News Releases

July 15, 2021

Aberdeen Acquires Securities in Medivolve

TORONTO, July 15, 2021 (GLOBE NEWSWIRE) — ABERDEEN INTERNATIONAL INC. (“Aberdeen” or the “Company”) (TSX: AAB) has acquired 24,101,803 units of Medivolve Inc. (“Medivolve”) (NEO: MEDV) in a non-brokered private placement financing of MEDV at a price of $0.07 per unit for a total subscription price of $1,687,126.21. Each unit is comprised of one Medivolve common share and one Medivolve common share purchase warrant. Each common share purchase warrant is exercisable for one common share of Medivolve at a price of $0.08 for a period of five years. Prior to this transaction, Aberdeen did not own Common Shares of MEDIVOLVE. Subsequent to […]
July 15, 2021

Aberdeen Announces AGM Results

TORONTO, July 15, 2021 (GLOBE NEWSWIRE) — Aberdeen International Inc. (“Aberdeen” or the “Company”) (TSX: AAB) (FRANKFURT: A8H) (OTC: AABVF) reports, in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the management proxy circular dated June 14, 2021 for the 2021 annual meeting of shareholders of Aberdeen held on July 15, 2021 (the “Meeting”) were elected as directors of the Company. Aberdeen management would like to thank shareholders for their participation and continuing support. Detailed results of the vote for the election of directors held at the Meeting are set out below. A total of 33,876,003 […]
June 14, 2021

Aberdeen International Inc. (TSX: AAB, FR: A8H, OTC: AABVF) Reports 2021 Q1 Results With Net Income Of $0.02 Per Share And Shareholders’ Equity Of $0.30 Per Share

— Total revenue of $4.0 million, including net gain on investments of $3.9 million — Net income for the three months ended April 30, 2021 was $3.3 million or $0.02 per basic share — As at April 30, 2021, Aberdeen’s shareholders’ equity and net asset value (NAV) were $41.0 million, or $0.30 per share. On a quarter-over-year basis, Aberdeen’s shareholders’ equity has increased by $8.6 million, representing an approximate 26% increase. Given the nature of Aberdeen’s operations, there is currently no difference between “shareholder equity” and “net asset value” for Aberdeen — Investments in clean energy and zero-carbon technologies positioning […]
April 22, 2021

Aberdeen International Inc. (TSX:AAB, FR:A8H, OTC:AABVF) Reinforces Low-Carbon Energy Investment Focus With Appointment of Christopher Younger as Chief Executive Officer

Consistent with Aberdeen’s pivot in clean energy, the Board of Directors has appointed Christopher Younger to lead the company’s cleantech investment strategy Mr. Younger joins Aberdeen from one of the world’s largest ammonia producers, where he was responsible for building out the company’s innovation and sustainability strategies Under a net-zero carbon scenario, CO2 emissions would need to fall by ~45% from 2010 levels by 2030¹; hydrogen/ammonia technologies have potential to be a key enabler TORONTO, April 22, 2021 — Aberdeen International Inc. (“Aberdeen” or the “Company”) (TSX: AAB F:A8H, OTC:AABVF) is pleased to announce the appointment of Christopher Younger as Chief […]
April 21, 2021

Aberdeen International Mourns the Passing of Board Member Maurice J. Colson

TORONTO, April 21, 2021 — Aberdeen International Inc. (“Aberdeen” or the “Company”) (TSX: AAB F:A8H, OTC:AABVF) is saddened to announce the death of board member Maurice “Moe” Colson who passed away recently. “Moe was an extraordinary board member but an even better person,” said Ryan Ptolemy, CFO of Aberdeen. “It was a great privilege to work alongside Moe, and I speak for the management team and board of directors when I say that his business acumen and friendship will be deeply missed.” Mr. Colson served as an independent director at Aberdeen since January 2015. In addition to his duties as a board […]