TORONTO, July 12, 2012 /CNW/ - (TSX: GUR) Aston Hill Global Uranium Fund Inc. (the "Fund") has renewed its normal
course issuer bid to purchase up to 478,338 shares of the Fund
representing approximately 10% of the public float of 4,783,385
shares. The Fund may purchase up to 95,667 shares in any 30 day period
which is 2% of the 4,783,385 issued and outstanding shares at July 5,
As of July 5, 2012, the Fund had purchased 167,700 shares under its
current bid at an average price of $1.89 per share.
The shares may be purchased for cancellation from July 16, 2012 to July
15, 2013 through the facilities of the TSX or other eligible
alternative market and may only be purchased at a price per share not
exceeding the last published net asset value per share. The Manager of
the Fund believes that such purchases are in the best interest of the
Fund and are a desirable use of its available funds.
Further information on the Fund is available at www.astonhill.ca.
SOURCE Aston Hill Global Uranium Fund Inc.
For further information:
Michael J. Killeen
Aston Hill Asset Management Inc.