Aberdeen International Inc. 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 were elected as directors of the Company. Aberdeen management would like to thank shareholders for their participation and continuing support. Detailed results of the [...]
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 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 [...]
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 [...]
Aberdeen International Inc. 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 [...]
Aberdeen International Inc. is pleased to share an update regarding its recent acquisition, AES-100 Inc., from T2M Global. AES-100 has been selected by US Department of Energy to be deployed at Hawaii Gas in order to improve overall efficiency of Synthetic Natural Gas production and the extraction of pure hydrogen from a low-purity waste syngas stream. The expected benefits are an improved cost of production of natural [...]
Aberdeen International Inc. is pleased to share an update regarding its recent acquisition, AES-100 Inc., from T2M Global. AES-100 has been selected by US Department of Energy to be deployed at Hawaii Gas in order to improve overall efficiency of Synthetic Natural Gas production and the extraction of pure hydrogen from a low-purity waste syngas stream. The expected benefits are an improved cost of production of natural [...]
Aberdeen International Inc. is pleased to share an update regarding its recent acquisition, AES-100 Inc. AES-100 Inc. is currently investigating whether hydrogen production could, under the right conditions, offer a solution to U.S. and European nuclear reactors from retiring early as well as support newer reactors to run at their highest efficiency. While nuclear energy supplies 19% of the energy consumed in the US and [...]
Aberdeen International Inc. is pleased to share an update regarding its recent acquisition, AES-100 Inc. AES-100 Inc. is currently investigating whether hydrogen production could, under the right conditions, offer a solution to U.S. and European nuclear reactors from retiring early as well as support newer reactors to run at their highest efficiency. While nuclear energy supplies 19% of the energy consumed in the US and [...]
Aberdeen International Inc. is pleased to share an update regarding its recent acquisition, AES-100 Inc. . Pinakin Patel, President of T2M Global, will lead a panel on fuel cells and batteries at the 2021 Port of the Future Virtual Conference organized by the University of Houston in Texas. Mr. Patel will discuss the vision for a multi-purpose energy station, built on the Advanced Electrolyzer System technology platform [...]
Aberdeen International Inc. is pleased to share some exciting updates regarding its recent acquisition, AES-100 Inc. . The California Energy Commission has selected the Advanced Electrolyzer System technology for hydrogen energy storage. AES will recover hydrogen from waste syngas sources using excess electricity. "This is a Win-Win solution for California State by creating higher Value from Waste," said Pinakin Patel [...]
Aberdeen International Inc. is pleased to share some exciting updates regarding its recent acquisition, AES-100 Inc. The Advanced Electrolyzer System is a world-class system created by the team led by Pinakin Patel at T2M Global. Its proprietary technology allows for much lower cost production of hydrogen with no greenhouse gas emissions. AES is the only technology capable of producing high purity green hydrogen at highly [...]
Aberdeen International is pleased to announce it has closed a transaction to acquire 41.67% of AES-100 Inc., first announced on February 1, 2021. Aberdeen issued a total of 25 million common shares to the shareholders of AES-100 Inc. in exchange for a 41.67% equity interest in AES-100 Inc. No finder fees were paid in connection with, and no change of control of Aberdeen resulted from, the transaction. AES-100 Inc. has [...]
