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September 15, 2015

Aberdeen Completes Sale of Historical Holdings to Landmark Partners for Proceeds of $8.1 Million

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 […]
August 26, 2015

Aberdeen Enters Into Definitive Agreement for Sale of Historical Holdings to Landmark Partners

TORONTO, ONTARIO–(Marketwired – Aug. 13, 2015) – ABERDEEN INTERNATIONAL INC. (“Aberdeen”, or the “Company”) (TSX:AAB) has entered into an agreement to sell certain public and private equity holdings to Ore Acquisition Partners, LP, an investment vehicle owned by funds managed by Landmark Equity Advisors, LLC (“Landmark Partners”). As part of the transaction, Aberdeen will also transfer its shares in Tahoe Resources to the partnership, with payment for those shares being deferred until such shares are sold. Aberdeen is selling a portfolio of public and private holdings owned prior to September 2014 for an aggregate price of approximately $11.8 million to Ore Acquisition Partners L.P. Transaction highlights include, upon closing, Aberdeen will receive gross proceeds of approximately $8.1 […]
August 12, 2015

Aberdeen to Hold Annual General Meeting September 24th, 2015

TORONTO, ONTARIO–(Marketwired – Aug. 12, 2015) – Aberdeen International Inc. (“Aberdeen”) (TSX:AAB) will be holding its annual and general meeting of shareholders on September 24, 2015 at the Company’s corporate offices located at 65 Queen Street West, Suite 815, Toronto, Ontario, Canada. The date of record has been set as August 17, 2015 and registered shareholders will be mailed proxy voting information shortly. Voting forms and information will also be available on the company’s SEDAR page at www.SEDAR.com and at Aberdeen’s website www.aberdeeninternational.ca. About Aberdeen Aberdeen is a publicly traded global investment and merchant banking company focused on small cap companies in the resource sector. Aberdeen will seek to acquire significant equity participation in […]
May 4, 2015

Aberdeen Reports Shareholders’ Equity of $0.37 Per Share and 2015 Year End Financial Results

TORONTO, ONTARIO–(Marketwired – May 4, 2015) – Aberdeen International Inc. (“Aberdeen”) (TSX:AAB) (“Aberdeen”, or the “Company”) is pleased to announce that it has released its financial results for the fourth quarter of 2015, for the period ended January 31, 2015. For more information please see the Company’s Annual Financial Statements and Management’s Discussion and Analysis (“MD&A”) posted on SEDAR at www.sedar.com. As at January 31, 2015, Aberdeen’s Shareholders’ Equity (or Net Asset Value, “NAV”) was $35.9 million, or $0.37 per share. Aberdeen’s shareholders’ equity increased by $4.8 million from $31.1 million at the end of Q3 2015. The increase in shareholders’ equity was due to the performance of Aberdeen’s equity investment portfolio in the fourth […]
April 29, 2015

AFRICAN THUNDER ANNOUNCES FIRST CONCENTRATE SHIPMENT

PORT LOUIS, MAURITIUS, April 29, 2015:  African Thunder Platinum Limited (“ATP” or the “Company”) is pleased to announce that it has commenced shipping platinum group metals (“PGM”) concentrate from its Smokey Hills mine, located in the Limpopo Province, South Africa. The restart of Smokey Hills continues as the mine shipped its first concentrate on April 18, 2015. The shipment follows the start of mining activities in January and successful commissioning of the plant at the end of March of this year. With almost 700 employees on site, management is confident that the mine is on track to achieve full ramp […]