News Releases

June 14, 2021

Aberdeen International Inc. (TSX: AAB, FR: A8H, OTC: AABVF) Reports 2021 Q1 Results With Net Income Of $0.02 Per Share And Shareholders’ Equity Of $0.30 Per Share

— 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 […]
April 22, 2021

Aberdeen International Inc. (TSX:AAB, FR:A8H, OTC:AABVF) Reinforces Low-Carbon Energy Investment Focus With Appointment of Christopher Younger as Chief Executive Officer

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 […]
April 21, 2021

Nuclear energy plants could help accelerate hydrogen adoption with reduced costs

By George Heynes With the breakthrough of hydrogen technology in various decarbonisation strategies across the world, nuclear reactors could be given a new lease of life by providing almost perfect conditions to produce green hydrogen on a massive scale. It is not often you find two products that, ethically, are at opposite ends of the spectrum but complement each other so significantly. The reputational facelift that nuclear power has needed since it was first introduced in the last century could be realised with the introduction of technologies that utilise by-products of nuclear power to generate alternative fuel sources such as hydrogen. […]
April 21, 2021

Aberdeen International Mourns the Passing of Board Member Maurice J. Colson

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 […]
April 16, 2021

ABERDEEN INTERNATIONAL (TSX:AAB, FR:A8H, OTC:AABVF) Technology Partner T2M Global Selected by the US Department Of Energy to Use AES-100 Technology to Address New $50 Billion Syngas-To-Hydrogen Market Opportunity

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 […]