Aberdeen International Press Releases (Aberdeen)

Aberdeen Reports Shareholders' Equity of $0.76 per Share and Year Ended 2013 Financial Results

Wed, 01 May 2013 07:00:00 -0400

TORONTO, ONTARIO--(Marketwired - May 1, 2013) - ABERDEEN INTERNATIONAL INC. ("Aberdeen", or the "Company") (TSX:AAB) is pleased to announce that it has released its financial results for the year ended January 31, 2013. For more information please see the Company's Annual Financial Statements and Management's Discussion and Analysis ("MD&A") posted on SEDAR at www.sedar.com.

As at January 31, 2013, Aberdeen's shareholders' equity, or net asset value (the "NAV"), was $65.5 million, or $0.76 per share. Aberdeen's shareholders' equity decreased by $8.4 million from $73.9 million at the end of Q3 2013. The decrease in shareholders' equity was largely due to the performance of Aberdeen's equity investment portfolio in the fourth quarter, which decreased $5.4 million or 7.1% to $69.9 million. In the fourth quarter of 2013, the stock market performance for small capitalization mining and resource stocks continued to be weak. On a year-over-year basis, Aberdeen's shareholders' equity decreased by $30.6 million. Note that the reference to shareholders' equity is similar to the Company's previous references to net asset value (or "NAV").

			January 31, 2013		January 31, 2012		October 31, 2012
Shares outstanding			85,994,602		86,100,139		86,272,302
			$	$/Shares	$	$/Shares	$	$/Shares


Cash on hand ⁽¹⁾			10,417,577	0.12	7,372,118	0.09	1,118,673	0.01

Investments
	Publicly traded		29,844,393	0.347	51,916,759	0.603	31,082,470	0.360
	Private		21,039,834	0.245	16,325,377	0.190	13,831,781	0.160
	Non-trading warrants
		Intrinsic value	1,032,114	0.012	1,915,000	0.022	100,650	0.001
		Option value	1,415,665	0.016	2,170,214	0.025	841,105	0.010
			2,447,779	0.028	4,085,214	0.047	941,755	0.011
Portfolio Investments			53,332,006	0.620	72,327,350	0.840	45,856,006	0.532


Loans / Preferred Shares			6,116,040	0.071	3,459,778	0.040	28,310,109	0.328

Total			69,865,623	0.812	83,159,246	0.966	75,284,788	0.873
Note (1) Includes cash from trades made at the end of January 2013, but setted in February 2013.

Aberdeen reported net earnings of $(30.6) million or $(0.35) per basic share for the twelve months ended January 31, 2013 on total revenue of $(20.5) million. Revenue was comprised of $22.4 million from net investment losses, $0.6 million from royalties, $1.1 million interest and dividend income and $0.2M from advisory services fees. For the twelve months ended January 31, 2012, Aberdeen reported net earnings of $(37.8) million or $(0.44) per basic share on total revenue of $(36.9) million ($(40.2) million from net investment losses, $2.4 million from royalties, and $0.9 million from interest income and advisory service fees).

Normal Course Issuer Bid ("NCIB")

During the twelve months ending January 31, 2013, 1,005,500 common shares of the Company were purchased for cancellation at an average cost of $0.41 per share.

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 a 24 to 36 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 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; anticipated returns; and market dynamics and fundamentals. 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.

Please also note that the numbers provided in this press release have been rounded and are therefore approximates.

Contact Information:
Aberdeen International Inc.
Mike McAllister
Manager, Investor Relations
+1 416-309-2134
info@aberdeeninternational.ca

Aberdeen International Inc.
Ryan Ptolemy
Chief Financial Officer
416-861-5882
info@aberdeeninternational.ca
www.aberdeeninternational.ca

Aberdeen International Reports Value of Investment Portfolio and Cash of $0.83 Per Share for Fourth Quarter Ending January 31, 2013

Wed, 20 Feb 2013 07:00:00 -0500

TORONTO, ONTARIO--(Marketwire - Feb. 20, 2013) - ABERDEEN INTERNATIONAL INC. ("Aberdeen", or the "Company") (TSX:AAB) today announces that the value of its investment portfolio as at January 31, 2013, the end of its 2013 fourth fiscal quarter, was approximately $70.9 million including a cash balance of $10.4 million. This equates to a value of $0.83 per basic share outstanding. This report of the portfolio value is not equivalent to the net asset value that has been previously reported by Aberdeen as it does not include assets and liabilities of the company that are not treated as investments. Rather, this report refers only to the cash, equity investments (private and public), option-type investments (for example, warrants) and corporate debt/loans receivable of the Company.

The value of the investment portfolio decreased from the third quarter results for the period ended October 31, 2012, by approximately $4.4 million or 5.8 percent. Despite a small rally in January, the TSX Venture exchange was down 7.0% over the same period. Annual financial results are expected to be released on or before May 1, 2013, which include the Company's other assets and liabilities.


