Aston Hill Financial Inc
SymbolAHF
Shares Issued59,266,554
Close 2008-11-26C$ 0.20
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Aston Hill Financial closes 2nd tranche of LP financing

2008-11-28 12:44 ET - News Release

Ms. Joanne Hruska reports

CATAPULT ENERGY 2008 INC. ANNOUNCES SECOND CLOSING FOR CATAPULT ENERGY 2008 FTS LIMITED PARTNERSHIP

Catapult Energy 2008 Inc. has completed the second closing of the Catapult Energy 2008 FTS LP. The partnership issued 74,265 limited partnership units at $25 per unit for gross proceeds of approximately $1.86-million. The partnership issued 345,707 limited partnership units at $25 per unit in connection with the initial closing on Nov. 7, 2008, for gross proceeds of approximately $8.64-million. Together with the proceeds of this second closing, the partnership received proceeds of a total of approximately $10.5-million. The partnership will invest in a portfolio of flow-through shares issued by resource issuers identified for investment by Catapult Financial Management Inc., the investment adviser to the partnership. Catapult Energy 2008 is the general partner of the partnership and is a wholly owned subsidiary of Aston Hill Financial.

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