Aston Hill and Ark Announce the Launch of Corporate Class Mutual Funds



    CALGARY, Jan. 21 /CNW/ -Aston Hill Financial Inc. ("Aston Hill"), in
conjunction with Ark Fund Management Ltd. ("Ark") is pleased to announce the
launch of Ark Aston Hill Monthly Income Class, Ark Aston Hill Opportunities
Class and the Ark Aston Hill Energy Class (the "Funds"). Portfolio advisory
services will be provided to the Funds through Aston Hill's wholly owned
subsidiary Catapult Financial Management Inc. ("Catapult Financial") led by
Ben Cheng and Joanne Hruska. Sales and marketing support as well as
administrative services for the Funds will be provided by Ark.
    Mr. Ben Cheng, President, Aston Hill and Vice President, Catapult
Financial is lead Portfolio Manager to the Ark Aston Hill Monthly Income Class
and Ark Aston Hill Opportunities Class and has extensive portfolio management
experience in both equity and fixed income markets. The Ark Aston Hill Monthly
Income Class distributes a highly tax-efficient, fixed monthly distribution of
5 cents. This fund will invest in dividend paying equities, income and royalty
trusts and fixed income securities, having a flexible mandate in security
selection, sector exposure and asset allocation. The Ark Aston Hill
Opportunities Class will invest in predominantly Canadian equities with no
restriction on capitalization or sector exposure. Investments will represent
the best available opportunities in the Canadian market as determined by
Catapult Financial, the portfolio advisors.
    Ms. Joanne Hruska, CFA, President, Catapult Financial and Vice President,
Aston Hill is lead Portfolio Manager for the Ark Aston Hill Energy Class and
has extensive investment expertise dating back to 1994 in the Canadian junior
oil and gas sector. The Ark Aston Hill Energy Class will focus on investment
in the energy sector and will invest in companies across the capitalization
spectrum.
    The Manager of the Funds, Ark Fund Management Ltd., was founded in August
2007 through the purchase of SciVest Alternative Strategies Inc. by Ark
Financial Holdings Ltd. Ark is a Toronto-based investment company that offers
high quality mutual fund and hedge fund products with flexible investment
mandates to Canadian investors.  Mr. Peter J. Shippen, CFA, is President and
CEO of Ark and has an extensive background in the research and analysis of
mutual funds, hedge funds and structured products. Most recently, Mr. Shippen
was Vice President, Fund Research and Product Due Diligence at a bank-owned
investment dealer.
    Aston Hill Financial Inc. (TSX Venture: AHF) is an investment manager
with expertise in the junior oil and gas sector, energy-based trusts, oil and
gas property management, private equity and high-yield structured products.

    The TSX Venture Exchange has neither approved nor disapproved the
    information contained herein.





For further information:

For further information: Eric Tremblay, Chief Executive Officer, Aston
Hill Financial Inc., (403) 770-4817; Larry Titley, CA, Vice President and CFO,
Aston Hill Financial Inc., (403) 770-4808

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Aston Hill Financial Inc.

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