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Aberdeen International Inc T.AAB

Alternate Symbol(s):  AABVF

Aberdeen International Inc. (Aberdeen) is a Canada-based global resource investment company and merchant bank. The Company is focused on small capitalization companies in the rare metals and renewable energy sectors. Aberdeen’s primary investment objective is to realize returns by investing in pre-IPO and/or early-stage public resource companies with undeveloped or undervalued quality resources. The Company’s strategy is to optimize the return on its investments over a 24 to 36-month investment time frame. The Company’s investment portfolio consists of nine publicly traded investments and 14 privately held investments. The Company focuses on augmenting its investment strategy with a focus on renewable energies, particularly the hydrogen sector. The Company has investments in industries, such as base metals, lithium/energy, health, precious metals, agriculture, clean energy, and others.


TSX:AAB - Post by User

Bullboard Posts
Post by Synchronouson May 14, 2008 2:16pm
153 Views
Post# 15073319

Investment in Magma Metals

Investment in Magma MetalsJust added ~ 0.05 to AAB's share price value? MMB 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.
Bullboard Posts