News Releases

TORONTO, ONTARIO–(Marketwired – May 4, 2015) – Aberdeen International Inc. (“Aberdeen”) (TSX:AAB) (“Aberdeen”, or the “Company”) is pleased to announce that it has released its financial results for the fourth quarter of 2015, for the period ended January 31, 2015. For more information please see the Company’s Annual Financial Statements and Management’s Discussion and Analysis (“MD&A”) posted on SEDAR at www.sedar.com. As at January 31, 2015, Aberdeen’s Shareholders’ Equity (or Net Asset Value, “NAV”) was $35.9 million, or $0.37 per share. Aberdeen’s shareholders’ equity increased by $4.8 million from $31.1 million at the end of Q3 2015. The increase in shareholders’ equity was due to the performance of Aberdeen’s equity investment portfolio in the fourth […]

PORT LOUIS, MAURITIUS, April 29, 2015:  African Thunder Platinum Limited (“ATP” or the “Company”) is pleased to announce that it has commenced shipping platinum group metals (“PGM”) concentrate from its Smokey Hills mine, located in the Limpopo Province, South Africa. The restart of Smokey Hills continues as the mine shipped its first concentrate on April 18, 2015. The shipment follows the start of mining activities in January and successful commissioning of the plant at the end of March of this year. With almost 700 employees on site, management is confident that the mine is on track to achieve full ramp […]

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 […]

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 […]

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 […]