			January 31, 2013		October 31, 2012		January 31, 2012
Shares outstanding			85,994,602		86,272,302		86,100,139

			$	$/Shares	$	$/Shares	$	$/Shares

Cash on hand			10,417,577*	0.12	1,118,673	0.01	7,372,118	0.09

Investments
	Publicly traded		29,564,393	0.344	31,082,472	0.360	51,916,759	0.603
	Private		21,319,834	0.248	13,831,781	0.160	16,325,377	0.190
	Non-trading warrants
		Intrinsic value	1,032,114	0.012	100,650	0.001	1,915,000	0.022
		Option value	1,415,665	0.016	841,105	0.010	2,170,214	0.025
			2,447,779	0.028	941,755	0.011	4,085,214	0.047
Portfolio Investments			53,332,006	0.620	45,856,008	0.532	72,327,350	0.840

Loans / preferred shares			7,167,196	0.083	28,310,109	0.328	3,459,778	0.040
Total			70,916,779	0.825	75,284,790	0.873	83,159,246	0.966

* Includes cash from trades made at the end of January 2013 but settled in February 2013.

David Stein, Aberdeen's CEO stated: "While we were encouraged by stock price action in the early part of January, the enthusiasm has faded quickly in the past few weeks. Gold stocks that were leading the mining market in 2012 have seen their share prices cut drastically as the sector has lost support. Despite our bullishness over the longer-term, we expect the weak commodities and junior equities markets to continue in the short to medium term. Strategically we have moved to increase liquidity in our portfolio to manage risk and potentially take advantage of deeply discounted valuations."

Suspension of Regular Dividend

Aberdeen has decided to suspend the payment of dividends due to market conditions. The implementation of a regular dividend has not led to the positive re-rating that the Company expected, and given the extreme pessimism and weakness in the junior mining equities space, the Company feels that preservation of cash for other endeavours is a priority.

Normal Course Issuer Bid

During the twelve months ending January 31, 2013, 1,005,500 common shares were purchased for cancellation at an average cost of approximately 40 cents. Aberdeen's current NCIB program will expire on February 26, 2013.

About Aberdeen International Inc.:

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 appointment on Aberdeen; 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.

Contact Information:
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

Contact:

Aberdeen Converts Convertible Debenture Into Common Shares of Portex Minerals Inc.

Mon, 04 Feb 2013 10:51:00 -0500

TORONTO, ONTARIO--(Marketwire - Feb. 4, 2013) - ABERDEEN INTERNATIONAL INC. ("Aberdeen" or the "Company") (TSX:AAB) is pleased to announce that it has converted convertible debentures in the principal amount of $1,000,000 plus $62,465 of interest into 21,249,315 common shares of Portex Minerals Inc. ("Portex"). As a result of the conversion, based on 64,984,300 common shares of Portex outstanding, Aberdeen holds 32.7% of the issued and outstanding common shares of Portex. Aberdeen has acquired the Portex shares for investment purposes only and, subject to applicable laws, may trade Portex shares through market transactions, private placements, treasury issuances or otherwise as circumstances or market conditions warrant or arise.

Pursuant to the terms of the debentures, Aberdeen has nominated Geoff Stanley and Richard Bishop to join Portex's board of directors following Portex's upcoming annual general meeting on March 22, 2013.

To obtain a copy of the early warning report filed in connection with this transaction, please contact David Stein at (416) 861-5812.

About Portex Minerals Inc.:

Portex is a Toronto-based mineral development company focused on the acquisition and development of base and precious metals properties in Portugal and Spain. Portex's principal properties are the Lagoa Salgada lead-zinc project in Southern Portugal and the Toral lead-zinc project in North West Spain. Additional information can be found on Portex's website at www.portexminerals.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 (iii) operate in jurisdictions with low to 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.

Aberdeen International Inc.

Please visit the Company's web site at www.aberdeeninternational.ca or write us at info@aberdeeninternational.ca.

Cautionary Notes

With respect to all statements herein relating to Portex, its business and its prospects, Aberdeen has relied solely upon the public disclosure of Portex.

This press release contains "forward looking information" within the meaning of applicable Canadian securities legislation. Forward looking information includes, but is not limited to, statements with respect to proposed transactions and investments, investment philosophy and liabilities and commitments. Generally, forward looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: financing not being available at desired prices; general business, economic, competitive, political and social uncertainties; general other risks of the mining industry and investment industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ACCURACY OF THIS RELEASE.

Contact:

Aberdeen Reports Shareholders' Equity of $0.86 Per Share and Third Quarter 2013 Financial Results

Tue, 18 Dec 2012 06:55:00 -0500

TORONTO, ONTARIO--(Marketwire - Dec. 18, 2012) - ABERDEEN INTERNATIONAL INC. ("Aberdeen", or the "Company") (TSX:AAB) is pleased to announce that it has released its financial results for the third quarter of 2013, ended October 31, 2012. For more information please see the Company's Condensed Interim Financial Statements and Management's Discussion and Analysis ("MD&A") posted on SEDAR at www.sedar.com.

As at October 31, 2012, Aberdeen's Shareholders' Equity (or Net Asset Value, "NAV") was $73.9 million, or $0.86 per share. Aberdeen's shareholders' equity increased by $2.6 million from $71.3 million at the end of Q2 2013. The increase in shareholders' equity was due to the performance of Aberdeen's equity investment portfolio in the third quarter, which increased $3.7 million or 5.2% to $75.3 million, primarily as a result of the successful listing transaction of Premier Royalty, which triggers a conversion in the Company's Premier Royalty debenture (the "Debenture"). The converted value is reflected below under "Loans", and this asset will be moved into the Company's equity investment portfolio next quarter as the Company converted the Debenture into and now hold common stock and warrants of Premier Royalty (as set out in the Company's press release dated 10 December 2012 entitled "Aberdeen Converts Convertible Debenture Into Common Shares and Warrants of Premier Royalty Corporation" and filed on SEDAR.

