6 Canada 2,300.00 NIS Northern Industrial Sales Ltd. 22555 Trans Canada Highway Senneville QC H9X 3L7 Canada 1,179.09 North Arrow Minerals Inc. Suite 960 789 W. Pender Street Vancouver BC V6C 1H2 Canada 2,520.00 North Wright Airways Ltd. Bag Service 2200 Norman Wells NT X0E 0V0 Canada 1,502.66 Northbest Distributors Ltd. 347 Old Airport Road Yellowknife NT X1A 3T4 Canada 210.00 Northern Rockies Regional Municipality Bag Service 399 Fort Nelson BC V0C 1R0 Canada 273.00 Northland Utilities (YK) Ltd 481 Range Lake Road Yellowknife NT X1A 3R9 Canada 329.14 NorthWest Data Solutions 2425 Leary Bay Circle Anchorage AK 99515 USA 1,845.48 Northwest Regional Airport Terrace- Kitimat 103 4401 Bristol Road Terrace BC V8G 0E9 Canada 1,304.25 Northwest Territories Power Corporation Box 2250 Yellowknife NT X1A 2P7 Canada 1,811.89 Northwestel Inc Bag 2710 Whitehorse YT Y1A 4Z8 Canada 838.34 Northwind Industries Ltd. Box 1130 Inuvik NT X0E 0T0 Canada 594.50 Northwind Industries Ltd. 146 Navy Road, Box 1130 Inuvik NT X0E 0T0 Canada 8,790.69 Northwind Petroleum Ltd 17 Distributor Street PO Box 1130 Inuvik NT X0E 0T0 Canada 1,083.82 Octane Logistics & Services PO Box 2766 Inuvik NT X0E 0T0 Canada 22,155.00 Okanagan Paper Shredding PO Box 25150 Mission Park PO Kelowna BC V1W 3Y7 Canada 31.50 Okanagan Water Service 1950 Windsor Road Kelowna BC V1Y 4R5 Canada 88.00 Onboard Systems 13915 NW 3rd Court Vancouver WA 98685 USA 23.50 Ookpik Aviation Box 239 Baker Lake NU X0C 0A0 Canada 7,822.43 Ozark Aeroworks, LLC 452 S Union Ave STE B Springfield MO 65802 USA 147.24 Pacific Oil Cooler Service, Inc. 1677 Curtiss Court La Verne CA 91750-4858 USA 4,466.39 Paul Rivard 261 MacKenzie Drive PO Box 315 Norman Wells NT X0E OV0 Canada 330.00 Precision Fuel Components LLC Accounts Receivable 3220 100th Street SW # E Everett WA 98204 USA 13,055.45 Precision Heliparts Canada PO Box 99264, STN Terminal Vancouver BC V6B 0N5 Canada 45,214.43 Prince George Airport Authority Inc. 4141 Airport Road - 10 Prince George BC V2N 4M6 Canada 31.78 Quality Aviation Instruments Inc. 903 McKee Road White Oak PA 15131 USA 8,139.89 Red Deer Regional Airport 3801 Airport Drive Springbrook AB T4S 2E8 Canada 39.80 Rodrigo Elias Medrano Abogados S. Av. San Felipe 758 Lima 11 - - Peru 18.56 Roger Israel PO Box 2929 Inuvik NT X0E 0T0 Canada 155.00 Rotorlinx Holdings Ltd. Box 368 172 Enterprise Drive Yellowknife NT X1A 2N3 Canada 3,051.55 Roynat Inc. c/o MILLER THOMSON LLP One London Place 255 Queens Avenue, Suite 2010 London ON N6A 5R8 Canada 4,309,383.00 Sachs Harbour Development Corporation PO Box 59 55 Panikpuk St. Sachs Harbour NT X0E 0Z0 Canada 2,234.40 Safran Helicopters Engines Canada Inc. # 11 - 800 Helen-Bristol Mirabel QC J7N 3G8 Canada 732,753.03 Sahtu Dene Inn Box 508 Norman Wells NT X0E 0V0 Canada 3,339.00 Sahtu Helicopters Bag 7500, 106 Dickens Street Yellowknife NT X1A 2R3 Canada 118,125.00 Sandman Hotels, Inns & Suites, Ltd. Head Office 310-1755 West Broadway Vancouver BC V6J 4S5 Canada 2,229.20 Select Helicopter Services Ltd. 105-151 Commercial Drive Kelowna BC V1X 7W2 Canada 