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Kevin O’Leary was on a boat involved in a fatal crash on Lake Joseph in Ontario Saturday night, according to a statement sent to Global News by his publicist.

“On late Saturday night, I was a passenger in a boat that was involved in a tragic collision with another watercraft that had no navigation lights on and then fled the scene,” the Canadian businessman and reality TV star said.

“I am fully cooperating with law enforcement in their investigation.”

According to West Parry Sound OPP, a 64-year-old Florida man and a 48-year-old Uxbridge woman are dead after two boats collided on Lake Joseph near Emerald Island in Seguin, Ont., at about 11:30 p.m. Saturday.

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Susanne Brito, the 48-year-old woman, died as a result of her injuries at the hospital on Tuesday, police say.

WATCH: Kevin O’leary boating accident: What we know so far

2:05 Kevin O’Leary boating accident: What we know so far Kevin O’Leary boating accident: What we know so far

Ornge air ambulance confirmed to Global News that a woman was transported from Lake Joseph to Health Sciences North in Sudbury on Saturday.

According to officers, three other occupants in the involved boats suffered injuries but were treated and released from the hospital.

The 64-year-old Florida man who died has been identified as Gary Poltash, officers add.

“Right now, on the scene, we’re looking at the boats and a full investigation into reconstructing the collision,” Joe Scali, the West Parry Sound OPP’s media officer, said. “We’re also determining all parties involved and, of course, making sure all injuries are addressed as well.”

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Scali told Global News in an email that police can’t confirm whether O’Leary was involved in the crash.

“No charges have been laid in the case at this time,” he said. “As such we are unable to comment on or identify either of the vessels’ operators and/or owners.”

Sources close to the O’Leary family, however, told Global News that O’Leary owned the boat that collided with the other pontoon-style watercraft.

Scali said that both the boats left the scene and contacted emergency services.

WATCH: OPP provide details of crash involving Kevin O’Leary’s boat, won’t confirm businessman’s identity

2:35 OPP provide details of crash involving Kevin O’Leary’s boat, won’t confirm businessman’s identity OPP provide details of crash involving Kevin O’Leary’s boat, won’t confirm businessman’s identity

“Both vessels had left the scene and when they reached the location, both vessels were in touch with ambulance for emergency services,” he said

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Afterward, Scali said, both boats were transported to the West Parry Sound OPP detachment for inspection.

“At this time in the investigation, the OPP is unable to comment on which vessel hit what vessel and that will be determined at the end of the investigation,” Scali added.

An image of a boat that Kevin O’Leary shared on his Instagram account last year. Instagram/kevinolearytv

O’Leary said he won’t be commenting further at this time.

“Out of respect for the victims families and to fully support the ongoing investigation I feel it is inappropriate to make further comments at this time,” the Shark Tank star said in the statement.

“My heartfelt prayers and condolences to the victims, the families and those affected by this loss.”

3:33 Kevin O’Leary involved in deadly Ontario boat crash Kevin O’Leary involved in deadly Ontario boat crash

Police say their investigation is ongoing.

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–– With files from Jamie Mauracher and Jordyn Read