News Releases

January 9, 2023

Aberdeen International Inc. (TSX: AAB, FR: A8H, OTC: AABVF) Unlocking Shareholder Value With Sale of Shares of Progressus Clean Technologies Inc. to AmmPower Corp. (CSE: AMMP, OTCQB: AMMPF, FSE: 601A)

TORONTO, Jan. 09, 2023 (GLOBE NEWSWIRE) — Aberdeen International Inc. (“Aberdeen” or the “Company”) (TSX: AAB, F: A8H, OTC: AABVF) is pleased to announce the sale of its Progressus Clean Technologies Inc. (“Progressus“) shares to AmmPower Corp. (“AmmPower”) as part of AmmPower’s acquisition of 50.05% of the issued and outstanding common shares of Progressus, a venture stage green technology company focused on the development of novel hydrogen generation and separation technologies (the “Transaction”). “AmmPower is a natural suitor for Progressus and we think that this transaction makes a lot of sense – it provides both AmmPower and Progressus with the […]
June 14, 2022

 ABERDEEN INTERNATIONAL INC. (TSX: AAB, FR: A8H, OTC: AABVF) Reports Results for the quarter ended April 30, 2022

▪   Total investment gains were $0.3 million for the three months ended April 30, 2022, made up of realized losses on investments of $0.2 million and unrealized gains on investments of $0.5 million ▪   As at April 30, 2022, Aberdeen’s shareholders’ equity was $39.9 million, or $0.29 per basic share.   ▪   Investments in clean energy inputs and technologies such as Progressus, EV Technology Group and Jourdan continue to be core to Aberdeen’s strategy Toronto, Canada – June 14, 2022 – Aberdeen International Inc. (“Aberdeen” or the “Company”) (TSX: AAB, F: A8H, OTC: AABVF) is pleased to announce that it […]
May 3, 2022

Aberdeen International Inc. (TSX: AAB, FR: A8H, OTC: AABVF) Reports 2021 Q4 Results

Total investments gains were $8.8 million for the twelve months ended January 31, 2022. Made up of realized gain on investments of $5.1 million and unrealized gains on investments of $3.7 million As at January 31, 2022, Aberdeen’s shareholders’ equity was $40.8 million, or $0.30 per basic share. On a year-over-year basis, Aberdeen’s shareholders’ equity has increased 27% The Company continues to be well positioned as a result of investments in clean energy inputs and technologies such as Progressus, EV Technologies Group and Jourdan. TORONTO, May 03, 2022 (GLOBE NEWSWIRE) — Aberdeen International Inc. (“Aberdeen” or the “Company”) (TSX: AAB, […]
April 12, 2022

Progressus Clean Technologies Appoints Chairman of Advisory Board

Formation of advisory board will accelerate technology development and commercialization for Progressus technology products Pinakin Patel, world renowned hydrogen expert, named as chairman of advisory board for Progressus Clean Technologies Mr. Patel’s appointment will ensure Progressus technology meets development and commercial milestones through deep technology and supply chain expertise Mr. Patel brings more than 40 years of hydrogen and fuel cell experience to the role along with direct core knowledge of the Progressus technology TORONTO, April 12, 2022 (GLOBE NEWSWIRE) — Aberdeen International Inc. (“Aberdeen” or the “Company”) (TSX: AAB) (F: A8H) (OTC: AABVF) is pleased to announce the appointment […]
February 28, 2022

Progressus Clean Technologies Announced As New Name And Brand For Leading Green Hydrogen Company, AES-100 Inc.

“Progressus Clean TechnologiesTM” announced as the new name and brand for leading green hydrogen company, AES-100 Inc. New branding under the Progressus Clean Technologies banner a major first step towards successful commercialization of the technology As development of innovative home power unit continues, new name will strategically differentiate product offering in eyes of consumers and new partners alike Toronto, Canada – February 28, 2022 – Aberdeen International Inc. (“Aberdeen” or the “Company”) (TSX: AAB F: A8H, OTC: AABVF) is pleased to announce the new rebranding of its portfolio company, AES-100 Inc., to become Progressus Clean TechnologiesTM (“Progressus”). The new name […]