Aberdeen Announces AGM Results
July 07 2014 - 4:05PM
Marketwired Canada
ABERDEEN INTERNATIONAL INC. ("Aberdeen", or the "Company") (TSX:AAB) reports, in
accordance with the policies of the Toronto Stock Exchange, that the nominees
listed in the management proxy circular dated May 30, 2014 for the 2014 Annual
and Special Meeting of shareholders (the "Meeting") were elected as directors of
the Company.
Detailed results of the vote for the election of directors held at the Meeting
on June 26, 2014 in Toronto, Ontario are set out below.
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Votes % Votes Votes % Votes
For For Withheld Withheld
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Stan Bharti 21,780,266 77.52% 6,314,725 22.48%
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George Faught 21,762,666 77.46% 6,332,325 22.54%
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David Stein 21,762,666 77.46% 6,332,325 22.54%
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Michael Hoffman 21,550,666 76.71% 6,544,325 23.29%
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Bruce Humphrey 23,682,566 84.29% 4,412,425 15.71%
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Hon. Pierre Pettigrew, P.C. 23,672,666 84.26% 4,422,325 15.74%
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Bernie Wilson 23,660,666 84.22% 4,434,325 15.78%
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A total of 28,458,792 common shares were voted in connection with the Meeting,
representing approximately 32.5% of the issued and outstanding common shares of
the Company. The results of other matters considered at the Meeting are reported
in the Report of Voting Results as filed by the Company on SEDAR
(www.sedar.com).
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 moderate
local political risk. Aberdeen will seek to provide value-added managerial and
board advisory services to companies. The Corporation's intention will be to
optimize the return on its investment over an 24 to 36 month investment time
frame.
For additional information, please visit our website at
www.aberdeeninternational.ca.
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
past success as an indicator of future success; net asset value of the Company;
the potential of investee companies and the appreciation of their share price;
the Company's plan of business operations; and anticipated returns. 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, and regulatory risks. 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.
FOR FURTHER INFORMATION PLEASE CONTACT:
Aberdeen International Inc.
Mike McAllister
Manager, Investor Relations
+1 416-309-2134
info@aberdeeninternational.ca
Aberdeen International Inc.
David Stein
President and Chief Executive Officer
+1 416-861-5812
dstein@aberdeeninternational.ca
www.aberdeeninternational.ca
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