EXHIBIT 17.1
DAMON INC.
LIST OF SUBSIDIARIES
| Name of Subsidiary | State of Jurisdiction of Incorporation |
Percentage of Ownership | ||
| Grafiti Limited | United Kingdom | 100% | ||
| Damon Motors Inc. | British Columbia, Canada | 100% | ||
| Damon Motors Corporation (1) | Delaware, USA | 100% |
Notes:
| (1) | Damon Motors Corporation is a wholly owned subsidiary of Damon Motors Inc. |