Aberdeen International Inc. (TSX: AAB, FR: A8H, OTC: AABVF) Reports Q3 Results, Executing on Our Strategy, With Strong Portfolio Monetization of Non-Core Positions and a Continued Focus on Clean Energy Performance year-to-date represents a 71% increase in net income and 101% increase in total revenues over the same period in 2020Realized gain on investments was $4.2 million, offset by an unrealized loss on investments of $8.1 million, for net loss on investments of $3.9 million for the three months ended October 31, 2021As at October 31, 2021, Aberdeen's shareholders' equity was $46.6 mil...
Aberdeen International Inc. (TSX: AAB, FR: A8H, OTC: AABVF) Reports 2021 Q2 Results With Net Income of $0.08 Per Share Representing 300% Quarter-Over-Quarter Growth and 167% Year-Over-Year Growth Total revenue of $11.6 million, including net gain on investments of $11.5 million for the three months ended July 31, 2021Net income for the three months ended July 31, 2021 was $10.9 million or $0.08 per basic shareAs at July 31, 2021, Aberdeen's shareholders' equity and net asset value (NAV) were $51.9 million, or $0.38 per basic share. On a quarter-over-quarter basis, Aberdeen's shareholders' ...
Aberdeen Investee, AES-100 Inc., Reports Technical Viability of Hydrogen Extraction From Natural Gas Pipelines Using the Advanced Electrolyzer System Technology TORONTO, Sept. 09, 2021 (GLOBE NEWSWIRE) -- Aberdeen International Inc. (“Aberdeen” or the “Company”) (TSX: AAB) (F: A8H) (OTC: AABVF) is pleased to announce that the team at AES-100 Inc. (“AES-100”), a 41.67% subsidiary of the Company, have now demonstrated results in the new and critical area of hydrogen recovery from natural gas pipelines for the Advanced Electrolyzer System (“AES”). AES was developed by Pinakin Patel and his t...
Clean Technology Industry Veteran, Martin Schuermann, Appointed as Aberdeen’s Executive Chairman of the Board of Directors Clean technology transportation pioneer, Martin Schuermann, appointed as Executive Chairman of Aberdeen’s Board of DirectorsMr. Schuermann to drive refined focus on downstream, transportation and consumer-facing low-carbon strategyWith addition of Mr. Schuermann, the Company elevates its governance, deal sourcing and execution capabilities TORONTO, Aug. 09, 2021 (GLOBE NEWSWIRE) -- Aberdeen International Inc. (“Aberdeen” or the “Company”) (TSX: AAB) (F: A8H) (OTC: AA...
PowerTap Hydrogen Capital Corp. (NEO: MOVE) (FWB:2K6B) (OTC: MOTNF) Acquires 49% of AES-100 Inc. to Accelerate Application of the Advanced Electrolyzer System in Hydrogen Refueling Infrastructure PowerTap Hydrogen Capital Corp. (PowerTap) acquisition implies ~200% return on Aberdeen’s investment in AES-100 Inc. over an approximate five month periodAberdeen gains strategic partner to accelerate commercialization of the Advanced Electrolyzer System (AES) in global transportation applicationsPowerTap brings significant technical and financial resources to support commercialization of the AES t...
Aberdeen Announces AGM Results TORONTO, July 15, 2021 (GLOBE NEWSWIRE) -- Aberdeen International Inc. (“Aberdeen” or the “Company”) (TSX: AAB) (FRANKFURT: A8H) (OTC: AABVF) 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 (the “Meeting”) were elected as directors of the Company. Aberdeen management would like to thank shareholders for their participation and continuing support. Detailed results of the vote for t...
Aberdeen International Looks to Expand Into Hydrogen Renewable Energy TORONTO, Dec. 17, 2020 (GLOBE NEWSWIRE) -- Aberdeen International Inc. (“Aberdeen” or the “Company”) (TSX: AAB) is pleased to announce its intention to augment its investment strategy with a larger focus on renewable energies, particularly the hydrogen sector. The Company believes that the hydrogen sector is on the verge of a breakthrough due to the clean tech revolution and its economic advantages over incumbent fueling technologies. Hydrogen’s high energy to mass ratio makes it particularly suitable for heavy-duty, l...
Aberdeen Announces AGM Results TORONTO, Sept. 24, 2020 (GLOBE NEWSWIRE) -- Aberdeen International Inc. (“Aberdeen” or the “Company”) (TSX: AAB) reports, in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the management proxy circular dated August 24, 2020 for the 2020 annual meeting of shareholders of Aberdeen held on September 24, 2020 (the “Meeting”) were elected as directors of the Company. Shareholders at the Meeting also approved the appointment of the Company’s auditors. Aberdeen management would like to thank shareholders for their participat...
Aberdeen Closes Private Placement Financing THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION TO THE UNITED STATES TORONTO, July 31, 2020 (GLOBE NEWSWIRE) -- ABERDEEN INTERNATIONAL INC. (“Aberdeen” or the “Company”) (TSX: AAB) announces it has completed a fully-subscribed non-brokered private placement financing of 16,000,000 units of the Company (the “Units”) at a price of $0.05 per Unit for gross proceeds of $800,000 (the “Offering”). Each Unit consists of one common share of the Compa...
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