In the third quarter of 2013, the stock market performance for small capitalization mining and resource stocks continued to be weak. On a year-over-year basis, Aberdeen's shareholders' equity decreased by $40.1 million. Note that the reference to shareholders' equity is similar to previous references to Net Asset Value or "NAV" by Aberdeen.

			October 31, 2012		January 31, 2012		October 31, 2012
Shares outstanding			86,272,302		86,100,139		86,872,139
			$	$/Shares	$	$/Shares	$	$/Shares

Cash on hand			1,118,673	0.01	7,372,118	0.09	7,384,383	0.09

Investments
	Publicly traded		31,082,470	0.360	51,916,759	0.603	59,280,908	0.682
	Private		13,831,781	0.160	16,325,377	0.190	17,624,515	0.203
	Non-trading warrants
		Intrinsic value	100,650	0.001	1,915,000	0.022	2,757,980	0.032
		Option value	841,105	0.010	2,170,214	0.025	471,610	0.005
			941,755	0.011	4,085,214	0.047	3,229,590	0.037
Portfolio Investments			45,856,006	0.532	72,327,350	0.840	80,135,013	0.922

Loans / Preferred Shares			28,310,109	0.328	3,459,778	0.040	12,588,729	0.145
Total			75,284,788	0.873	83,159,246	0.966	100,108,125	1.152

Aberdeen reported net earnings of $3.8 million or $0.04 per basic share for the three months ended October 31, 2012 on total revenue of $6.1 million. Revenue was comprised of $5.6 million from net investment gains and $0.5 million from interest income, dividends and advisory services fees. For the three months ending October 31, 2011, Aberdeen reported net earnings of $(8.7) million or $(0.10) per share on total revenue of $(8.5) million ($(9.4) million from net investment losses, $0.7 million from royalties, $0.2 million from interest income and advisory service fees).

For the nine months ended October 31, 2012, Aberdeen reported net earnings of $(22.3) million or $(0.26) per basic share on total revenue of $(19.3) million. Revenue was comprised of $(20.9) million from net investment losses, $0.6 million in royalty revenue and $1.0 million from interest income, dividends and advisory services fees. For the nine months ending October 31, 2011, Aberdeen reported net earnings of $(20.2) million or $(0.23) per share on total revenue of $(20.7) million ($(23.0) million from net investment losses, $1.8 million from royalties, $0.5 million from interest income and advisory service fees).

On September 30, 2012, the Company made its second semi-annual dividend of one cent per share. The Company believes that the dividend policy sends a message to the market that Aberdeen's business model is sustainable and generates significant free cash flow. Aberdeen will continue to prioritize making strategic investments in early stage resource companies, while seeking to return capital to its shareholders.

Normal Course Issuer Bid ("NCIB")

During the nine months ending October 31, 2012, 727,800 common shares were purchased for cancellation at an average cost of $0.44. Subsequent to October 31, 2012, the Company has purchased an additional 277,700 common shares at an average cost of $0.32. Aberdeen expects to continue to purchase shares over the remainder of the fiscal year, depending on market conditions and other investment opportunities that may be available.

Q3 Conference Call

The Company plans to host a conference call this morning, December 18, 2012 at 10:30 AM (EST). To participate in the call please dial:

International:	+1 416 340 2216
Toll Free North America:	866 226 1792
Toronto Area:	416 340 2216

To register and listen to the webcast of the call, please go to Aberdeen's website at www.aberdeeninternational.ca. A webcast play back recording will remain on the Company's website after the completion of the call.

About Aberdeen International Inc.:

For additional information, please visit our website at www.aberdeeninternational.ca and follow us on Facebook and Twitter: AberdeenAAB.

Cautionary Notes

With respect to all statements herein relating to Premier Royalty, its business and its prospects, Aberdeen has relied solely upon the public disclosure of Premier Royalty.

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the future financial or operating performance of the Company, valuations of investments, proposed transactions and investments, investment philosophy and liabilities and commitments. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: financing not being available at desired prices; general business, economic, competitive, political and social uncertainties; general other risks of the mining industry and investment industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Contact Information:
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

Contact:

Aberdeen Converts Convertible Debenture Into Common Shares and Warrants of Premier Royalty Corporation

Mon, 10 Dec 2012 16:05:00 -0500

TORONTO, ONTARIO--(Marketwire - Dec. 10, 2012) - ABERDEEN INTERNATIONAL INC. ("Aberdeen" or the "Company") (TSX:AAB) is pleased to announce that it has converted a $9,400,000 convertible debenture plus $389,820 of interest into 7,769,698 common shares and 3,884,849 warrants (priced at $1.75) of Premier Royalty Corporation ("Premier"). As a result of these purchases, based on approximately 62,900,000 common shares of the Issuer outstanding, Aberdeen holds approximately 17.5% on a partially fully diluted basis of the issued and outstanding common shares of the Issuer. Aberdeen has acquired the Premier securities for investment purposes only and may trade Premier securities through market transactions, private placements, treasury issuances or otherwise as circumstances or market conditions warrant or arise. To obtain a copy of the early warning report filed in connection with this transaction, please contact David Stein at (416) 861-5812.

