Aston Hill announces second quarter results



    CALGARY, Aug. 28 /CNW/ - Aston Hill Financial Inc. ("Aston Hill"),
formerly Overlord Financial Inc., announces it has filed the unaudited interim
consolidated financial statements for the three and six month periods ended
June 30, 2007 and related Management Discussion and Analysis with Canadian
Securities Regulatory Authorities. Aston Hill is listed on the TSX Venture
Exchange under the ticker symbol AHF.
    On June 26, 2007, Aston Hill, alongside Infra-PSP Canada Inc. ("PSP"),
acquired all of the issued and outstanding trust units of Thunder Energy Trust
("Thunder"). Aston Hill now manages the Thunder oil and gas assets and owns
2.28% of the resulting private entity, Sword Energy Inc. ("Sword"). Aston Hill
received an acquisition fee of approximately $5 million for its role in
structuring the transaction and will receive ongoing management fees for
providing asset management services.
    On June 29, 2007, Catapult Energy Small Cap 2007 FTS Limited Partnership
(the "Partnership") completed its final closing of its initial public
offering. The Partnership issued a total of 277,660 units at $25.00 per unit
for gross proceeds of approximately $7 million. The Partnership invests in
flow-through shares of private and public junior oil and gas companies.
    As at June 30, 2007, Aston Hill had approximately $500 million in Assets
Under Management. The following table summarizes the various investment
profiles managed by Aston Hill and its subsidiaries:

    
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    Investment profile                                       Est. AUM ($ 000)
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    Oil and natural gas properties                                  $450,000
    High yield investments                                            30,000
    Oil and natural gas junior common and flow through shares         20,000
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    Total                                                           $500,000
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    Aston Hill Financial Inc. is an investment manager with expertise in the
junior oil and gas sector, energy-based trusts, oil and gas property
management, private equity and high-yield structured products.

    The TSX Venture Exchange has neither approved nor disapproved the
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    information contained herein.
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For further information:

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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Aston Hill Financial Inc.

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