Catapult Announces Year End Results
Calgary, March 19, 2008 - Catapult Financial Management Inc. (“Catapult”) as General Partner for Catapult Energy Limited Partnership I (the “Partnership”) (CPU.un: TSX) announces year end financial results for the year ended December 31, 2007. The Partnership has filed the following documents on the System for Electronic Documents Analysis and Retrieval (SEDAR):
1. Audited Financial Statements for the year ended December 31, 2007 and the notes thereto; and
2. Management Report of Partnership Performance for the year ended December 31, 2007.
Copies of these documents may be obtained via SEDAR at www.sedar.com.
Results for the year include:
Net assets for the Partnership at December 31, 2007 were $7,365,219
Net asset value per unit was $4.89 per unit at December 31, 2007
The net loss on investments for the year was $4,678,918
Debt at December 31, 2007 was $724,129
As previously announced on March 17, 2008, the units of the Partnership will be de-listed from the Toronto Stock Exchange effective at close of the market on March 24, 2008. Pursuant to the terms of the Final Prospectus and in accordance with the Partnership's Limited Partnership Agreement, the Partnership will be wound up and dissolved effective as of March 31, 2008 (the "Termination Date").
Catapult, a wholly-owned subsidiary of Aston Hill Financial Inc. (TSXV: AHF), is an investment manager with expertise in the oil and gas sector.
For further information concerning this press release, please contact:
Eric Tremblay
Chief Executive Officer
Aston Hill Financial Inc.
(403) 770-4817
Joanne Hruska
President
Aston Hill Financial Inc.
(403) 770-4814
The TSX Venture Exchange has neither approved nor disapproved the information contained herein.