About Premier Royalty:

Premier Royalty Corporation is a wholly-owned subsidiary of Premier Gold Mines Limited, one of North America's leading exploration and development companies with a high-quality pipeline of projects focused in proven, safe and accessible mining jurisdictions in Canada and the United States. Premier Gold's portfolio includes significant assets in world class gold mining districts including Red Lake, Musselwhite and Geraldton in Ontario and the Carlin and Battle Mountain Trends in Nevada. Premier Gold believes that the consolidation of existing royalties owned by Premier Gold combined with the acquisition of other high quality cash flowing royalty assets into Premier Royalty will form the basis of a transaction that is value accretive to Premier Gold shareholders.

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 (iii) operate in jurisdictions with low to 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.

Aberdeen International Inc.

Please visit the Company's web site at www.aberdeeninternational.ca or write us at info@aberdeeninternational.ca.

Cautionary Notes

With respect to all statements herein relating to Premier, its business and its prospects, Aberdeen has relied solely upon the public disclosure of Premier.

This press release contains "forward looking information" within the meaning of applicable Canadian securities legislation. Forward looking information includes, but is not limited to, statements with respect to the future financial or operating performance of the Company, valuations of investments, proposed transactions and investments, investment philosophy and liabilities and commitments. Generally, forward looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: financing not being available at desired prices; general business, economic, competitive, political and social uncertainties; general other risks of the mining industry and investment industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ACCURACY OF THIS RELEASE

Contact:

Aberdeen International Reports Value of Investment Portfolio and Cash of $0.77 Per Share for Third Quarter Ending October 31, 2012

Mon, 19 Nov 2012 17:01:00 -0500

TORONTO, ONTARIO--(Marketwire - Nov. 19, 2012) - ABERDEEN INTERNATIONAL INC. ("Aberdeen", or the "Company") (TSX:AAB) today announces that the value of its investment portfolio as at October 31, 2012, the end of its 2013 third fiscal quarter, was approximately $66.7 million including a cash balance of $1.1 million. This equates to a value of $0.77 per basic share outstanding based on Aberdeen's investment portfolio alone. This report of the portfolio value is not equivalent to the net asset value that has been previously reported by Aberdeen as it does not include assets and liabilities of the company that are not treated as investments. Rather, this report refers only to the cash, equity investments (private and public), option-type investments (for example, warrants) and corporate debt/loans receivable of the Company.

The value of the investment portfolio decreased from the second quarter results for the period ended July 31, 2012, by approximately $4.9 million or 6.8 percent. Third quarter financial results are expected to be released on or before December 14, 2012, which include the Company's other assets and liabilities.

			October 31, 2012		January 31, 2012		October 31, 2011

Shares outstanding			86,272,302		86,100,139		86,872,139

			$	$/Shares	$	$/Shares	$	$/Shares

Cash on hand			1,118,673	0.01	7,372,118	0.09	7,384,383	0.09

Investments
	Publicly traded		31,332,470	0.363	51,916,759	0.603	59,280,908	0.682
	Private		13,848,609	0.161	16,325,377	0.190	17,624,515	0.203
	Non-trading warrants
		Intrinsic value	100,650	0.001	1,915,000	0.022	2,757,980	0.032
		Option value	841,105	0.010	2,170,214	0.025	471,610	0.005
			941,755	0.011	4,085,214	0.047	3,229,590	0.037
Portfolio Investments			46,122,834	0.535	72,327,350	0.840	80,135,013	0.922

Loans / preferred shares			19,500,707	0.226	3,459,778	0.040	12,588,729	0.145
Total			66,742,214	0.774	83,159,246	0.966	100,108,125	1.152

David Stein, President and CEO stated "After a healthy rebound in early Q3, the junior market turned sour again, this combined with negative Company-specific news from our Sulliden and Forbes Coal, two of our largest holdings, led to the unrealized loss for the quarter. It is worth noting for the purposes of this portfolio update we have held the value of our Premier Royalty Corp. convertible debenture at face value of $9.4 mm, however based on the recent trading price of its previously announced merger partner, Bridgeport Ventures, the completion of this deal could result in an unrealized gain of approximately $9.7 mm. The security-holder meeting date for this deal is currently scheduled for November 30^th and if approved would be expected to close shortly thereafter. If the deal does close at that time, the gain will be reflected in our Q3 financial statements to be released in mid-December."

Normal Course Issuer Bid

During the nine months ending October 31, 2012, 727,800 common shares were purchased for cancellation at an average cost of 44 cents. Subsequent to October 31, 2012 an additional 94,900 common shares were purchased for cancellation at an average cost of 33 cents.

About Aberdeen International Inc:

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 appointment on Aberdeen; 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.

Contact Information:
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

Contact:

Aberdeen International Inc. and Dacha Strategic Metals Inc. Terminate Business Combination Agreement

Fri, 12 Oct 2012 17:01:00 -0400

TORONTO, ONTARIO--(Marketwire - Oct. 12, 2012) - Aberdeen International Inc. ("Aberdeen" or the "Company") (TSX:AAB) announces that due to potential regulatory challenges set out below, the parties have mutually agreed to terminate the previously announced business combination agreement entered into between the Company and Dacha Strategic Metals Inc. ("Dacha") (See Press Release dated August 15, 2012). Dacha and Aberdeen were not able to receive satisfactory assurances that the transaction in its proposed form would result in an immediate TSX listing on closing, as the pro-forma company would not meet the net income tests as required by the TSX. This would put the shareholders of Aberdeen in a disadvantaged position with respect to the combined company's ongoing business activities.