1,371.48 Shaw Cable P.O. Box 2468 Station Main Calgary AB T2P 4Y2 Canada 352.80 Shaw Direct Account #:200-2183-0305 P.O. Box 2530 STN M Calgary AB T2P 0C2 Canada 83.98 Shell Canada Products Box 8, Postal Station M Calgary AB T2P 2G9 Canada 4,832.02 Shippers Supply Inc. 5219 -47 ST.NW Edmonton AB T6B 3N4 Canada 422.10 Sky North Aviation Fuels Box 532 35 Astar Road Fort Nelson BC V0C 1R0 Canada 1,396.56 Skyline Helicopter Technologies 195 Magill Street Lively ON P3Y 1K6 Canada 625.28 Smithers Airport Suite 1 - 6421 Airport Road Smithers BC V0J 2N0 Canada 178.95 Start To Finish Logistics Inc. PO Box 215 Eastern Passage NS B3G 1M6 Canada 336.00 Super Save Disposal (Alberta) Ltd. 19395 Langley Bypass Surrey BC V3S 6K1 Canada 186.05 Techi?Q Ltd. Box 156 Deline NT X0E 1G0 Canada 1,433.75 Tech-Tool Plastics Inc. 7800 Skyline Park Drive Fort Worth TX 76108 USA 1,568.66 TEMPEST AVIATION GROUP, INC 160 -1445 STEVENS RD WEST KELOWNA BC V1Z 3Y2 Canada 1,781.35 The District Municipality of Muskoka 70 Pine Street Bracebridge ON P1L 1N3 Canada 54.24 The Highliner Plaza Hotel & Conference Centre 815 1st Ave West Prince Rupert BC V8J 1B3 Canada 88.55 Great Slave Helcopters Ltd. Preliminary List of Creditors as per the Company's Books and Records As at September 4, 2018 (unaudited; CDN$)

Creditor Address 1 Address 2 Address 3 City Province Postal Code Country Amount (CAD$) The North West Co. Inc. Financial Services 77 Main St. Winnipeg MB R3C 2R1 Canada 210.41 TLI CHO Investment Corporation PO Box 1567 100 Borden Drive, Bay 25 Yellowknife NT X1A 2P2 Canada 2,911.50 Tootoo Consulting Corporation PO Box 1589 Iqaluit NU X0A 0H0 Canada 9,833.63 Town of Norman Wells Box 5, # 3 MacKenzie Drive Norman Wells NT X0E 0V0 Canada 158.71 Town of Peace River Box 6600 Peace River AB T8S 1S4 Canada 85.05 Trevor Wever c/o Air Tindi 126 Bristol Avenue Yellowknife NT X1A 3T2 Canada 698.00 Tseax Development Group Ltd. 4915 Straume Avenue Terrace BC V8G 2C9 Canada 2,863.00 Tundra Transfer Ltd. o/a Clear Arctic Springs Box 1718 Yellowknife NT X1A 2P3 Canada 64.09 U.S. Bank National Association (U.S. Bank Canada) 120 Adelaide Street West Suite 2300 Toronto ON M5H 1J1 Canada 378,366.26 UK Products Canada Inc. 16652 - 17 Avenue Edmonton AB T5M 3W2 Canada 837.83 Uline Canada Corporation Box 3500 RPO Streetsville Mississauga ON L2M 0S8 Canada 884.74 Vanguard Cleaning Systems of Alberta #10 -2150- 29 Street NE Calgary AB T1Y 7G4 Canada 1,134.00 W. Burrill & Sons Ltd. Box 498 Fort Simpson NT X0E 0N0 Canada 3,139.50 WA-2 Water Company Ltd. PO Box 2308 Station Main Vancouver BC V6B 3W5 Canada 204.99 WB Water Services Box 2670 Yellowknife NT X1A 2P9 Canada 646.35 World Fuel Services Canada 9800 N.W. 41st Street Suite 400 Miami FL 33178 USA 12,413.10 WSIB 200 Front Street West Toronto ON M5V 3J1 Canada 1.00 Yukon Workers' Compensation Health and Safety Board 401 Strickland Street Whitehorse YT Y1A 5N8 Canada 1,828.12

Notes: 1. An amount of $1.00 reflects that the balance due, if any, is undetermined or unknown. 2. All US$ amounts were converted using the FX rate of $1.3182.