Dacha Strategic Metals has mutually agreed with Aberdeen International Inc. to terminate the previously announced business combination agreement between Dacha and Aberdeen (For further information on the proposed business combination please see the joint press release of Dacha and Aberdeen dated August 15, 2012). Dacha and Aberdeen were not able to secure satisfactory assurances from the Toronto Stock Exchange that the [...]
TORONTO, ONTARIO -- (Marketwire) -- 10/12/12 -- Aberdeen International Inc. ("Aberdeen" or the "Company") (TSX: AAB) announces that due to potential regulatory challenges set out below, the parties have mutually agreed to terminate the previously announced business combination agreement entered into between the Company and Dacha Strategic Metals Inc. ("Dacha") (See Press Release dated August 15, 2012). Dacha and [...]
TORONTO, ONTARIO -- (Marketwire) -- 09/14/12 -- Aberdeen International Inc. ("Aberdeen", or the "Company") (TSX: AAB) today announces that in accordance with the Company's annual dividend policy it will pay a dividend of Cdn$0.01 payable on September 30, 2012, to shareholders of record as of the close of business on September 20, 2012. This dividend payment will complete the Company's annual dividend payments for 2012 [...]
TORONTO, ONTARIO -- (Marketwire) -- 09/14/12 -- ABERDEEN INTERNATIONAL INC. ("Aberdeen", or the "Company") (TSX: AAB) is pleased to announce that it has released its financial results for the second quarter of 2013, ended July 31, 2012. 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.
Dacha Strategic and Aberdeen are pleased to announce that they have entered into a definitive agreement pursuant to which Dacha and Aberdeen will, subject to shareholder, court and regulatory approvals, enter into a plan of arrangement pursuant to which Dacha will acquire all of the outstanding shares of Aberdeen and Aberdeen will become a wholly owned subsidiary of Dacha (the "Transaction"). Under the terms of the [...]
Aberdeen today announces that the value of its investment portfolio as at July 31, 2012, the end of its 2013 second fiscal quarter, was approximately $71.4 million including a cash balance of $4.1 million. This equates to a value of $0.83 per basic share outstanding based on Aberdeen's investment portfolio alone, and with the exception of changes in working capital items and corporate income taxes, should approximate [...]
Aberdeen is pleased to announce that it has released its financial results for the first quarter of 2013, ended April 30, 2012. For more information please see the Company's Condensed Interim Financial Statements and Management's Discussion and Analysis posted on SEDAR. As at April 30, 2012, Aberdeen's Shareholders' Equity was $79.2 million, or $0.91 per share. Aberdeen's shareholders' equity decreased by $16.9 million [...]
Aberdeen is pleased to announce David Stein, the Company's current President and Chief Operating Officer has been appointed as the Chief Executive Officer of the Company. In connection with Mr. Faught's resignation as Chief Executive Officer, he has been appointed as the Vice-Chairman of the Board of Directors and will remain a director of the Company. The Company would like to congratulate Mr. Faught for his successful [...]
Aberdeen is pleased to announce it has closed its previously announced sale of its 1% net smelter return royalty on gold produced from certain mineral concessions comprising Village Main Reef Limited's Buffelsfontein Mine and First Uranium Corporation's Mine Waste Solutions tailings recovery project located in South Africa to Premier Royalty Corporation, a private Ontario company, wholly-owned by Premier Gold Mines [...]
Aberdeen International today announces that the value of its investment portfolio as at April 30, 2012, the end of its first fiscal quarter for the year ended January 31, 2013, was approximately $61.8 million including a cash balance of $2.0 million. This equates to a value of approximately $0.71 per share based on Aberdeen's investment portfolio alone and does not include the value of its gold royalties. This report of [...]
Aberdeen is pleased to announce that it has released its financial results for the fiscal year ended January 31, 2012. For more information please see the Company's annual financial statements and Management's Discussion and Analysis posted on SEDAR. As at January 31, 2012, Aberdeen's Shareholders' Equity was $96.1 million, or $1.12 per share. Aberdeen's shareholders' equity decreased by $17.9 million from $114.0 million [...]
Aberdeen is pleased to announce it has entered into an agreement with Premier Royalty, a private Ontario company, wholly-owned by Premier Gold Mines, regarding the sale by Aberdeen of its 1% net smelter return royalty on gold produced from certain mineral concessions comprising Village Main Reef Limited's Buffelsfontein Mine and First Uranium Corporation's Mine Waste Solutions tailings recovery project located in South [...]