David Stein, President and Chief Executive Officer of the Company, noted that, "Aberdeen still believes the transaction in principle holds significant merit, however, the transaction in its current form will be very risky for all parties if the resulting company is not able to list on the TSX. As a result, the respective special committees and boards of both companies have decided not to proceed with the transaction at this time. Aberdeen continues to be committed to pursue both conventional and creative initiatives to increase shareholder value and we are very grateful for the support from shareholders we received over the past few months."

No break fees will be paid as result of the termination and each party will pay its respective expenses incurred in connection to the proposed business combination.

ABOUT ABERDEEN

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-initial public offering 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 seeks to provide value-added managerial and board advisory services to companies. Aberdeen's intention is to optimize the return on its investment over an 18 to 24 month investment time frame.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

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, 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.

Contact: Mike McAllister
Company Name: Aberdeen International Inc.
Contact Title: Manager, Investor Relations
Phone: +1 416-309-2134
Other1: info@aberdeeninternational.ca

Contact: David Stein
Company Name: Aberdeen International Inc.
Contact Title: Chief Executive Officer
Phone: (416) 861-5812
Other1: dstein@aberdeeninternational.ca
Other2: www.aberdeeninternational.ca

Aberdeen Announces Dividend

Fri, 14 Sep 2012 17:01:00 -0400

TORONTO, ONTARIO--(Marketwire - Sept. 14, 2012) - Aberdeen International Inc. ("Aberdeen", or the "Company") (TSX:AAB) today announces that in accordance with the Company's annual dividend policy it will pay a dividend of Cdn$0.01 payable on September 30, 2012, to shareholders of record as of the close of business on September 20, 2012. This dividend payment will complete the Company's annual dividend payments for 2012.

David Stein, President and Chief Operating Officer said, "The Board and I believe that it is in the best interests of the Company's shareholders to continue to pay a dividend. The dividend enhances shareholder value while providing the Company with the flexibility and liquidity to pursue its corporate objectives."

About Aberdeen International Inc:

For additional information, please visit our website at www.aberdeeninternational.ca and follow us on 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, 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.

Contact: Mike McAllister
Company Name: Aberdeen International Inc.
Contact Title: Manager, Investor Relations
Phone: +1 416-309-2134
Other1: info@aberdeeninternational.ca

Contact: David Stein
Company Name: Aberdeen International Inc.
Contact Title: President, Chief Operating Officer
Phone: +1 416-861-5812
Other1: dstein@aberdeeninternational.ca
Other2: www.aberdeeninternational.ca

Aberdeen Reports Shareholders' Equity of $0.82 Per Share and Second Quarter 2013 Financial Results

Fri, 14 Sep 2012 07:00:00 -0400

TORONTO, ONTARIO--(Marketwire - Sept. 14, 2012) - ABERDEEN INTERNATIONAL INC. ("Aberdeen", or the "Company") (TSX:AAB) is pleased to announce that it has released its financial results for the second quarter of 2013, ended July 31, 2012. For more information please see the Company's Condensed Interim Financial Statements and Management's Discussion and Analysis ("MD&A") posted on SEDAR at www.sedar.com.

As at July 31, 2012, Aberdeen's Shareholders' Equity (or Net Asset Value, "NAV") was $71.3 million, or $0.82 per share. Aberdeen's shareholders' equity decreased by $7.9 million from $79.2 million at the end of Q1 2013. The decrease in shareholders' equity was due to the performance of Aberdeen's equity investment portfolio in the second quarter, which decreased $6.3 million or 11.3% to $49.2 million. In the second quarter of 2013, the stock market performance for small capitalization mining and resource stocks continued to be weak. On a year-over-year basis, Aberdeen's shareholders' equity decreased by $51.9 million. Note that the reference to shareholders' equity is similar to previous references to Net Asset Value or "NAV" by Aberdeen.

			July 31, 2012		January 31, 2012		July 31, 2011

Shares outstanding			86,480,139		86,100,139		87,582,639

			$	$/Shares	$	$/Shares	$	$/Shares


Cash on hand			4,073,749	0.05	7,372,118	0.09	3,540,370	0.04

Investments
	Publicly traded		34,037,369	0.394	51,916,759	0.603	69,207,035	0.790
	Private		14,416,279	0.167	16,325,377	0.190	18,909,369	0.216
	Non-trading warrants
		Intrinsic value	-	-	1,915,000	0.022	2,009,167	0.023
		Option value	758,996	0.009	2,170,214	0.025	1,282,321	0.015
			758,996	0.009	4,085,214	0.047	3,291,488	0.038
Portfolio Investments			49,212,644	0.569	72,327,350	0.840	91,407,892	1.044


Loans / Preferred Shares			18,319,003	0.212	3,459,778	0.040	6,981,688	0.080

Total			71,605,396	0.828	83,159,246	0.966	101,929,950	1.164

Aberdeen reported net earnings of $(10.1) million or $(0.12) per basic share for the three months ended July 31, 2012 on total revenue of $(7.0) million. Revenue was comprised of $(7.4) million from net investment losses and $0.4 million from interest income, dividends and advisory services fees. For the three months ending July 31, 2011, Aberdeen reported net earnings of $(7.6) million or $(0.09) per share on total revenue of $(9.2) million ($(9.9) million from net investment losses, $0.5 million from royalties, $0.2 million from interest income and advisory service fees).

