News Releases

— Total revenue of $4.0 million, including net gain on investments of $3.9 million — Net income for the three months ended April 30, 2021 was $3.3 million or $0.02 per basic share — As at April 30, 2021, Aberdeen’s shareholders’ equity and net asset value (NAV) were $41.0 million, or $0.30 per share. On a quarter-over-year basis, Aberdeen’s shareholders’ equity has increased by $8.6 million, representing an approximate 26% increase. Given the nature of Aberdeen’s operations, there is currently no difference between “shareholder equity” and “net asset value” for Aberdeen — Investments in clean energy and zero-carbon technologies positioning […]

Consistent with Aberdeen’s pivot in clean energy, the Board of Directors has appointed Christopher Younger to lead the company’s cleantech investment strategy Mr. Younger joins Aberdeen from one of the world’s largest ammonia producers, where he was responsible for building out the company’s innovation and sustainability strategies Under a net-zero carbon scenario, CO2 emissions would need to fall by ~45% from 2010 levels by 2030¹; hydrogen/ammonia technologies have potential to be a key enabler TORONTO, April 22, 2021 — Aberdeen International Inc. (“Aberdeen” or the “Company”) (TSX: AAB F:A8H, OTC:AABVF) is pleased to announce the appointment of Christopher Younger as Chief […]

TORONTO, April 21, 2021 — Aberdeen International Inc. (“Aberdeen” or the “Company”) (TSX: AAB F:A8H, OTC:AABVF) is saddened to announce the death of board member Maurice “Moe” Colson who passed away recently. “Moe was an extraordinary board member but an even better person,” said Ryan Ptolemy, CFO of Aberdeen. “It was a great privilege to work alongside Moe, and I speak for the management team and board of directors when I say that his business acumen and friendship will be deeply missed.” Mr. Colson served as an independent director at Aberdeen since January 2015. In addition to his duties as a board […]

Toronto, Canada – April 15, 2021 – Aberdeen International Inc. (“Aberdeen” or the “Company”) (TSX: AAB F:A8H, OTC:AABVF) is pleased to share an update regarding its recent acquisition, AES-100 Inc., from T2M Global (see press releases dated February 1, 2021, February 11, 2021, March 3, 2021 and March 10, 2021, April 8, 2021). AES-100 has been selected by US Department of Energy (DOE) to be deployed at Hawaii Gas in order to improve overall efficiency of Synthetic Natural Gas (SNG) production and the extraction of pure hydrogen (fuel-cell-ready) from a low-purity waste syngas stream. The expected benefits are (a) an improved […]

Aberdeen International Inc. (“Aberdeen” or the “Company”) (TSX: AAB F: A8H) is pleased to share an update regarding its recent acquisition, AES-100 Inc. (see press releases dated February 1, 2021, February 11, 2021, March 3, 2021 and March 10, 2021). AES-100 Inc. is currently investigating whether hydrogen production could, under the right conditions, offer a solution to U.S. and European nuclear reactors from retiring early as well as support newer reactors to run at their highest efficiency. While nuclear energy supplies 19% of the energy consumed in the US and about 25% in the European Union, many nuclear power plants […]