INVESTORS

Stock Quote – TSX: AAB

Investments fair value through profit and loss

At April 30, 2022, the Company’s investment portfolio consisted of fifteen publicly traded investments and thirteen privately held investments for a total fair value of $39,630,024 (January 31, 2022 – $39,398,978).

Public investments

At April 30, 2022, the Company had fifteen publicly traded investments with a total fair value of $9,308,983.

Public IssuerNoteSecurity descriptionCostEstimated Fair value% of FV
AmmPower Corp. 1,000,000 warrants expire Mar 24, 2024

$ 110,680

$ 103,000

1.1%

EV Techonogy Group Inc.

(iii)

2,978,286 common shares

3,215,022

4,020,686

43.2%

Flora Growth Corp.

(iii)

583,000 common shares

3,853,500

1,118,660

12.0%

Gamesquare Esport Inc.

(iii)

28,000 common shares

115,399

8,620

0.1%

  1,200,000 warrants expire Oct 2, 2022   
Jourdan Resources Inc.

(i,ii,iii)

17,333,333 common shares

660,904

1,022,767

11.0%

  5,000,000 warrants expire Sep 21, 2022   
  2,000,000 warrants expire Nov 25, 2023  

0.0%

Medivolve Inc.

(iii)

24,101,803 common shares

1,687,126

1,937,785

20.8%

  24,101,803 warrants expire July 8, 2026   
O2Gold Inc. 1,916,000 common shares

274,865

57,480

0.6%

Q-Gold Resources Ltd.

(i,ii,iii)

6,531,667 common shares

858,125

615,517

6.6%

  1,666,667 warrants expire Mar 23, 2023   
Silo Wellness Inc.

(iii)

1,382,500 common shares

307,765

21,238

0.2%

  500,000 warrants expire Mar 1, 2023  

0.0%

  500,000 warrants expire Mar 1, 2023   
Sulliden Mining Capital Inc.

(iii)

3,839,607 common shares

430,344

403,159

4.3%

Total of 3 other investments

(iv)

 

629,767

71

0.0%

Total public investments  

$ 12,143,497

$ 9,308,983

100.0%

Note
(i) The Company has filed a Section 62-103 report pursuant to the Securities Act (Ontario) for this investment and has filed an early warning report on SEDAR.
(ii) The Company owns, on a partially diluted basis, at least a 10% interest in the investee as at April 30, 2022.
(iii) A director and/or officer of the Company is a director and/or officer of the investee corporation as at April 30, 2022
(iv) Total other investments held by the Company are not individually listed as at April 30, 2022. Directors and officers may hold investments personally.

Private investments

At April 30, 2022, the Company had thirteen privately held investments with a total estimated fair value of $30,321,041.

Private IssuerNote Security descriptionCostEstimated Fair value% of FV
Progressus Clean Technologies Inc.(i)  25,000,000 common shares

$ 6,386,999

16,497,918

54.4%

African Thunder Platinum Limited(i,ii,iii) 72,440,807 common shares

15,244,893

0.0%

 (v)  46,230,979 options   
 (v)  46,230,979 options   
 (v)  55,477,175 options   
 (v)  64,723,371 options   
Brazil Potash Corp.(iii)  2,512,406 common shares

3,957,921

12,855,478

42.4%

International Cobalt Inc.(i,ii)  66.67% of interest

980,000

51,695

0.2%

NeXtGen Biologics Inc.(iii)  149,253 common shares

633,950

633,950

2.1%

Exploraciones De Sl Cordero S.A De C.V.(iii)  2,820,000 common shares

282,000

282,000

0.9%

Total of 7 other investments(iv)

2,786,622

0.0%

  

$ 30,272,385

$ 30,321,041

100.0%

Note
(i) The Company owns 66.7% of the outstanding common shares of International Cobalt Inc., 41.67% of the outstanding common shares of Progressus Clean Technologies Inc. (“Progressus”) and 16.9% of the outstanding common shares and voting rights of African Thunder Platinum Limited (“ATPL”). There are no contractual arrangements, financial support, or other restrictions with these companies. Refer to Note 2 for details relating to the exemption to consolidating particular subsidiaries and the exemption from accounting for associates using the equity method for investment entities.
(ii) The Company owns, on a partially diluted basis, at least a 10% interest in the investee as at April 30, 2022.
(iii) A director and/or officer of the Company is a director and/or officer of the investee corporation as at April 30, 2022.
(iv) Total other investments held by the Company are not individually listed as at April 30, 2022. Directors and officers may hold investments personally.
(v) The option period is defined as the period beginning on the earlier of (i) the date upon which proceeds of sale or disposal of all, or part of ATPL assets except Kalplats project; (ii) the date upon which shareholders enter into an agreement to sell all ATPL assets to a third party, and (iii) the date upon which ATPL enters into an agreement with an arm’s length third party to sell its rights to Kalplats Project, and ending on the date which is three years thereafter. As none of these conditions have been met, these options are not presently exercisable.

Aberdeen International’s SEDAR filings