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A Global Resource Investment Corporation and Merchant Bank TSX:AAB June 2010 - AGM A Forbes & Manhattan Group Company

Aberdeen International - Corporate Presentation

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Page 1: Aberdeen International - Corporate Presentation

A Global Resource Investment Corporation and Merchant Bank

TSX:AAB

June 2010 - AGM

A Forbes & Manhattan Group Company

Page 2: Aberdeen International - Corporate Presentation

TSX:AAB

This presentation contains "forward looking information" within the meaning of applicable Canadian securities legislation. Forward looking information includes without limitation, statements regarding the proposed use of the proceeds of the financing, the receipt of all necessary approvals, the outcome of legal proceedings, the issue of permits, the size and quality of the company’s mineral resources, progress in development of mineral properties, future production and sales volumes, capital and mine production costs, demand and market outlook for metals, future metal prices and treatment and refining charges, the financial results of the company the future financial or operating performance of the Company, the prospective mineralization of the properties, planned exploration programs, anticipated production schedule and terms and the availability and likelihood of future acquisitions. Generally, forward looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". 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 but not limited to: general business, economic, competitive, geopolitical and social uncertainties; the actual results of current exploration activities; acquisition risks; and other risks of the mining industry. 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. 

This presentation does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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Page 3: Aberdeen International - Corporate Presentation

TSX:AAB 3

Global resource investment company and merchant bank Focused on private, micro- and small-cap resource companies

Unique, value-added approach to investing Actively builds companies to unlock value Targeting triple digit returns Benefits from Forbes & Manhattan’s infrastructure and deal flow

Broad investment mandate in resource sector Significant exposure to gold in current portfolio Investments in energy, metals, bulks, agriculture

Page 4: Aberdeen International - Corporate Presentation

TSX:AAB 4

~$70M Market Value of investment portfolio (Apr 30/10) ~C$0.80 /share

Current Share Price

VS

C$0.39/share

We are VERY undervalued

1.

*Excludes value of two gold royalties

Page 5: Aberdeen International - Corporate Presentation

TSX:AAB 5

>$500K Gold Royalty paid quarterly 2.

3. Forbes Coal

Brazil/Amazon Potash Temujin Mining

Private investment upside Taking public to improve portfolio liquidity/value

4. Ongoing high quality deal flow

Supporting next generation of investments

Page 6: Aberdeen International - Corporate Presentation

TSX:AAB 6

Technical Team Financial Team Legal Team Back Office

Forbes & Manhattan expertise

Over 80 professionals in Toronto plus international operations teams

Forbes & Manhattan benefits:

Financing Marketing

M&A

World class team

Proven track record

Actively building companies and creating value

Page 7: Aberdeen International - Corporate Presentation

TSX:AAB 7

Merchant Banking Short-term investments Bridge financing Fee income Shells

Royalty Revenue Provides upside to higher gold prices Backed by 8 Moz reserves and 25 Moz resources

Private Micro-cap

Seed financings Active role in management & BOD Support financially in early ages

Active Investment +100%

From initial investment

+10% pa

+ Warrants

$2.0M - $2.5M

pa

Targets

Page 8: Aberdeen International - Corporate Presentation

TSX:AAB

  Source high potential resource deal

  “Seed financing”

  AAB provides managed risk capital

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  Develop business plan

  Build management team/BOD

  AAB acts as care taker management

  Identify capital requirements

  Early-stage (pre-IPO) financing

  AAB participates

  Execute business plan

  GO PUBLIC

Actively creating value for shareholders

Page 9: Aberdeen International - Corporate Presentation

TSX:AAB

$0.20

$1.22

$0.14

$0.52

$0.19

$0.60

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Aberdeen’s recent success:

Forbes & Manhattan success:

$0.52

$0.38 $0.34

Avg Cost

Avg Cost Avg Cost

Desert Sun Mining (Gold)

3,750% return in 4 years $735M sale price to Yamana Gold

Consolidated Thompson (Iron Ore)

