TORONTO, March 8, 2013 /CNW/ - Aston Hill Asset Management Inc. (the "Manager"), the manager of Aston Hill Global Agribusiness Fund ("Global Agribusiness", TSX: AGB.UN), Aston Hill Senior Gold Producers Income Corp. ("Senior Gold Producers", TSX: GPC) and Aston Hill Global Uranium Fund Inc. ("Global Uranium", TSX: GUR and, together with Global Agribusiness and Senior Gold
Producers, the "Funds"), announced today that the unitholders of Global Agribusiness have
approved the previously announced proposed changes to its investment
mandate and reorganization into a public mutual fund. These changes
remain on their original timeline for implementation which includes
delisting the units of Global Agribusiness from trading on the Toronto
Stock Exchange on or about March 15, 2013 and completing the other
changes to Global Agribusiness on or about March 22, 2013.
The special meetings of shareholders of Senior Gold Producers and Global
Uranium have been adjourned for lack of quorum and will reconvene on
March 22, 2013 at 10:00 a.m. at the office of the Manager, at which
time those shareholders present in person or represented by proxy will
constitute a quorum for each meeting. Shareholders then will vote on
the proposed mergers of Senior Gold Producers and Global Uranium into
Global Agribusiness and, if approved, the mergers are expected to be
implemented on or about April 4, 2013. Each proposed merger that is
approved will be implemented, regardless of whether the other proposed
merger is approved.
Additional information concerning the proposed transactions is contained
in the materials provided to securityholders in connection with the
special meetings and is available at www.sedar.com and at www.astonhill.ca.
About Aston Hill
The Manager is a wholly-owned subsidiary of Aston Hill Financial Inc.
(TSX: AHF). Aston Hill Financial Inc. 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. Aston
Hill Financial is also engaged in the administration of Argent Energy
Trust (TSX: AET.UN). Aston Hill Financial has offices in Calgary,
Toronto and Halifax.
SOURCE: Aston Hill Asset Management Inc.
For further information:
Michael J. Killeen
Aston Hill Asset Management Inc.