TORONTO, Jan. 3, 2012 /CNW/ - Aston Hill Financial Inc. ("Aston Hill" or the "Company") (TSX: AHF) today announces that it successfully completed the
amalgamation of six of its wholly owned subsidiaries effective December
30, 2011 (Aston Hill Asset Management Inc., Aston Hill Investments
Inc., Aston Hill Management Limited, Morrison Williams Capital Advisors
Inc., MW Holdings Inc., and Aston Hill MW GP Inc.) to form Aston Hill
Asset Management Inc. The amalgamation reduces the number of corporate
entities under the Aston Hill umbrella and simplifies the Company's
corporate structure resulting in only one registered investment fund
Aston Hill is a diversified asset management company with a suite of
retail mutual funds, private equity funds, hedge funds and segregated
institutional funds. The Company is also engaged in oil and gas
property management. Aston Hill has offices in Calgary and Toronto.
The TSX has neither approved nor disapproved the information contained herein.
Forward-Looking Statements: This news release contains certain "forward-looking statements" within
the meaning of such statements under applicable securities law.
Forward-looking statements are frequently characterized by words such
as "plan", "continue", "expect", "project", "intend", "believe",
"anticipate", "estimate", "may", "will", "potential", "proposed" and
other similar words, or statements that certain events or conditions
"may" or "will" occur. These statements are only predictions. Various
assumptions were used in drawing the conclusions or making the
projections contained in the forward-looking statements throughout this
news release. Forward-looking statements are based on the opinions and
estimates of management at the date the statements are made, and are
subject to a variety of risks and uncertainties and other factors that
could cause actual events or results to differ materially from those
projected in the forward-looking statements.
For a detailed description of the risks and uncertainties facing the
Company and its business and affairs, readers should refer to the
Company's annual financial statements and management discussion and
analysis for the year ended December 31, 2010, both of which are
available at www.sedar.com. The Company undertakes no obligation to
update forward-looking statements if circumstances or management's
estimates or opinions should change, unless required by law. The reader
is cautioned not to place undue reliance on forward-looking statements.
SOURCE Aston Hill Financial Inc.
For further information:
Eric Tremblay Larry Titley
Chief Executive Officer Vice President and CFO
Aston Hill Financial Inc. Aston Hill Financial Inc.
(403) 770-4817 (403) 770-4808