News Releases

January 26, 2015

Another Independent Proxy Adviser Joins Growing List of Support for Aberdeen

TORONTO, ONTARIO–(Marketwired – Jan. 26, 2015) – Aberdeen International Inc. (TSX:AAB) highlights leading independent proxy advisory firm Glass Lewis’ support for the current board. While Glass Lewis is the latest in a growing list of objective third parties to support Aberdeen’s board and reject the cashless takeover attempt by Ryan Morris and Nightscape Capital, Aberdeen urged all shareholders to vote the BLUE proxy to send a strong message to Ryan Morris and Nightscape Capital that a cashless takeover at their expense will not be tolerated. While Ryan Morris and Nightscape Capital continue to fight tooth and nail at the expense of all other long-term Aberdeen shareholders to preserve their failing take-over attempt, the facts and opposition to their value destroying […]
January 21, 2015

Support Continues to Grow for Current Aberdeen Board

TORONTO, ONTARIO–(Marketwired – Jan. 21, 2015) – Court sides with Aberdeen, rejects dissidents ‘ position, and awards costs against the dissidents ISS recommends shareholders reject dissidents ‘ attempt to take control of Aberdeen Shareholders express concern about Ryan Morris ‘ previous complaints to the SEC and possible criminal investigation in Mexico Aberdeen International Inc. (TSX:AAB) thanked shareholders for their overwhelming support of the current board of directors, highlighted the growing number of endorsements for the company’s position and addressed mounting shareholder concern about the controversies swirling around Ryan Morris. Just six days after leading independent proxy advisory firm Institutional Shareholder Services (“ISS”) recommended that shareholders reject Ryan’s attempt to take control of Aberdeen’s board of directors, the facts and […]
January 19, 2015

Leading Independent Advisory Firm Recommends Shareholders Reject Dissident Attempt to Take Control of Aberdeen International

TORONTO, ONTARIO–(Marketwired – Jan. 19, 2015) – Aberdeen International Inc. (TSX:AAB) comments on the Friday January 16, 2015 report by independent proxy advisory firm Institutional Shareholder Services (“ISS”), recommending that shareholders reject Ryan Morris’ attempt to take control of Aberdeen’s board of directors. In its recommendation ISS highlighted the success of the current board in the midst of a challenging mining market and the need for strong, experienced leadership: Outperformed the Market Vectors Junior Gold Miners ETF over 1-, 3- and 5-year periods by approximately 60.4%, 5.0% and 23.1% respectively. Total compensation for the company’s executives has steadily decreased over the past three years. After examining Ryan’s slate of dissident nominees […]
January 14, 2015

Aberdeen International Alerts Shareholders to Destructive Dissident and Importance of Current Board’s Action Plan for Value Creation

TORONTO, ONTARIO–(Marketwired – Jan. 14, 2015) – Aberdeen International Inc. (TSX:AAB) has issued the attached letter to shareholders alerting them to the destructive consequences of dissident Ryan Morris’ actions. The letter also highlights the importance of supporting the current experienced board as they implement a real plan for long-term value creation for all shareholders. Highlights of the letter include: A demonstration of how Ryan’s interest is directly opposed to the interests of all other long-term shareholders. Ryan only really became interested in Aberdeen in the last three months and has admitted he wants to make a short-term profit and get out of his stock by liquidating as […]
January 7, 2015

Aberdeen Files Information Circular Outlining Plan for Value Creation and Exposing Dissident Self-Interest

TORONTO, ONTARIO–(Marketwired – Jan. 7, 2015) – Aberdeen International Inc. (TSX:AAB) (“Aberdeen” or the “Company”) has filed a management information circular in response to a requisition of a meeting of Aberdeen’s shareholders by Meson Capital Partners, LLC and Nightscape Capital (UK) LLP. While the Company remains concerned that the requisition by the dissidents is largely a smear campaign aimed at promoting the dissidents’ self-interested agenda, the Company was nonetheless required to call a special meeting of shareholders to deal with these matters. The Company will hold the meeting on Tuesday, February 3, 2015 and has formed a special committee of independent directors comprised of Messrs. Bernard Wilson, FCPA, FCA, ICD.D (Chair), John […]