September 15, 2015
TORONTO, ONTARIO–(Marketwired – Sept. 10, 2015) – ABERDEEN INTERNATIONAL INC. (“Aberdeen”, or the “Company”) (TSX:AAB) has completed the sale of certain public and private holdings to Ore Acquisition Partners, LP (the “Partnership”), an investment vehicle owned by funds managed by Landmark Equity Advisors, LLC (“Landmark Partners”) previously announced on August 13, 2015. Highlights of the Transaction: Gross proceeds generated by the transaction of approximately $8.1 million The right for Aberdeen to earn an additional $2,000,000, payable upon the achievement of certain milestones Management fees payable to Aberdeen for a minimum of three years and up to five years for management and administration services provided to the Partnership, which includes a small minority […]