TORONTO, ONTARIO--(Marketwired - Feb. 3, 2017) - ABERDEEN INTERNATIONAL INC. ("Aberdeen", or the "Company") (TSX:AAB) reports that David Stein has resigned as a member of Aberdeen's board of directors. As a result of David's resignation, the Aberdeen board once again has a majority of independent directors showing that it continues to enhance the Company's governance practices.
Mr. Stein will continue to work as a consultant to the Company as a portfolio manager in respect to Aberdeen's role with Ore Acquisition Partners LP. Aberdeen established Ore Acquisition Partners LP with Landmark Partners in 2015 to purchase and hold certain of Aberdeen's more illiquid and longer-term investments. Building on the success of Ore Acquisition Partners, Mr. Stein will guide Aberdeen's efforts to build a larger investment pool to execute mining investments, including the possibility of establishing new funds, and building greater co-investment relationships. The Aberdeen board would like to thank Mr. Stein for his contributions to the board during the past eight years.
ABOUT ABERDEEN INTERNATIONAL
Aberdeen International is a global resource investment company and merchant bank focused on small capitalization companies in the mining and metals sector. African Thunder Platinum, Aberdeen's premiere investment, is a platinum group metals project in South Africa's well-known Bushveld Complex. Aberdeen has further enhanced its investment holdings with its holding of 50% of Potasio y Litio de Argentina SA, which holds the Sal de los Angeles lithium project in Argentina.
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