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Aston Hill Financial Closes on Purchase of Capex Exploration Ltd.

Calgary, February 11, 2008
- Aston Hill Financial Inc. (“Aston Hill”) (TSXV: AHF) and Sword Energy Inc. (“Sword”) are pleased to announce that the Arrangement Agreement to purchase all
outstanding shares of Capex Exploration Ltd., a Calgary based private oil and gas exploration and production company, closed on February 8, 2008.

Sword is a private oil and gas company managed by Aston Hill, whose shareholders include Canadian pension plans and a Canadian pension fund manager. As a result of this transaction, Sword is producing over 9,000 BOE/d of oil and natural gas in Western Canada in a growth vehicle that is tailored for tax exempt investors. Aston Hill participated in this transaction by investing $1.815 million in Sword to maintain its 2.42% interest alongside its investors.

As a result of this transaction, Aston Hill’s Assets Under Management (“AUM”) have increased to approximately $625 million. Aston Hill Financial Inc. is an investment manager with expertise in oil and gas property management, diversified income products, oil and gas portfolio management and private equity.


For further information concerning this press release, please contact:

Eric Tremblay
Chief Executive Officer
Aston Hill Financial Inc.
(403) 770-4817

Larry Titley
Chief Financial Officer
Aston Hill Financial Inc.
(403) 770-4808

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

 

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