Asheet Ruparell

Asheet Ruparell, B. Comm, LLB



Asheet Ruparell is President and Director of AVR Enterprises Ltd., a private diversified investment and holding corporation with interests in automotive, hospitality, oil and gas and real estate development. Asheet started his career as a lawyer, practicing in corporate commercial, securities and real estate law. His transition into business included several hotel and other real estate acquisitions as well as being a founder and Chairman of the Board of Caravan Oil and Gas Ltd., which grew from a private energy company to a publicly traded oil and gas company, producing over 1900 BOED prior to being acquired by an intermediate publicly traded oil and gas producer in 2000. Asheet's direct involvement in oil and gas continued as a director of C2 Energy Inc. and C3 Resources Ltd., both start up private oil and gas companies sold after a period of growth.

Asheet has developed real estate projects including hotels, auto dealerships and condominiums valued in excess of $300 million, is a strategic advisor for Silver Hotel Group (a private hotel investment company with over 28 hotels) and recently completed a takeover of a publicly traded hotel company. He continues to be an owner and oversees operations of three automobile dealerships in Calgary. Asheet has served as a director of AIC Diversified Canada Split Corp. (1999 — 2009), a publicly traded investment corporation and served on its audit committee. He was also Governor for Strathcona Tweedsmuir School (2007 — 2013), serving on its audit committee and continues on its Campus Rejuvenation Committee. Asheet has a Bachelor of Commerce degree from the University of Calgary and a law degree from the University of Toronto.