CALGARY and TORONTO, July 27 /CNW/ - Aston Hill Financial Inc. ("Aston Hill") has announced as part of its continuing growth plans, the appointment of Mike Killeen as Chief Operating Officer. Mr. Killeen has 20 years of experience in senior leadership roles in or adjacent to the financial services industry and has participated in the transformational growth of the wealth management industry. Prior to joining Aston Hill, Mr. Killeen was an Executive Vice President with Davis + Henderson Income Fund, Senior Vice-President and General Counsel with CI Financial for 13 years, and an associate with a major Canadian law firm. Mr. Killeen was called to the Ontario Bar in 1992 and recently graduated from Harvard Business School's Advanced Management Program.
Mr. Killeen will take a lead role in growing Aston Hill's own mutual fund and structured financial products business. Aston Hill believes the new business will be complementary to the energy management and sub-advisory business currently within the Company. Aston Hill expects this new business to add significantly to the growth prospects for the Company in the next few years.
Aston Hill is an investment manager with over $2 billion in total assets under advisory and management. The Company has expertise in the oil and gas investments sector, energy-based trusts, oil and gas property management and high-yield structured products. Aston Hill has offices in Calgary and Toronto and is listed on the TSXV under the symbol "AHF".
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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, 2009, 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: For further information: Eric Tremblay, Chief Executive Officer, Aston Hill Financial Inc., (403) 770-4817; Ben Cheng, President, Aston Hill Financial Inc., (416) 861-9152; Larry Titley, Vice President and CFO, Aston Hill Financial Inc., (403) 770-4808