Aston Hill Financial announces Dividend Reinvestment Plan

CALGARY, March 12, 2014 /CNW/ - The Board of Directors of Aston Hill Financial Inc. ("Aston Hill" or the "Company") (TSX: AHF) is pleased to announce the adoption of a Dividend Reinvestment Plan (the "DRIP") for its Canadian resident shareholders ("Eligible Shareholders").  The DRIP will commence with the May 2014 dividend.

The DRIP will allow Eligible Shareholders to reinvest the cash dividends paid on all or a portion of their Common Shares in additional Common Shares which will be issued at 95 percent (5% discount) of the volume weighted average trading price of the Common Shares on the Toronto Stock Exchange during the last five trading days ending at the conclusion of the trading day immediately preceding the relevant dividend payment date.

To participate in the DRIP, registered Eligible Shareholders must deliver a properly completed enrolment form to Computershare Trust Company of Canada ("Computershare") (in its capacity as plan agent under the DRIP), as directed under the DRIP, by not later than 4:00 p.m. (Calgary time) on the fifth business day immediately preceding a dividend record date in order for the cash dividend to which such record date relates to be reinvested under the DRIP.

Beneficial Eligible Shareholders (owners of Common Shares that are held through a nominee) who wish to participate in the DRIP should contact the broker, investment dealer, financial institution or other nominee who holds their Common Shares to inquire about the applicable enrolment deadline and to request enrolment in the DRIP.

Eligible Shareholders can obtain an enrolment form by contacting Computershare at 1-800-564-6253 or (514) 982-7555, or by visiting www.investorcentre.com/service, or by following the instructions on the Corporation's website at www.astonhill.ca. Shareholders are urged to carefully read the complete text of the DRIP before making any decisions regarding their participation in the DRIP.

No commissions, service charges or brokerage fees will be payable by DRIP participants in connection with their purchase of Common Shares from treasury. However, Beneficial Eligible Shareholders who wish to participate in the DRIP through the broker, investment dealer, financial institution or other nominee who holds their Common Shares should consult that nominee to confirm what fees, if any, the nominee may charge to enrol in the DRIP on their behalf or whether the nominee's policies might result in any costs otherwise becoming payable by the Beneficial Eligible Shareholder.

Participation in the DRIP will not relieve DRIP participants of any liability for taxes that may be payable on dividends. Eligible Shareholders should consult their own tax advisors concerning the tax implications of their participation in the DRIP having regard to their own particular circumstances.

The Common Shares and the Common Shares to be issued pursuant to the DRIP are not, and will not be, registered under the United States Securities Act of 1933, as amended, and accordingly, the Common Shares issued pursuant to the DRIP are not being publicly offered for sale in the United States or in any of the territories or possessions thereof or any other jurisdictions or to or for the benefit of "U.S. Persons" (as such term is defined in Regulation S under the United States Securities Act of 1933, as amended). Participation in the DRIP will not be accepted from any person or person's agent who is not an Eligible Shareholder.

Aston Hill is a diversified asset management company with a suite of retail mutual funds, closed end funds, private equity funds, hedge funds and segregated institutional funds. The Company is also engaged in the administration of Argent Energy Trust. Aston Hill has offices in Calgary, Toronto and Halifax.

This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities in any province or territory of Canada or in any other jurisdiction. There shall be no sale of the securities in any jurisdiction in which an offer to sell, a solicitation of an offer to buy or a sale would be unlawful.

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

  1. 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, 2012, 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 Asset Management Inc.

For further information:

Eric Tremblay
Chief Executive Officer
Aston Hill Financial Inc.
(403) 770-4817    

Larry Titley 
Vice President and CFO 
Aston Hill Financial Inc. 
(403) 770-4808 


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