INVESTORS

Stock Quote – TSX: AAB

Investments fair value through profit and loss

At January 31, 2022, the Company’s investment portfolio consisted of fourteen publicly traded investments and fourteen privately held investments for a total fair value of $39,398,978.

Public investments

At January 31, 2022, the Company had fourteen publicly traded investments with a total fair value of $8,739,574.

Public IssuerNoteSecurity descriptionCost

Estimated

Fair value

% of FV
AmmPower Corp. 1,000,000 warrants expire Mar 24, 2024$ 110,680$ 254,5002.9%
Blue Sky Energy Inc.(i,ii,iii)4,656,680 common shares2,434,1661,210,73713.9%
Earthrenew Inc.(iii)1,745,387 common shares646,851305,4433.5%
Flora Growth Corp.(iii)583,000 common shares3,853,5001,267,99514.5%
Gamesquare Esport Inc.(iii)28,000 common shares115,39944,4200.5%
  1,200,000 warrants expire Oct 2, 2022   
Jourdan Resources Inc.(i,ii,iii)17,333,333 common shares660,9041,179,93313.5%
  5,000,000 warrants expire Sep 21, 2022   
  2,000,000 warrants expire Nov 25, 2023  0.0%
Medivolve Inc.(iii)24,101,803 common shares1,687,1263,053,69834.9%
  24,101,803 warrants expire July 8, 2026   
O2Gold Inc. 1,916,000 common shares274,86595,8001.1%
Q-Gold Resources Ltd.(i,ii,iii)6,531,667 common shares858,125780,1508.9%
  1,666,667 warrants expire Mar 23, 2023   
Silo Wellness Inc.(iii)1,382,500 common shares307,76566,8630.8%
  500,000 warrants expire Mar 1, 2023   
Sulliden Mining Capital Inc.(iii)3,839,607 common shares430,344479,9515.5%
Total of 3 other investments(iv) 629,767840.0%
Total public investments  $ 12,009,492$ 8,739,574100.0%

Note

  1. 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.
  2. The Company owns, on a partially diluted basis, at least a 10% interest in the investee as at January 31, 2022.
  3. A director and/or officer of the Company is a director and/or officer of the investee corporation as at January 31, 2022
  4. Total other investments held by the Company are not individually listed as at January 31, 2022. Directors and officers may hold investments personally.

 

Private investments

At January 31, 2022, the Company had fourteen privately held investments with a total estimated fair value of $30,659,404.

Private IssuerNote Security descriptionCostEstimated Fair value% of FV
Progressus Clean Technologies Inc.(i) 25,000,000 common shares$ 6,386,99916,497,91853.8%
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 shares3,957,92112,782,11641.7%
EV Techonogy Group Inc.(iii) 300,000 common shares376,740381,5701.2%
International Cobalt Inc.(i,ii) 66.67% of interest980,00081,8500.3%
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%
Total private investments $ 30,649,125$ 30,659,404100.0%

Note

  1. 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.
  2. The Company owns, on a partially diluted basis, at least a 10% interest in the investee as at January 31, 2022.
  3. A director and/or officer of the Company is a director and/or officer of the investee corporation as at January 31, 2022.
  4. Total other investments held by the Company are not individually listed as at January 31, 2022. Directors and officers may hold investments personally.
  5. 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