Total investment loss of $3.9 million for the three months ended April 30, 2023, comprised of realized losses on investments of $0.3 million and unrealized loss on investments of $3.6 million As at April 30, 2023, Aberdeen's shareholders' equity was $24.2 million, or $0.16 per basic share Investments in clean energy inputs and technologies such as AmmPower Corp., EV Technology Group and Jourdan continue to be core to [...]
Aberdeen International Inc. is pleased to announce the appointment of Mr. Martin Schuermann as Executive Chairman of the Company. Mr. Schuermann replaces Mr. Stan Bharti as Executive Chairman, who has resigned as the Executive Chairman and a director of the Company. The board and management of the Company express their gratitude to Mr. Bharti for his efforts and extensive contributions as Executive Chairman and wish him [...]
Aberdeen International Inc. announces that it has sold 5,663,000 common shares of Xander Resources Inc. on March 6, 2023, which has resulted in Aberdeen's ownership being reduced by 4.8% to less than 10% of the outstanding Xander common shares and Aberdeen ceasing to be an insider of Xander. The Company reviews its holdings from time to time and may increase or decrease its position as future circumstances may dictate [...]
Aberdeen International Inc. is pleased to announce the appointment of Mr. Martin Schuermann as Chief Executive Officer of the Company to streamline its strategy. Mr. Schuermann has been involved in the clean energy sector since 2009, serving as Chief Executive Officer of Vision Motor Corp and Vision Industries , an early innovator in fuel cell vehicles focused on developing zero emission heavy-duty transportation [...]
Aberdeen International Inc. announces that it has sold 7,000,000 common shares of Medivolve Inc. on September 22, 2022, which has resulted in Aberdeen's ownership being reduced by 1.7% to less than 10% of the outstanding Medivolve common shares and Aberdeen ceasing to be an insider of Medivolve The Company reviews its holdings from time to time and may increase or decrease its position as future circumstances may dictate [...]
Total investments gains were $8.8 million for the twelve months ended January 31, 2022. Made up of realized gain on investments of $5.1 million and unrealized gains on investments of $3.7 million As at January 31, 2022, Aberdeen's shareholders' equity was $40.8 million, or $0.30 per basic share. On a year-over-year basis, Aberdeen's shareholders' equity has increased 27% The Company continues to be well positioned as a [...]
Formation of advisory board will accelerate technology development and commercialization for Progressus technology products Pinakin Patel, world renowned hydrogen expert, named as chairman of advisory board for Progressus Clean Technologies Mr. Patel's appointment will ensure Progressus technology meets development and commercial milestones through deep technology and supply chain expertise Mr. Patel brings more than 40 [...]
"Progressus Clean TechnologiesTM" announced as the new name and brand for leading green hydrogen company, AES-100 Inc. New branding under the Progressus Clean Technologies banner a major first step towards successful commercialization of the technology As development of innovative home power unit continues, new name will strategically differentiate product offering in eyes of consumers and new partners alike TORONTO, Feb [...]
After re-focusing the company toward the massive home market for green hydrogen; AES-100 has achieved its first major milestone and is on-track for its accelerated commercial timeline Amidst global supply chain issues, AES-100 is pleased to announce receipt of two major key pieces of equipment. The production cells will enable the next stage of testing for AES-100's at-scale direct-to-consumer green hydrogen power unit [...]
After re-focusing the company toward the massive home market for green hydrogen; AES-100 has achieved its first major milestone and is on-track for its accelerated commercial timeline Amidst global supply chain issues, AES-100 is pleased to announce receipt of two major key pieces of equipment. The production cells will enable the next stage of testing for AES-100's at-scale direct-to-consumer green hydrogen power unit [...]
AES Technology inventor, Pinakin Patel, elected to the California Hydrogen Business Council Board The CHBC is a prestigious group advocating for hydrogen policy at a national level promoting commercialization of new and existing technologies Pinakin's appointment better positions AES to meet the needs of the United States transition to a low-carbon economy TORONTO, Jan. 24, 2022 -- Aberdeen International Inc. is pleased [...]
AES Technology inventor, Pinakin Patel, elected to the California Hydrogen Business Council Board The CHBC is a prestigious group advocating for hydrogen policy at a national level promoting commercialization of new and existing technologies Pinakin's appointment better positions AES to meet the needs of the United States transition to a low-carbon economy