TORONTO, Nov. 6, 2012 /CNW/ - (TSX: OGF-UN) Aston Hill Oil & Gas Income Fund (the "Fund") has renewed its normal
course issuer bid to purchase up to 1,608,496 units of the Fund
representing approximately 10% of the public float of 16,084,961
units. The Fund may purchase up to 321,699 units in any 30 day period
which is 2% of the 16,084,961 issued and outstanding units at October
As of October 29, 2012, the Fund had purchased 292,200 units under its
current bid at an average price of $4.76 per unit.
The units may be purchased for cancellation from November 8, 2012 to
November 7, 2013 through the facilities of the TSX or other eligible
alternative market and may only be purchased at a price per unit not
exceeding the last published net asset value per unit. 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.
SOURCE: Aston Hill Asset Management Inc.
For further information:
Further information on the Fund is available at www.astonhill.ca.
Michael J. Killeen
Aston Hill Asset Management Inc.