Announces $4.0 Million Financing

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Announces $4.0 Million Financing

posted on Apr 17, 2009 12:46PM

April 17, 2009

Aberdeen Announces $4.0 Million Financing

TORONTO, CANADA--(Marketwire - April 17, 2009) - ABERDEEN INTERNATIONAL INC. ("Aberdeen", or the "Company") (TSX:AAB) is pleased to announce a non-brokered private placement financing whereby the Company intends to issue 16,000,000 shares at a price of $0.25 per share for gross proceeds of $4,000,000 with an option to increase to $5,000,000 subject to management discretion and demand.

Aberdeen plans to use the net proceeds to fund new opportunistic investments in line with its business model and for general working capital purposes. The Company believes that the fundamentals of its investment portfolio will bring value appreciation as growth returns to the global economy and management sees tremendous opportunity in the current market for strategic investments.

Closing of the financing is subject to receipt of TSX approval. The company may pay finder's fees in connection with the financing.

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 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.

Please visit the Company's web site at www.aberdeeninternational.ca or write us at [email protected].

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