INVESTORS

Stock Quote – TSX: AAB

Investments fair value through profit and loss

At July 31, 2022, the Company’s investment portfolio consisted of fourteen publicly traded investments and thirteen privately held investments for a total fair value of $40,299,780 (January 31, 2022 – $39,398,978).

Public investments

At July 31, 2022, the Company had fourteen publicly traded investments with a total fair value of $9,955,196.

Public Issuer

Note

Security description

Cost

Estimated

Fair value

% of FV

AmmPower Corp.

 

1,000,000 warrants expire Mar 24, 2024

$110,680

$143,600

1.4%

EV Techonogy Group Ltd.

(iii)

2,978,286 common shares

3,215,022

4,705,692

47.3%

Flora Growth Corp.

(iii)

248,181 common shares

1,640,421

202,736

2.0%

Gamesquare Esport Inc.

(iii)

28,000 common shares

115,399

4,000

0.0%

  

1,200,000 warrants expire Oct 2, 20220.

  

0%

Jourdan Resources Inc.

(i,ii,iii)

17,333,333 common shares

660,904

1,768,033

17.8%

  

5,000,000 warrants expire Sep 21, 2022

  

0.0%

  

2,000,000 warrants expire Nov 25, 2023

  

0.0%

Medivolve Inc.

(iii)

24,101,803 common shares

1,687,126

1,638,923

16.5%

  

24,101,803 warrants expire July 8, 2026

  

0.0%

O2Gold Inc.

 

1,916,000 common shares

274,865

19,160

0.2%

Q-Gold Resources Ltd.

(i,ii,iii)

6,531,667 common shares

858,125

331,583

3.3%

  

1,666,667 warrants expire Mar 23, 2023

  

0.0%

Silo Wellness Inc.

(iii)

69,125 common shares

307,765

138,315

1.4%

  

25,000 warrants expire Mar 1, 2023

  

0.0%

Sulliden Mining Capital Inc.

(iii)

3,839,607 common shares

430,344

268,772

2.7%

Xander Resources Inc.

(i,ii,iii)

7,142,857 common shares

500,000

734,286

7.4%

  

7,142,857 warrants expire May 3, 2025

   

Total of 3 other investments

(iv)

 

629,767

96

0.0%

Total public investments

  

$10,430,418

$9,955,196

100.0%

Note

(i) The Company has filed a Section 62-103 report pursuant to the Securities Act (Ontario) for this investment and has filed an early warning report on SEDAR.
(ii) The Company owns, on a partially diluted basis, at least a 10% interest in the investee as at July 31, 2022.
(iii) A director and/or officer of the Company is a director and/or officer of the investee corporation as at July 31, 2022.
(iv) Total other investments held by the Company are not individually listed as at July 31, 2022. Directors and officers may hold investments personally.

Private investments

At July 31, 2022, the Company had thirteen privately held investments with a total estimated fair value of $30,344,584.

Private IssuerNote Security descriptionCost

Estimated

Fair value

% of FV
Progressus Clean Technologies Inc.(i)  25,000,000 common shares$  6,386,99916,497,91854.4%
African Thunder Platinum Limited(i,ii,iii) 72,440,807 common shares15,244,8930.0%
 (v) 46,230,979 options   
 (v) 46,230,979 options   
 (v) 55,477,175 options   
 (v) 64,723,371 options   
Brazil Potash Corp.(iii) 2,512,406 common shares3,957,92112,887,63742.5%
International Cobalt Inc.(i,ii) 66.67% of interest980,00043,0790.1%
NeXtGen Biologics Inc.(iii) 149,253 common shares633,950633,9502.1%
Exploraciones De Sl Cordero S.A De C.V.(iii) 2,820,000 common shares282,000282,0000.9%
Total of 7 other investments(iv)2,786,6220.0%
  $  30,272,385$  30,344,584100.0%

Note

(i) The Company owns 66.7% of the outstanding common shares of International Cobalt Inc., 41.67% of the outstanding common shares of Progressus Clean Technologies Inc. (“Progressus”) and 16.9% of the outstanding common shares and voting rights of African Thunder Platinum Limited (“ATPL”). There are no contractual arrangements, financial support, or other restrictions with these companies. Refer to Note 2 for details relating to the exemption to consolidating particular subsidiaries and the exemption from accounting for associates using the equity method for investment entities.
(ii) The Company owns, on a partially diluted basis, at least a 10% interest in the investee as at July 31, 2022.
(iii) A director and/or officer of the Company is a director and/or officer of the investee corporation as at July 31, 2022.
(iv) Total other investments held by the Company are not individually listed as at July 31, 2022. Directors and officers may hold investments personally.
(v) The option period is defined as the period beginning on the earlier of (i) the date upon which proceeds of sale or disposal of all, or part of ATPL assets except Kalplats project; (ii) the date upon which shareholders enter into an agreement to sell all ATPL assets to a third party, and (iii) the date upon which ATPL enters into an agreement with an arm’s length third party to sell its rights to Kalplats Project, and ending on the date which is three years thereafter. As none of these conditions have been met, these options are not presently exercisable.

Aberdeen International’s SEDAR filings