For the six months ended July 31, 2012, Aberdeen reported net earnings of $(26.0) million or $(0.30) per basic share on total revenue of $(25.4) million. Revenue was comprised of $(26.5) million from net investment losses, $0.6 million in royalty revenue and $0.5 million from interest income, dividends and advisory services fees. For the six months ending July 31, 2011, Aberdeen reported net earnings of $(11.5) million or $(0.13) per share on total revenue of $(12.2) million ($(13.6) million from net investment losses, $1.0 million from royalties, $0.4 million from interest income and advisory service fees).

Normal Course Issuer Bid ("NCIB")

During the six months ending July 31, 2012, 520,000 common shares were purchased for cancellation at an average cost of $0.47.

Second Dividend Payment

The Company anticipates that the payment date for the second semi-annual dividend of one cent 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. Its 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 its shareholders.

Aberdeen's Chief Executive Officer, David Stein, noted: "Since the end of the interim period ended July, 2012, our portfolio has performed extremely well. Amongst our top holdings, Sulliden Gold Corporation (TSX:SUE) shares are up 39% since the last quarter-this alone contributes an increase of $6.2 mm to our portfolio value. Our precious metal holdings in particular have performed very well over the past month, in line with a rise in the gold bullion price.

We are also pleased that Bridgeport Ventures Inc. ("Bridgeport") and Premier Royalty Corporation have signed a definitive agreement to enter into a business combination on August 8, 2012. Upon completion of this transaction, Aberdeen will receive approximately 7.56 mm shares of the resulting issuer in addition to approximately 3.78 mm warrants. The market value of this holding based on the current trading price of Bridgeport is $20.1 mm, an unrealized increase of $10.6 mm from July 31, 2012.

Finally, a number of early-stage investments we made earlier in the year have begun to bear fruit. Burkina Gold/Savary Capital, Goldstream Minerals, Mason Graphite, and Windamere Ventures Ltd. have announced or completed material acquisitions or "go-public" transactions since July 31, 2012. The most significant new transaction to our portfolio was the announcement of Portex Ventures Ltd. ("Portex") acquisition of Scandinavian Metals Inc. We have supported Portex in this transaction to create a leading junior metals company in geopolitically-safe Western Europe with several advanced, growing zinc/base metal projects and gold-silver by-product potential."

About Aberdeen International Inc.

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 appointment on Aberdeen; 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.

Contact: Mike McAllister
Company Name: Aberdeen International
Contact Title: Manager, Investor Relations
Phone: +1 416-309-2134
Other1: info@aberdeeninternational.ca

Contact: David Stein
Company Name: Aberdeen International
Contact Title: Chief Executive Officer
Phone: +1 416-861-5812
Other1: dstein@aberdeeninternational.ca

Dacha Strategic Metals Inc. and Aberdeen International Inc. Announce Business Combination

Wed, 15 Aug 2012 17:00:00 -0400

TORONTO, ONTARIO--(Marketwire - Aug. 15, 2012) - Dacha Strategic Metals Inc. ("Dacha") (TSX VENTURE:DSM)(OTCQX:DCHAF) and Aberdeen International Inc. ("Aberdeen") (TSX:AAB) are pleased to announce that they have entered into a definitive agreement (the "Business Combination Agreement") pursuant to which Dacha and Aberdeen will, subject to shareholder, court and regulatory approvals, enter into a plan of arrangement pursuant to which Dacha will acquire all of the outstanding shares of Aberdeen and Aberdeen will become a wholly owned subsidiary of Dacha (the "Transaction"). Under the terms of the Transaction, shareholders of Aberdeen will receive 0.80 of a Dacha common share for each common share of Aberdeen held. The board of directors of each company has unanimously approved the Transaction. Upon completion of the Transaction, existing Dacha and Aberdeen shareholders will own approximately 52% and 48% of the combined company, respectively, on a basic shares outstanding basis.

Based on the 20-day volume weighted trading price ("VWAP") of Dacha's common shares on the TSX Venture Exchange (the "TSXV") of $0.517 and the 20-day VWAP of Aberdeen's common shares on the Toronto Stock Exchange (the "TSX") of $0.384 for the period ending August 14, 2012, the Transaction represents a premium of approximately 7.6% to Aberdeen. On August 14, 2012 the closing prices of the Dacha common shares and the Aberdeen common shares were $0.50 and $0.40, respectively.

Highlights of the Transaction:


--  Effectively doubles the total available capital for the combined company
    to better exploit market opportunities in junior equities and strategic
    rare elements;

--  Enhanced market capitalization and trading liquidity creating critical
    mass and greater market presence in a down market for shareholders;

--  Improved investment portfolio diversity with exposure to undervalued
    equities as well as critical metals;

--  Enhanced portfolio liquidity allowing for efficient access to deployable
    capital;

--  Strong share price re-rating potential due to increased liquidity, scale
    and strategic positioning;

--  Expanded and enhanced management expertise and network of industry
    relationships; and

--  Opportunity for corporate administration expense reduction synergies.

Management and Directors:

Following the completion of the Transaction, it is expected that the executive management of the combined company will consist of Messrs. Stan Bharti (Executive Chairman), Scott Moore (CEO), David Stein (President), Ryan Ptolemy (CFO and Corporate Secretary), Alastair Neill (Executive Vice President) and Richard Bishop (VP Investments). It is anticipated that the new board will consist of four nominees of Dacha and four nominees of Aberdeen or as mutually agreed upon by the parties.

