ENP Newswire -
Release date- 02052014 -
For more information please see the Company's Audited Condensed Annual Financial Statements and Management's Discussion and Analysis ('MD&A') posted on SEDAR at www.sedar.com.
For the twelve months ended
Normal Course Issuer Bid ('NCIB')
During the twelve months ending
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 a 24 to 36 month investment time frame.
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 future intentions of the Company with regard to its shareholdings; 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.
Tel: +1 416-309-2134
President and CEO
Tel: +1 416-861-5812
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