Business
Aston Hill announces quarterly cash dividend for August 2013
CALGARY , Aug. 1, 2013 /CNW/ - Aston Hill Financial Inc. (" Aston Hill " or the " Compan...
About this update from Flow Capital Corp.
[{"type":"text","content":"\n\n\nCALGARY, Aug. 1, 2013 /CNW/ - Aston Hill Financial Inc. (\"Aston Hill\" or the \"Company\") (TSX:AHF) is pleased to announce that a quarterly cash dividend in\n the amount of $0.0125 per Common Share will be payable on August 23,\n 2013 to all Aston Hill shareholders of record on August 14, 2013.  The\n resulting ex-dividend date for the Common Shares will be August 12,\n 2013.  This dividend is an eligible dividend for Canadian income tax\n purposes.\n\n\nOn July 30, 2013, in connection with the Company's previously announced\n proposed acquisition of an 80% interest in Connor, Clark & Lunn Capital\n Markets Inc. (the \"Acquisition\"), the Company filed a final prospectus providing for the issuance of\n subscription receipts.  As the Company's offering of subscription\n receipts is currently scheduled to close on August 7, 2013, if the\n subscription receipts are outstanding and have not been converted into\n underlying Common Shares as of the record date for the dividend,\n provided that the Acquisition is completed, holders of subscription\n receipts will be entitled to receive, on the later of August 23, 2013\n and the third business day following date of closing of the\n Acquisition, an amount equal to the dividend per Common Share for each\n subscription receipt held.\n\n\nAston Hill is a diversified asset management company with a suite of\n retail mutual funds, closed end funds, private equity funds, hedge\n funds and segregated institutional funds. The Company is also engaged\n in the administration of Argent Energy Trust. Aston Hill has offices in\n Calgary, Toronto and Halifax.\n\n\nThe TSX has neither approved nor disapproved the information contained\n herein.\n\n\nForward-Looking Statements: This news release contains certain \"forward-looking statements\" within\n the meaning of such statements under applicable securities law.\n Forward-looking statements are frequently characterized by words such\n as \"plan\", \"continue\", \"expect\", \"project\", \"intend\", \"believe\",\n \"anticipate\", \"estimate\", \"may\", \"will\", \"potential\", \"proposed\" and\n other similar words, or statements that certain events or conditions\n \"may\" or \"will\" occur. These statements are only predictions. Various\n assumptions were used in drawing the conclusions or making the\n projections contained i...