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 from time to time and may increase or decrease its position as future circumstances may dictate.
This news release is being issued in accordance with National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the filing of an early warning report dated May 13, 2024. The early warning report respecting the occurrence giving rise to this filing has been filed on System for Electronic Document Analysis and Review ("SEDAR") at under AmmPower's issuer profile.