It is anticipated that the payment date for the second semi-annual
dividend of $0.01 will be made on September 30, 2012, to be determined in
accordance with the policies of the Toronto Stock Exchange.
The Company's opinion is that the dividend policy sends a message to
the market that Aberdeen's business model is sustainable and generates
significant free cash flow. Our first and most important priority will be
to continue making great investments in early-stage resource companies,
while returning a relatively small amount of capital to our shareholders.
The Company believes this will simultaneously enhance shareholder value,
while providing the Company with the flexibility and liquidity to pursue
its corporate objectives.
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 18 to 24 month investment time frame.
For additional information, please visit our website at www.aberdeeninternational.ca
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 impact of the
dividend policy; 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; the proposed dividend policy; 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.