Aberdeen Announces $1M Financing

(TSX:AAB) Aberdeen International Inc. announced its intention to complete a best efforts non-brokered private placement financing of up to 20,000,000 units at a price of $0.05 per unit for gross proceeds of up to $1,000,000. Each unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share at a price of $0.075 for a period of 60 months from issuance. The closing of the offering is expected to occur in late-November 2026. All securities issued in connection with the offering will be subject to a statutory hold period of four months and one day. Completion of the offering is subject to a number of conditions, including all approvals from the Toronto Stock Exchange. The company intends to use the net proceeds of the offering for general corporate purposes. Dev Shetty is the Executive Chairman and Chief Executive Officer of Aberdeen International Inc. The securities have not been and will not be registered under the United States Securities Act of 1933 or any state securities laws and may not be offered or sold within the United States or to U.S. persons unless registered or an exemption is available.