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Catapult Energy 2008 Inc. Announces Second Closing for Catapult Energy 2008 FTS Limited Partnership

Calgary, November 28, 2008
– Catapult Energy 2008 Inc. announced today the second closing of the Catapult Energy 2008 FTS Limited Partnership (the “Partnership”). The Partnership issued 74,265 limited partnership units at $25.00 per unit for gross proceeds of approximately $1.86 million. The Partnership issued 345,707 limited partnership units at $25.00 per unit in connection with the initial closing on November 7, 2008 for gross proceeds of approximately $8.64 million, which, together with the proceeds of this second closing, the Partnership received proceeds of an aggregate 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 advisor to the Partnership. Catapult Energy 2008 Inc. is the general partner of the Partnership and is a wholly-owned subsidiary of Aston Hill Financial Inc. (TSXV:AHF).

The offering was co-led by CIBC World Markets Inc. and RBC Dominion Securities Inc., and the
syndicate of agents included BMO Nesbitt Burns Inc., National Bank Financial Inc., Scotia Capital Inc., TD Securities Inc., HSBC Securities (Canada) Inc., Raymond James Ltd., Blackmont Capital Inc., Canaccord Capital Corporation, Dundee Securities Corporation and GMP Securities L.P.

Aston Hill Financial Inc. is a Calgary-based asset management company with expertise in the oil and gas sector, energy based trusts, oil and gas property management, private equity and high yield structured products.

For further information concerning this Press Release, please contact:

Catapult Energy 2008 Inc.

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

Joanne A. Hruska
President
(403)770-4814

Larry Titley
Chief Financial Officer
(403)770-4808

Not for distribution to U.S. newswire services or for dissemination in the United States.  Any failure to comply with this restriction may constitute a violation of U.S. securities law.


The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

 

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