Magma MetalsHmm AAB just added ~0.05 to its NAV today. MMB.AX is trading around 0.585.
TORONTO, ONTARIO--(Marketwire - May 14, 2008) - ABERDEEN INTERNATIONAL INC. ("Aberdeen" or the "Company") (TSX:
AAB.TO) is pleased to announce that its investment in Magma Metals Limited ("Magma")(ASX:
MMB.AX) has closed with the approval of Magma's shareholder vote on May 8th, 2008. Aberdeen has acquired 5,714,286 shares of Magma at a price of A$0.35, which represents approximately 5.8% of the issued shares of Magma, and 2,857,143 warrants with an exercise price of A$.50 and a term of two years.