4,500% return in 3 years Production commenced Q1 2010

Page 10: Aberdeen International - Corporate Presentation

TSX:AAB 10

Gold Royalties

Equity Portfolio

Cash

1% gold NSR

Buffelsfontein Mine (Simmers & Jack) Mine Waste Solutions (First Uranium)

8 Moz reserves

25 Moz resources

US$2.2M Current net over next 12 months

C$36M

Value of top 5 holdings (April 30, 2009):

1.  Crocodile Gold 2.  Dacha Capital 3.  Temujin Mining (PVT)

4. Sulliden Gold 5. Avion Gold

C$0.40/share

20other investments Potash Oil & Gas Mining

C$1-5M

Always evaluating new investments. Typical entry point:

Page 11: Aberdeen International - Corporate Presentation

TSX:AAB 11

Public Equities

War

rant

s

Debt

Asset Class

Gold & Precious Metals

Agricultural

Bulks

Public Equities & Warrants By Commodity

Page 12: Aberdeen International - Corporate Presentation

TSX:AAB 12

F&M “Forbes” Coal

Temujin Exploration   World class licenses covering 3 of the most prospective anomalies on

Oyu Tolgoi copper-gold belt in Mongolia   120 km strike length of strong copper and gold anomalies on 5

licenses   Limited drilling, no work done since 2005, vastly improved

geopolitical climate

  Export grade coal, world class asset, producing 1 million tonnes per year ROM

  Excellent infrastructure close to ports   Can TRIPLE production in 2-3 years, strong financial position   Future exploration projects in Southern Africa

Page 13: Aberdeen International - Corporate Presentation

TSX:AAB 13

Portfolio Leveraged To Gold And Junior Market

Private Holdings To Deliver And Unlock Value   Forbes Coal expected to list by Fall 2010   Amazon/Brazil Potash to spin off three companies

  Two expected to be public by year-end   Additional pleasant surprises coming from other holdings   Temujin will take longer to incubate, but looks promising

  Market set-back in May-June, but most holdings have performed well.

  Large warrant positions provide additional leverage   We do not manage the portfolio for the short-term!

  Exceptional upside as markets improve and companies execute

Page 14: Aberdeen International - Corporate Presentation

TSX:AAB 14

Investor Relations

Business Growth

  Hired Mike McAllister as Manager, IR   World-class website by July 2010   New focus by management to market our great story and our

successes/resource investment outsourcing   Focus on retail and small/generalist institutions

  More success expected from pre-IPO investments   JV funds to accretively accumulate assets – ‘early days’

Corporate Activity

  Complete share buy-back   Result from Simmer & Jack litigation

Page 15: Aberdeen International - Corporate Presentation

TSX:AAB 15

Share Structure Major Shareholders

Management & Directors RAB Capital Top Gold US Global TD

14%

Shareholders’ Equity (Q1) = $1.19/share

Share Price (June 16, 2010)   $0.38  Market Capitalization   $33.2M  52 week High/Low   $0.52/$0.12  

TSX:AAB  

Shares Issued & Outstanding   87.5M  

Warrants  (Exercise  price  $1.00,  Expiry  Date  June  6,  2012)    

37.5M  

Options   6.9M  

Fully Diluted   132M  

Page 16: Aberdeen International - Corporate Presentation

TSX:AAB 16

George Faught, C.A. Chief Executive Officer

David Stein, CFA, MSc. President & Chief Operating Officer

Stephan Theron Chief Financial Officer

Advisory Board

Board of Directors

Strong management with a DEPTH of experience in the resource sector and a PROVEN track record at building companies from the seed level through to highly successful exits

Management Team

Bruce Humphrey Chairman of Investment Committee

Stan Bharti, P.Eng. Executive Chairman

George Faught, C.A. Director

David Stein, CFA, MSc. Director

Hon. Pierre S. Pettigrew Director

Bernard Wilson, C.A. Director

Mike Hoffman, P.Eng. Director

Jean-Guy Lambert, MBA Director

Page 17: Aberdeen International - Corporate Presentation

David Stein President & COO 416-861-5812 [email protected]

Contact Details

Mike McAllister Investor Relations 416-309-2134 [email protected]

A Forbes & Manhattan Group Company