Aberdeen International Inc. announces that it has sold 2,767,000 common shares of AmmPower Corp. during the period September 26, 2023 to October 4, 2023, which has resulted in Aberdeen's ownership being reduced by 6.9%. The Company reviews its holdings from time to time and may increase or decrease its position as future circumstances may dictate. This news release is being issued in accordance with National Instrument [...]
Total investment loss of $3.0 million and $6.9 million for the three and six months ended July 31, 2023, comprised of realized losses on investments of $2.1 million and $2.4 million and unrealized loss on investments of $0.9 million and $4.5 million for the respective three and six month periods. As at July 31, 2023, Aberdeen's shareholders' equity was $20.9 million, or $0.14 per basic share Investments in clean energy [...]
Aberdeen International Inc. reports, in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the management information circular dated June 28, 2023 for the 2023 annual meeting of shareholders of Aberdeen held on August 8, 2023 were elected as directors of the Company. Aberdeen management would like to thank shareholders for their participation and continuing support. Detailed results of [...]
Aberdeen International announces that it has sold 429,000 common shares of AmmPower Corp. on June 12, 2023, 336,500 common shares on June 14, 2023 and 469,000 common shares on June 16, 2023, which has resulted in Aberdeen's ownership being reduced by 2.99%. The Company reviews its holdings from time to time and may increase or decrease its position as future circumstances may dictate. This news release is being issued in [...]
Total investment loss of $3.9 million for the three months ended April 30, 2023, comprised of realized losses on investments of $0.3 million and unrealized loss on investments of $3.6 million As at April 30, 2023, Aberdeen's shareholders' equity was $24.2 million, or $0.16 per basic share Investments in clean energy inputs and technologies such as AmmPower Corp., EV Technology Group and Jourdan continue to be core to [...]
Aberdeen International Inc. is pleased to announce the appointment of Mr. Martin Schuermann as Executive Chairman of the Company. Mr. Schuermann replaces Mr. Stan Bharti as Executive Chairman, who has resigned as the Executive Chairman and a director of the Company. The board and management of the Company express their gratitude to Mr. Bharti for his efforts and extensive contributions as Executive Chairman and wish him [...]
Aberdeen International announces that it has sold 5,663,000 common shares of Xander Resources Inc. on March 6, 2023, which has resulted in Aberdeen's ownership being reduced by 4.8% to less than 10% of the outstanding Xander common shares and Aberdeen ceasing to be an insider of Xander. The Company reviews its holdings from time to time and may increase or decrease its position as future circumstances may dictate. This [...]
Aberdeen International Inc. is pleased to announce the appointment of Mr. Martin Schuermann as Chief Executive Officer of the Company to streamline its strategy. Mr. Schuermann has been involved in the clean energy sector since 2009, serving as Chief Executive Officer of Vision Motor Corp and Vision Industries , an early innovator in fuel cell vehicles focused on developing zero emission heavy-duty transportation [...]
Aberdeen International Inc. announces that it has sold 7,000,000 common shares of Medivolve Inc. on September 22, 2022, which has resulted in Aberdeen's ownership being reduced by 1.7% to less than 10% of the outstanding Medivolve common shares and Aberdeen ceasing to be an insider of Medivolve The Company reviews its holdings from time to time and may increase or decrease its position as future circumstances may dictate [...]
Total investments gains were $8.8 million for the twelve months ended January 31, 2022. Made up of realized gain on investments of $5.1 million and unrealized gains on investments of $3.7 million As at January 31, 2022, Aberdeen's shareholders' equity was $40.8 million, or $0.30 per basic share. On a year-over-year basis, Aberdeen's shareholders' equity has increased 27% The Company continues to be well positioned as a [...]
Formation of advisory board will accelerate technology development and commercialization for Progressus technology products Pinakin Patel, world renowned hydrogen expert, named as chairman of advisory board for Progressus Clean Technologies Mr. Patel's appointment will ensure Progressus technology meets development and commercial milestones through deep technology and supply chain expertise Mr. Patel brings more than 40 [...]
"Progressus Clean TechnologiesTM" announced as the new name and brand for leading green hydrogen company, AES-100 Inc. New branding under the Progressus Clean Technologies banner a major first step towards successful commercialization of the technology As development of innovative home power unit continues, new name will strategically differentiate product offering in eyes of consumers and new partners alike TORONTO, Feb [...]