News Releases

January 11, 2022

Enbridge Gas Invites Media to Attend Launch of North America’s First Utility-Scale Hydrogen-Blending Project

TORONTO, Jan. 11, 2022 /CNW/ – Enbridge Gas Inc., in partnership with Cummins Inc. (NYSE: CMI) and with support from Sustainable Development Technology Canada (STDC), the Canadian Gas Association (CGA) and NGIF Capital Corporation, will officially launch the first-of-a-kind in North America hydrogen-blending project, and invite local media to attend the virtual event. Hydrogen blending refers to injecting clean hydrogen into the delivered natural gas to reduce its carbon footprint. Successful pilot of this innovative technology will green the gas supply and open the door for larger made-in-Ontario clean energy solutions. WHO: Enbridge Gas Inc. and Cummins Inc. with speakers that include: Cynthia Hansen, EVP & President, Gas […]
January 10, 2022

Aberdeen International Inc. (TSX: AAB, FR: A8H, OTC: AABVF) Investee, AES-100 Inc. Reports Accelerated Commercial Development of Green Hydrogen Solution

Aberdeen International Inc. investee, AES-100 Inc. (a leading clean hydrogen technology company) to develop transformational direct-to-consumer green hydrogen power unit for the common American home AES technology positioned to save government and municipalities billions in infrastructure spend Anticipated development timeline to be approximately 50% of industrial sized application leading to expedited commercialization TORONTO, Jan. 10, 2022 (GLOBE NEWSWIRE) — Aberdeen International Inc. (“Aberdeen” or the “Company”) (TSX: AAB F: A8H, OTC: AABVF) is pleased to announce that its portfolio company, AES-100 Inc. (“AES”), a leading clean hydrogen technology company, has initiated design and development activities for a green-hydrogen home power […]
December 22, 2021

‘Out of the lab’: green hydrogen biggest winner as US forms $21bn Office of Clean Energy Demonstrations

Department of Energy says new unit will ‘fill critical innovation gap’ for technologies such as renewable H2, carbon capture and nuclear By Richard Kessler The US Department of Energy (DoE) on Tuesday launched the Office of Clean Energy Demonstrations with $21.5bn in federal funding – the biggest single slice of which goes to green hydrogen – in a bid to realise the largest number of innovative carbon-free technology projects at scale in the nation’s history. The new office “will move clean energy technologies out of the lab and into local and regional economies across the country, proving the value of technologies […]
December 14, 2021

Aberdeen International Inc. (TSX: AAB, FR: A8H, OTC: AABVF) Reports Q3 Results, Executing on Our Strategy, With Strong Portfolio Monetization of Non-Core Positions and a Continued Focus on Clean Energy

Performance year-to-date represents a 71% increase in net income and 101% increase in total revenues over the same period in 2020 Realized gain on investments was $4.2 million, offset by an unrealized loss on investments of $8.1 million, for net loss on investments of $3.9 million for the three months ended October 31, 2021 As at October 31, 2021, Aberdeen’s shareholders’ equity was $46.6 million, or $0.34 per basic share. On a year-over-year basis, Aberdeen’s shareholders’ equity has increased 44% The Company continues to be well positioned as a result of investments in clean energy and zero-carbon technologies with core […]
November 25, 2021

Aberdeen Acquires Securities in Jourdan Resources Inc.

TORONTO, Nov. 25, 2021 (GLOBE NEWSWIRE) — ABERDEEN INTERNATIONAL INC. (“Aberdeen” or the “Company”) (TSX: AAB) (F: A8H) (OTC: AABVF) has acquired 4,000,000 units of Jourdan Resources Inc. (“Jourdan”) in a non-brokered private placement financing of Jourdan at a price of $0.05 per unit for a total subscription price of $200,000. Each unit is comprised of one Jourdan common share (a “Common Share”) and one-half of one Jourdan common share purchase warrant (a “Warrant”). Each Warrant is exercisable for one Common Share at a price of $0.07 for a period of twenty-four months. Prior to this transaction, Aberdeen owned 13,333,333 Common Shares […]