News Releases

Last week, a promising partnership was announced in the lithium mining space with Aberdeen International Inc. (TSX:AAB), the private equity investor, and lithium pure play up-and-comer, Lithium X Energy Corp. (TSX-V: LIX), entering into a partnership agreement to acquire and develop a lithium-potash project located in Argentina. The partnership agreement outlines that Aberdeen International will acquire 80% of Potasio y Litio de Argentina SA, which owns 100% of the Sal de los Angeles lithium-potash project. This Sal de los Angeles project will be developed and operated by Lithium X over the next two years. The Sal de los Angeles project has plenty going for it. Not only […]

SNNLive spoke with David Stein, President and CEO of Aberdeen International Inc. (TSX: AAB) at the LD Micro “Main Event” 2015 in Bel Air, CA. Aberdeen International Inc. (TSX: AAB) operates as an investment and merchant banking company focusing on private, micro, and small capitalization companies in the resource sector, according to the company’s website (see here: www.AberdeenInternational.ca). SNNLive spoke with David Stein, President and CEO of Aberdeen International Inc. at the LD Micro “Main Event” 2015 in Bel Air, CA. In this video interview, Mr. Stein and our host discuss the following topics: – Overview of Aberdeen International, Inc. – Focus on Mining and […]

TORONTO, ONTARIO–(Marketwired – Dec. 31, 2015) – ABERDEEN INTERNATIONAL INC. (“Aberdeen”, or the “Company”) (TSX:AAB) At the request of the Investment Industry Regulatory Organization of Canada (IIROC), Aberdeen would like to clarify and retract certain statements contained in its December 29th, 2015 press release announcing the acquisition of the Diablillos Lithium Project for a total consideration of CDN$5 Million. Disclosure on the Diablillos Preliminary Economic Assessment (PEA) The PEA and technical report referenced in the news release was completed by SRK Consulting and filed on the Rodinia Lithium SEDAR profile at www.sedar.com on December 22, 2011. The PEA is not compliant with current NI 43-101 standards and as such, the disclosed project economic details are considered […]

TORONTO, ONTARIO–(Marketwired – Dec. 29, 2015) – ABERDEEN INTERNATIONAL INC. (“Aberdeen”, or the “Company”) (TSX:AAB) is pleased to announce that it has closed the share purchase agreement with Rodinia Lithium Inc. (“Rodinia”) to purchase all of the shares of Potasio y Litio de Argentina SA. (“PLASA”), which holds the Diablillos lithium-potash project in Argentina. In consideration for the shares, Aberdeen will make aggregate payments to Rodinia of CDN$5,000,000, with CDN$3,000,000 to be paid on closing and CDN$2,000,000 to be paid within six months of closing. In addition, Rodinia will retain a 2.0% net smelter royalty in respect of the project, while Aberdeen will have the right to purchase half of this royalty for CDN$2,000,000 within […]

TORONTO, ONTARIO–(Marketwired – Dec. 17, 2015) – ABERDEEN INTERNATIONAL INC. (“Aberdeen”, or the “Company”) (TSX:AAB) has released its financial results for the third quarter of 2016, ended October 31, 2015. For more information please see the Company’s Condensed Interim Financial Statements and Management’s Discussion and Analysis (“MD&A”) posted on SEDAR at www.sedar.com. Highlights: Corporate focus on recently acquired platinum-palladium and lithium projects; Closed the sale of certain portfolio investments to Landmark Equity Advisors, LLC; Announced it had entered into a definitive agreement to acquire all the shares of Potasio y Litio de Argentina SA (PLASA) which holds 100-per-cent interest in the Diablillos lithium-potash project located in Argentina. Subsequent to the […]