Aston Hill Financial Inc. Announces New Appointment

CALGARY AND TORONTO, July 27, 2010 –Aston Hill Financial Inc. ("Aston Hill”) has announced as part of its continuing growth plans, the appointment of Mike Killeen as Chief Operating Officer. Mr. Killeen has 20 years of experience in senior leadership roles in or adjacent to the financial services industry and has participated in the transformational growth of the wealth management industry. Prior to joining Aston Hill, Mr. Killeen was an Executive
Vice President with Davis + Henderson Income Fund, Senior Vice-President and General Counsel with CI Financial for 13 years, and an associate with a major Canadian law firm. Mr. Killeen was called to the Ontario Bar in 1992 and recently graduated from Harvard Business School’s Advanced Management Program.

Mr. Killeen will take a lead role in growing Aston Hill's own mutual fund and structured financial products business. Aston Hill believes the new business will be complementary to the energy management and sub-advisory business currently within the Company. Aston Hill expects this new business to add significantly to the growth prospects for the Company in the next few years.

Aston Hill is an investment manager with over $2 billion in total assets under advisory and management. The Company has expertise in the oil and gas investments sector, energy-based trusts, oil and gas property management and high-yield structured products. Aston Hill has offices in Calgary and Toronto and is listed on the TSXV under the symbol "AHF".

For further information concerning this press release, please contact:

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

Ben Cheng
President
Aston Hill Financial Inc.
(416) 861-9152

Larry Titley
Vice President and CFO
Aston Hill Financial Inc.
(403) 770-4808

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Advisory Respecting Forward-Looking Information

This news release contains certain forward-looking information and statements (collectively "forward-looking information") within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends", "confident", "might" and similar expressions are intended to identify forward-looking information. In particular, but without limiting the foregoing, this news release contains forward-looking information pertaining to the following: (i) any benefits anticipated to be achieved by Aston Hill upon completion of the Acquisition; (ii) the ability to obtain all of the permits and regulatory approvals, and the ability to satisfy all conditions precedent, necessary for the completion of the Acquisition; (iii) the anticipated timing of closing of the Acquisition; and (iv) other expectations, beliefs, plans, goals, objectives, assumptions, information and statements about possible future events, conditions, results of operations or performance. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking information throughout this news release.

The forward-looking information included in this news release is not a guarantee of future performance and should not be unduly relied upon. Forward-looking information is based on current expectations, estimates and projections that involve a number of risks and uncertainties including but not limited to risks that required shareholder, regulatory and third party approvals and consents are not obtained on terms satisfactory to the parties within the timelines provided
for in the Agreement and risks that other conditions to the completion of the Acquisition are not satisfied on the timelines set forth in the Agreement or at all. Further, achieving the benefits of the Acquisition depends in part on successfully consolidating functions and integrating operations, procedures and personnel in a timely and efficient manner, as well as Aston Hill's ability to realize the anticipated growth opportunities and synergies from combining the
acquired businesses and operations with those of Aston Hill. The integration requires the dedication of substantial management effort, time and resources which may divert management's focus and resources from other strategic opportunities and from operational matters during this process. The integration process may result in the loss of key
employees and the disruption of ongoing business, customer and employee relationships that may adversely affect Aston Hill's ability to achieve the anticipated benefits of the Acquisition.

Should one or more of these risks or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described in this news release as intended, planned, anticipated, believed, estimated, or expected.

Aston Hill cautions that the foregoing list of assumptions, risks and uncertainties is not exhaustive. For a more detailed description of the risks and uncertainties facing Aston Hill and its business and affairs, readers should refer to Aston Hill's interim and annual financial statements and management's discussion and analysis which are available at www.sedar.com. The forward-looking information contained in this news release speaks only as of the date of this news release, and Aston Hill assumes no obligation to publicly update or revise them to reflect new events or circumstances, except as may be required pursuant to applicable securities laws.

Click here for PDF version