News Releases
March 26, 2015
AFRICAN THUNDER Announces ACQUISITION AND Restart of THE Smokey Hills PGM Mine PORT LOUIS, MAURITIUS, March 26, 2015: African Thunder Platinum Limited (“ATP”) is pleased to announce the completion of the acquisition of certain South African PGM assets. ATP has been funded by a consortium of experienced mining investors, Aberdeen International (“Aberdeen”), and Pala Investments (“Pala”). Aberdeen and Pala have become shareholders of ATP. Macquarie Bank Limited will also shortly become a shareholder of ATP. Highlights Acquisition of two PGM assets completed: 69.75% of Smokey Hills, a formerly-producing PGM mine and processing plant located on the Eastern Limb of the […]
February 17, 2015
TORONTO, ONTARIO–(Marketwired – Feb. 17, 2015) – NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ABERDEEN INTERNATIONAL INC. (“Aberdeen”, or the “Company”) (TSX:AAB). This press release is being disseminated pursuant to National Instrument 62-103 – The Early Warning System and Related Take Over Bid and Insider Reporting Issues in connection with the filing of an early warning report (the “Early Warning Report”) regarding the acquisition of securities of Kombat Copper Inc. (“Kombat”) issued pursuant to a private placement financing. Aberdeen has acquired 10,000,000 units of Kombat, which forms part of a larger financing of 26,000,000 units at a purchase price of $0.05 per unit. Each unit […]
February 12, 2015
TORONTO, ONTARIO–(Marketwired – Feb. 12, 2015) – Aberdeen International Inc. (TSX:AAB) (“Aberdeen” or the “Company”), as part of its five point plan to create long-term value, announces its intention to make a Normal Course Issuer Bid (“NCIB”), subject to Toronto Stock Exchange (“Exchange”) approval, to buy back its common shares through the facilities of the Exchange. Any purchases made pursuant to the NCIB will be made in accordance with the rules of the TSX and in some instances may be effected through alternative Canadian trading platforms and will be made at the market price of the common shares at the time of the acquisition. The Board […]
February 2, 2015
TORONTO, ONTARIO–(Marketwired – Feb. 2, 2015) – Aberdeen International Inc. (“Aberdeen”) (TSX:AAB) announces that Meson Capital Partners LLC (“Meson Capital”) and Nightscape Capital (UK) LLP (“Nightscape Capital”) have withdrawn their request for a meeting of the shareholders of Aberdeen, and have agreed to dismiss their court application against Aberdeen and others. As a result of this agreement, the meeting of the shareholders of Aberdeen, scheduled for February 3, 2015, has been cancelled. As of the January 30, 2015 deadline to submit proxies for the shareholder meeting, the results of proxy voting demonstrated significant support for the current board and its plan to create long-term shareholder value in the midst of challenging […]
January 28, 2015
TORONTO, ONTARIO–(Marketwired – Jan. 28, 2015) – As support for the current board continues to grow, Aberdeen International Inc. (TSX:AAB) urges all shareholders to protect their investment by voting the BLUE proxy by 11:00am this Friday, January 30th to reject dissidents Ryan Morris and Nightscape Capital’s cashless takeover attempt. “This isn’t a choice about individuals. This is a choice about two fundamentally different visions for the future of your investment,” said David Stein, CEO of Aberdeen International. “One, pushed by Ryan Morris and Nightscape Capital, is marked by a reckless, short-term plan for immediate value destruction through a fire sale. The other, presented by Aberdeen’s current board, will create long-term shareholder value in the midst of challenging market […]