Clean Technology Industry Veteran, Martin Schuermann, Appointed as Aberdeen’s Executive Chairman of the Board of Directors
August 09 2021 - 7:00AM
Aberdeen International Inc. (“
Aberdeen” or the
“
Company”) (TSX: AAB) (F: A8H) (OTC: AABVF) is
pleased to announce the appointment of Martin Schuermann as
Executive Chairman of the Board of Directors of the Company.
Mr. Schuermann has been involved in the clean
energy sector since 2009, serving as Chief Executive Officer of
Vision Motor Corp and Vision Industries
(“Vision”), an early innovator in fuel cell
vehicles focused on developing zero emission heavy-duty
transportation solutions, using hydrogen as the dominant energy
storage medium. Vision was the first company in the world to put
hydrogen-powered Class 8 trucks through regular duty cycles in the
ports of Los Angeles and Long Beach. Prior to and since his time at
Vision, Mr. Schuermann has been a serial entrepreneur, notably in
the media and film industries. Mr. Schuermann holds a BA from
Westfaelische Wilhelms Universitaet Muenster (Germany) and a MBA
from Azusa Pacific University and UCLA (Los Angeles).
As the Company continues to shape a vision
focused on clean energy, Mr. Schuermann’s appointment brings new
strategy and governance expertise, adds executive experience
directly in the areas of clean transportation and electrification,
and bolsters Aberdeen’s deal sourcing and execution
capabilities.
“Martin brings a wealth of energy and
transportation sector experience that will accelerate our ambition
to be the partner-of-choice for early-stage clean technology
companies. Martin’s strategic vision, expertise and industry
contacts will help us identify and execute on world-class
opportunities”, commented Mr. Bharti, director of the Company.
“I’m excited to work with Chris and the team to
build a compelling roster of low and no-carbon investments that
truly drive transformation across energy, transportation and
industrial sectors. My aim is to help Aberdeen substantially grow
its asset base and attract high quality capital and talent to
generate significant value for Aberdeen shareholders”, said Mr.
Schuermann.
Mr. Schuermann replaces Stan Bharti as Executive
Chairman of the Board. Mr. Bharti will remain a Director
of the Company.
ABOUT ABERDEEN INTERNATIONAL
INC.
Aberdeen International is a global resource
investment company and merchant bank focused on small
capitalization companies in the rare metals and renewable energy
sectors. AES-100 Inc., an Aberdeen portfolio investment, owns the
exclusive rights and all intellectual property pertaining to the
Advanced Electrolyzer System for the production of hydrogen from
dilute syngas.
For additional information, please visit our
website at www.aberdeen.green
For further information, please contact:
Chris Younger Chief Executive Officer Aberdeen
International Inc. Chris.Younger@Aberdeen.green (416) 861-1685
This press release contains "forward-looking
information" within the meaning of applicable Canadian securities
legislation. Forward-looking information includes, without
limitation, statements regarding the appointment of directors,
investment portfolio of the Company; the renewable energies sector
and the Company’s future plans. Forward-looking information is
subject to known and unknown risks, uncertainties and other factors
that may cause the actual results, level of activity, performance
or achievements of the Company to be materially different from
those expressed or implied by such forward-looking information,
including risks inherent in the mining industry and risks described
in the public disclosure of the Company which is available under
the profile of the Company on SEDAR at www.sedar.com and on the
Company's website at www.aberdeen.green/. Although the Company has
attempted to identify important factors that could cause actual
results to differ materially from those contained in
forward-looking information, there may be other factors that cause
results not to be as anticipated, estimated or intended. There can
be no assurance that such information will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking information. The Company
does not undertake to update any forward-looking information,
except in accordance with applicable securities laws.
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