- Cautions a vote for Ryan Morris is not "consequence free" due to track record of value destruction - Warns against Nightscape Capital's Elio Lombardi's attempt to distance self from Ryan Morris; notes they are 'two sides of the same value-destroying coin' - Highlights growing list of third parties to reject dissidents' cashless takeover including ISS and Glass Lewis TORONTO, ONTARIO--(Marketwired - Jan 28 [...]
- Glass Lewis joins ISS in rejecting dissidents' board takeover attempt and points to the considerable risk and uncertainty associated with Ryan Morris and Nightscape Capital - The Ontario Superior Court of Justice provides written judgment dismissing the dissidents' application and points to the confusing nature of the dissidents' proxy - As momentum grows in support of the current board all shareholders are urged to [...]
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 [...]
- ISS highlights that under the current board Aberdeen has outperformed Market Vectors Junior Gold Miners ETF and steadily reduced compensation for three straight years - Warns inexperienced dissident slate may put company at a higher risk 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 [...]
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 [...]
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 [...]
TORONTO, ONTARIO--(Marketwired - Dec 30, 2014) - Aberdeen International Inc. (TSX:AAB) ("Aberdeen" or the "Company"), further to its press release dated November 14, 2014, is pleased to announce that through its wholly owned subsidiary Great Lakes Capital Management Inc. ("Great Lakes"), the Company has completed its investment into a privately held Mauritius company, African Thunder Platinum Limited ("ATP"). The Company [...]
TORONTO, ONTARIO--(Marketwired - Dec 16, 2014) - Aberdeen International Inc. ("Aberdeen", or the "Company") (TSX:AAB) has released its financial results for the third quarter of 2015, ended October 31, 2014. For more information please see the Company's Condensed Interim Financial Statements and Management's Discussion and Analysis ("MD&A") posted on SEDAR at www.sedar.com. As at October 31, 2014, Aberdeen's [...]
TORONTO, ONTARIO--(Marketwired - Dec 10, 2014) - Aberdeen International Inc. (TSX:AAB) ("Aberdeen" or the "Company") today continued on its path to enhance its Board of Directors and implement governance best practices by announcing certain Board changes that will strengthen the overall expertise, independence, and accountability of the Board to shareholders. The renewed Board will include the appointment of three highly [...]
Aberdeen International has closed its previously announced non-brokered private placement financing of 10,000,000 units of the Company (the "Units" at a price of $0.20 per Unit for gross proceeds of $2,000,000. Each Unit consist of one common share of the Company and one common share purchase warrant entitling the holder to acquire a common share at a price of $0.30 until November 24, 2019.
TORONTO, ONTARIO--(Marketwired - Nov 20, 2014) - Aberdeen International Inc. (TSX:AAB) ("Aberdeen" or the "Company") today responds to the material inaccuracies and false allegations in the public letter disseminated by Meson Capital Partners LLC ("Meson Capital") on November 18, 2014. In particular: The $2,000,000 private placement financing previously announced on November 11, 2014 is not substantially subscribed by [...]
TORONTO, ONTARIO--(Marketwired - Nov 14, 2014) - Aberdeen International Inc. (TSX:AAB) ("Aberdeen" or the "Company") further to its press release dated November 11, 2014 the Company announces that it has made an initial investment of $4,674,785 in the aggregate into a privately held Mauritius company, African Thunder Platinum Ltd. ("ATP") to indirectly acquire certain advanced stage platinum property interests located in [...]
