Aston Hill announces quarterly cash dividend

CALGARY, Aug. 1, 2012 /CNW/ - Aston Hill Financial Inc. ("Aston Hill" or the "Company") (TSX: AHF) is pleased to announce that a quarterly cash dividend in the amount of $0.01 per Common Share will be payable on August 21, 2012 to all Aston Hill shareholders of record on August 10, 2012.  The resulting ex-dividend date for the Common Shares will be August 8, 2012.  This dividend is an eligible dividend for Canadian income tax purposes.

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 oil and gas property management. Aston Hill has offices in Calgary and Toronto.

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, 2011, 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.

Eric Tremblay
Chief Executive Officer
Aston Hill Financial Inc.
[phone]    

Larry Titley
Vice President and CFO
Aston Hill Financial Inc.
[phone]