Aberdeen International Inc. - Early Warning Press Release
TORONTO, Feb. 05, 2024 -- ABERDEEN INTERNATIONAL INC. (“Aberdeen” or the “Company”) (TSX: AAB) announces that it has sold 3,569,000 common shares of AmmPower Corp. (“AmmPower”) (CSE: AMMP) during the period January 11, 2024 to January 31, 2024, which has resulted in Aberdeen’s ownership being reduced by 10.8%. As of the date hereof, Aberdeen holds 29,544,925 common shares of AmmPower, representing 18.7% of the issued and outstanding shares of Ammpower.
The Company reviews its holdings from time to time and may increase or decrease its position as future circumstances may dictate.
This news release is being issued in accordance with National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the filing of an early warning report dated February 2, 2024. The early warning report respecting the occurrence giving rise to this filing has been filed on System for Electronic Document Analysis and Review ("SEDAR") at www.sedar.com under AmmPower’s issuer profile.
ABOUT ABERDEEN INTERNATIONAL INC.
Aberdeen International is a global resource investment company and merchant bank focused on small capitalization companies in the rare metals and renewable energy sectors.
For additional information, please visit our website at www.aberdeen.green
For further information, please contact:
Martin SchuermannChief Executive OfficerAberdeen International Inc.Martin.Schuermann@aberdeen.green(416) 861-2267