Orbite Responds to Halt Trading and Postpones Conference Call

Orbite Responds to Halt Trading and Postpones Conference Call

ID: 92078

(firmenpresse) - MONTREAL, QUEBEC -- (Marketwire) -- 11/29/11 -- Orbite Inc. ("Orbite") (TSX: ORT) was advised by Investment Industry Regulatory Organization of Canada on behalf of the Toronto stock exchange that its stock was halted following the release of the news of this morning.

About Orbite

Orbite owns 100% of the mining rights on approximately 6,441 hectares of a Grande-Vallee property, the site of an aluminous clay deposit located 23 km to the south of Grande-Vallee, and a 2 600 sq. m. full scale pilot plant in Cap Chat, in the Gaspe region. The NI 43-101 report issued in August 2011 has identified an Indicated Resource of about 1 Billion tonnes of aluminous clay in part of the deposit. The Company also owns the intellectual property rights to a unique Canada and U.S.-patented process for extracting alumina from aluminous ores and for which patents are also pending in other countries.



Contacts:
MEDIA
Frederic Berard
Vice-President
HKDP Communications and public affairs
514-395-0375, ext. 259

Jacques Bedard
Vice-President Finance and Chief Financial
Orbite Aluminae Inc.
514-744-6264

Louis Morin
Investor Relations
Orbite Aluminae Inc.
514-591-3988

Jason Monaco
Managing Partner
First Canadian Capital Corp.
416-742-5600

Nicole Blanchard
Investor Relations
Sun International Communications
450-973-6600



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Unternehmensinformation / Kurzprofil:
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Bereitgestellt von Benutzer: MARKET WIRE
Datum: 29.11.2011 - 15:45 Uhr
Sprache: Deutsch
News-ID 92078
Anzahl Zeichen: 0

contact information:
Town:

MONTREAL, QUEBEC



Kategorie:

Mining & Metals



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