TORONTO, May 13, 2024 (GLOBE NEWSWIRE) -- ABERDEEN INTERNATIONAL INC. (“Aberdeen” or the “Company”) (TSX: AAB) announces that it has sold 5,217,000 common shares of AmmPower Corp. (“AmmPower”) (CSE: AMMP) during the period March 20, 2024 to May 13, 2024, which has resulted in Aberdeen’s ownership being reduced by 19.7%. As of the date hereof, Aberdeen holds 21,217,925 common shares of AmmPower, representing 13.17% of the issued and outstanding shares of Ammpower. The Company reviews its holdings
Total investment loss of $3.3 million and $10.2 million for the three and nine months ended October 31, 2023, comprised of realized losses on investments of $0.9 million and $3.3 million and unrealized losses on investments of $2.4 million and $6.9 million for the respective three and nine month periods.As at October 31, 2023, Aberdeen's shareholders' equity was $17.2 million, or $0.12 per basic share. Investments in clean energy inputs and technologies such as Ammpower Corp. and Consolidated Li