Aberdeen International Inc T.AAB

Alternate Symbol(s): AABVF

Financial Services Asset Management

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

Aberdeen International Inc

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Post by stopedouton Mar 11, 2009 12:51pm

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Post# 15836701

Simmers loan.

I just had a look at the loan agreement (June 16, 2008, material document on SEDAR) and it looks to me that like the loan facility is repayable (note 2.4) "unless the facility has been converted in accordance with Section 2.10". Reading section 2.10, it looks like if Simmers shareholders do not agree to the share conversion, then the company gets the 1% royalty in payment for the loan facility. So they don't get the US$10 million as well.

That is my read on the situation.

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