TORONTO, ONTARIO — (Marketwired) — 11/20/14 — Aberdeen International Inc. (TSX: AAB) („Aberdeen“ or the „Company“) today responds to the material inaccuracies and false allegations in the public letter disseminated by Meson Capital Partners LLC („Meson Capital“) on November 18, 2014. In particular:
The Company believes it is in the best interest of shareholders to remain focused on its current business activities and investment opportunities rather than responding to these materially inaccurate and false allegations. However, given the potentially damaging effects of the actions of Meson Capital, management believes it is important to correct the public record so shareholders are not misled by these inaccurate statements.
We intend to continue to serve the best interests of our shareholders by focusing on our current business activities and investment opportunities.
About Aberdeen International Inc:
Aberdeen is a publicly traded global investment and merchant banking company focused on small cap companies in the resource sector. Aberdeen will seek to acquire significant equity participation in pre-IPO and/or early stage public resource companies with undeveloped or undervalued high-quality resources. Aberdeen will focus on companies that: (i) are in need of managerial, technical and financial resources to realize their full potential; (ii) are undervalued in foreign capital markets; and/or (iii) operate in jurisdictions with low to moderate local political risk. Aberdeen will seek to provide value-added managerial and board advisory services to companies.
For additional information, please visit our website at and follow us on Facebook and Twitter: AberdeenAAB.
Cautionary Note
Except for statements of historical fact contained herein, the information in this press release constitutes „forward-looking information“ within the meaning of Canadian securities law. Such forward-looking information may be identified by words such as „plans“, „proposes“, „estimates“, „intends“, „expects“, „believes“, „may“, „will“ and include without limitation, statements regarding the ability to complete the proposed private placement, proposed use of proceeds, the business activities of the Company and possible investment opportunities, the potential of certain investments, the ability of the Company to generate additional value for shareholders, the ability of the Company to enter into a definitive agreement with respect to announced transactions and close such transactions, and past success as an indicator of future success. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements. Factors that could cause actual results to differ materially include, among others, metal prices, competition, financing risks, acquisition risks, risks inherent in the mining industry, regulatory risks and other risks described in Aberdeen–s annual information form. Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.
Contacts: Aberdeen International Inc. Mike McAllister Manager, Investor Relations +1 416-309-2134
Aberdeen International Inc. David Stein President and Chief Executive Officer +1 416-861-5812
Only registered users can comment.