Scott Moore, President and Chief Executive Officer of Dacha states: "The Transaction will provide Dacha shareholders with exposure to a larger, more diversified and liquid investment company. Aberdeen has an exciting portfolio of equities that are largely undervalued in the current market environment. Thus, a potential market turnaround could result in substantial value creation for shareholders. Furthermore, the increased liquidity and diversity allows us to better manage our strategic metal inventory and opportunistically make acquisitions or divestitures of material over time. Dacha's industry leading rare metal management team will be complemented by the strong investment team at Aberdeen."

David Stein, Chief Executive Officer of Aberdeen adds: "The Transaction with Dacha will benefit Aberdeen shareholders by increasing the total amount of capital that can be deployed into undervalued micro-cap equities while still being able to exploit opportunities in strategic rare elements. Our shareholders will retain a significant ownership in the new company and will maintain significant leverage to an inevitable rebound in equity prices, while gaining access to a strategic asset class and professional expertise that could further enhance the menu of investment opportunities available to shareholders in the future. Furthermore, current management of Aberdeen will play a major role going forward in the management of the new company."

Transaction Details

Pursuant to the terms of the Business Combination Agreement, the Transaction will be conducted by way of a court approved plan of arrangement (under the Business Corporations Act (Ontario)), resulting in Aberdeen becoming a direct or indirect wholly-owned subsidiary of Dacha. Each Aberdeen common share issued and outstanding immediately prior to closing of the Transaction will be exchanged for 0.80 of a Dacha common share.

All options of Aberdeen outstanding immediately prior to closing of the Transaction will, following closing and subject to regulatory approval, be exercisable for that number of shares of Dacha using the same exchange ratio applicable to the common shares of Aberdeen under the Transaction, with corresponding adjustment to the exercise prices on the basis of such exchange ratio.

Aberdeen shareholders will be granted dissent rights which, if exercised in accordance with applicable requirements, will provide such shareholders the right to be paid the fair value for their Aberdeen common shares by Aberdeen.

The Transaction is subject to customary conditions, including:


--  approval by a minimum of 66 2/3% of the votes cast by Aberdeen
    shareholders at a duly called special shareholders' meeting;

--  approval by a majority of the votes cast by Aberdeen shareholders at the
    special meeting, excluding any votes required to be excluded pursuant to
    applicable regulatory requirements ("majority of the minority" approval)
    under MI 61-101 (as defined below) and the rules of the TSX;

--  approval by a majority of the votes cast by Dacha shareholders at a duly
    called special shareholders' meeting excluding any votes required to be
    excluded under the rules of the TSXV;

--  receipt of interim and final orders of the Ontario Superior Court
    approving the Transaction;

--  approval/acceptance of the TSX and TSXV of the Transaction;

--  receipt of applicable third-party consents;

--  all of the directors and officers of Aberdeen, whose holdings represent
    an aggregate of approximately 14% of the outstanding Aberdeen common
    shares, shall have agreed to support the Transaction by entering into
    agreements to vote in favour of the Transaction, and all of the
    directors and officers of Dacha, whose holdings represent an aggregate
    of approximately 4% of the outstanding Dacha common shares, shall have
    agreed to support the Transaction by entering into agreements to vote in
    favour of the Transaction;

--  Aberdeen shareholders holding no more than 5% of the outstanding
    Aberdeen shares having exercised dissent rights; and

--  other conditions as are customary for transactions of this nature.

Upon completion of the Transaction, Dacha will have approximately 144.3 million common shares outstanding (170.2 million common shares on a fully-diluted basis), and the ownership of the combined company is expected to be approximately 52% by existing Dacha shareholders and 48% by former Aberdeen shareholders on a basic shares outstanding basis.

Timing

The terms of the Business Combination Agreement will be described in detail in the joint management information circular of Dacha and Aberdeen to be filed with the regulatory authorities and mailed to Dacha and Aberdeen shareholders in accordance with applicable securities laws in respect of the special meeting of each of Dacha and Aberdeen shareholders expected to be held in October 2012. Subject to shareholder, court and regulatory approvals, the Transaction is also expected to close in October 2012.

Special Committees and Recommendation of Boards of Directors

The board of directors of Dacha and Aberdeen have each established a special committee to review the proposed Transaction. The Dacha special committee retained Cormark Securities Inc. ("Cormark") as its financial advisor and the Aberdeen special committee retained GMP Securities L.P. ("GMP") as its financial advisor.

The special committee of Aberdeen has received an opinion from GMP that the consideration to be received by the Aberdeen shareholders is fair, from a financial point of view, to the Aberdeen shareholders and the special committee of Dacha has received an opinion from Cormark that the Transaction is fair from a financial point of view to Dacha.

The board of directors of each of Dacha and Aberdeen unanimously support the proposed Transaction and recommend to their respective shareholders that they vote in favour of the Transaction at their respective shareholder meetings to be called to approve the Transaction. The reasons that the board of directors of each company has recommended voting in favour of the Transaction will be detailed in the aforementioned joint management information circular.

The Business Combination Agreement includes a commitment by each of Dacha and Aberdeen not to solicit alternative transactions to the proposed Transaction. If a party terminates in certain circumstances, the Business Combination Agreement provides that such party is obligated to pay to the other party a termination payment in cash of $1 million. Each party has also been provided with certain other rights, representations and warranties and covenants customary for a transaction of this nature, and each party has the right to match any competing offers made to the other party.

Financial Advisors, Counsel and Proxy Solicitation Agent

Dacha's financial advisor is Cormark and its counsel is Norton Rose Canada LLP. Aberdeen's financial advisor is GMP and its counsel is Cassels Brock & Blackwell LLP.

