TORONTO, ONTARIO--(Marketwired - June 17, 2014) - ABERDEEN INTERNATIONAL INC. ("Aberdeen", or the "Company") (TSX:AAB) has released its financial results for the first quarter of 2015, ended April 30, 2014. 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 April 30, 2014, Aberdeen's Shareholders' Equity (or Net Asset Value, "NAV") was $46.5 million, or $0.53 per share. Aberdeen's shareholders' equity decreased by $1.0 million from $47.5 million at the end of Q4 2014. The decrease in shareholders' equity was largely due to the performance of Aberdeen's equity investment portfolio, which had a total investment loss of $0.4 million for the quarter and general and administrative expenses offset by an income tax recovery of $0.6 million. On a year-over-year basis, Aberdeen's shareholders' equity decreased by $8.7 million. Note that the reference to shareholders' equity is similar to previous references to Net Asset Value or "NAV" by Aberdeen.

For the three months ended April 30, 2014, Aberdeen reported net earnings of $(1.1) million or $(0.01) per basic share on total revenue of $(0.3) million. Revenue was comprised of $(0.4) million from net investment losses and $0.1 million from interest income, dividends and advisory services fees. For the three months ending April 30, 2013, Aberdeen reported net earnings of $(7.4) million or $(0.09) per share on total revenue of $(8.9) million ($(9.1) million from net investment losses and $0.2 million from interest and dividend income and advisory service fees).

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 an 24 to 36 month investment time frame.

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 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.