TORONTO, March 11, 2016 /CNW/ - Aston Hill Financial Inc. ("Aston Hill Financial") is pleased to announce that it has today entered into a sale agreement (the "Agreement") with Brant Securities Limited ("Brant Securities") to sell Aston Hill Securities Inc. ("Aston Hill Securities").
Completion of the sale, which is expected to occur on or about March 31, 2016, is subject to certain closing conditions including regulatory approvals, board approvals, and other customary closing conditions.
Aston Hill Securities is a member of the Investment Industry Regulatory Organization of Canada and the Canadian Investor Protection Fund. Aston Hill Securities provides professional, personalized investment advice and services to private and institutional investors. Aston Hill Securities is a subsidiary of Aston Hill Financial (TSX: AHF). Aston Hill Financial is a diversified asset management company with a suite of retail mutual funds, closed end funds, hedge funds and segregated institutional funds. Aston Hill Financial is headquartered in Toronto.
Brant Securities is an independent, 100% employee-owned brokerage firm focused on providing investment advisor to individual investors. Brant Securities is a member of the Investment Industry Regulatory Organization of Canada and the Canadian Investor Protection Fund.
SOURCE Aston Hill Financial Inc.
For further information: Derek Slemko, Chief Financial Officer, Chief Operating Officer, Aston Hill Financial Inc., (416) 583-2300, [email protected]