Kingsdale Shareholder Services Inc. ("Kingsdale") has been retained to act as Proxy Solicitation and Information Agent in connection with the Transaction. Aberdeen or Dacha shareholders with questions about the Transaction may contact Kingsdale toll free at 1-866-229-8263. Outside of North America, please dial 416-872-2272, or email at contactus@kingsdaleshareholder.com.

Related Party Transactions / Business Combination

Pursuant to Multilateral Instrument MI 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"), the Transaction constitutes a "business combination," for Aberdeen. Aberdeen is exempt from the formal valuation requirement as the requirements of subsection 4.3(1) of MI 61-101 are not applicable to the proposed Transaction.

The Transaction constitutes a "related party transaction" for Dacha under MI 61-101, as certain of Dacha's directors and officers are Aberdeen shareholders, and in connection with the Transaction, Dacha will issue common shares to such persons in exchange for their respective Aberdeen shareholdings. Pursuant to subsections 5.5(a) and 5.7(1)(a) of MI 61-101, Dacha is exempt from the requirements under MI 61-101 of having to perform a formal valuation of, and obtaining minority approval of, the Transaction, as, at the time the Transaction was agreed to, neither the fair market value of the subject matter of, nor the fair market value of the consideration for, the Transaction, insofar as it involved "interested parties" (as defined in MI 61-101), exceeded 25% of Dacha's market capitalization. Dacha is seeking shareholder approval of the Transaction pursuant to the applicable requirements of the TSXV.

Investor Call

Management of Dacha and Aberdeen plan to host a conference call on Thursday, August 16th, 2012 at 10:00 AM (EST) to discuss the Transaction. To participate in the call please dial:


International:                +1 416 340 8530
Toll Free North America:      877-240-9772
Toronto Area:                 416 340 8530

To register and listen to the webcast of the call, please go to Aberdeen's website at www.aberdeeninternational.ca. or Dacha's website at www.dachametals.com. A webcast play back recording will remain on both websites after the completion of the call.

ABOUT DACHA

Dacha invests in physical strategic minerals, certain of which are currently unavailable directly to investors. Dacha has acquired a strategic inventory of these minerals with a primary initial focus on rare earth elements. Dacha's focus is to achieve investment gains through the long-term appreciation in the value of its physical holdings of strategic minerals, particularly rate earth elements. Dacha intends to add value by becoming an active market participant in strategic minerals and seeks to meet this investment objective by: (i) assembling a portfolio of strategic minerals that it believes has the greatest potential for capital appreciation and thereafter employing a "buy-and-hold" investment strategy; and (ii) opportunistically trading from time-to-time to realize gains to meet its investment objective.

ABOUT ABERDEEN

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-initial public offering 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 seeks to provide value-added managerial and board advisory services to companies. Aberdeen's intention is to optimize the return on its investment over an 18 to 24 month investment time frame.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

Certain information contained in this press release, including any information relating to the Transaction (including the anticipated benefits of the Transaction) and Dacha's or Aberdeen's future financial or operating performance may be deemed "forward looking". All statements in this press release, other than statements of historical fact, that address events or developments that Dacha or Aberdeen expects to occur, are "forward-looking statements". Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "does not expect", "plans", "anticipates", "does not anticipate", "believes", "intends", "estimates", "projects", "potential", "scheduled", "forecast", "budget" and similar expressions, or that events or conditions "will", "would", "may", "could", "should" or "might" occur. All such forward-looking statements are subject to important risk factors and uncertainties, many of which are beyond Dacha or Aberdeen' ability to control or predict. Forward-looking statements are necessarily based on estimates and assumptions that are inherently subject to known and unknown risks, uncertainties and other factors that may cause Dacha or Aberdeen' actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. Assumptions upon which such forward looking statements are based on include that Dacha and Aberdeen will be able to satisfy the conditions contained in the Business Combination Agreement, that the due diligence investigations of each party will not identify any materially adverse facts or circumstances, that the required approvals will be obtained from the shareholders of each of Aberdeen and Dacha, that all third party, court, regulatory and governmental approvals to the Transactions will be obtained including from the TSX and TSXV and Ontario Superior Court of Justice and all other conditions to completion of the Transaction will be satisfied or waived. Many of these assumptions are based on factors and events that are not within the control of Dacha and Aberdeen and there is no assurance they will prove to be correct. Such factors include, without limitation: capital requirements; fluctuations in the international currency markets and in rates of exchange of metal prices; changes in national and local government legislation in Canada, China, Korea and Singapore or any other country in which Dacha and Aberdeen currently or may in the future carry on business; taxation; controls, regulations and political or economic developments in the countries in which Dacha and Aberdeen does or may carry on business; competition; loss of key employees; and additional funding requirements;

Any forward-looking statement speaks only as of the date on which it is made and Dacha and Aberdeen expressly disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise, except in accordance with applicable securities laws. Although each of Dacha and Aberdeen believe that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

FOR FURTHER INFORMATION PLEASE CONTACT:
        For further information concerning Dacha:
        Dacha Strategic Metals Inc.
        Scott Moore, President and Chief Executive Officer
        (416) 861-5903
        smoore@dachametals.com
        www.dachametals.com

        For further information concerning Aberdeen:
        Aberdeen International Inc.
        David Stein, Chief Executive Officer
        (416) 861-5812
        dstein@aberdeeninternational.ca
        www.aberdeeninternational.ca

Source: Dacha Strategic Metals Inc.