Orbite Technologies Inc.
TSX : ORT
OTCQX : EORBF

Orbite Technologies Inc.

June 18, 2015 18:03 ET

Orbite Announces Annual and Special Meeting Results

MONTRÉAL, QUÉBEC--(Marketwired - June 18, 2015) - Orbite Technologies Inc. (TSX:ORT) (OTCQX:EORBF) ("Orbite" or the "Company") announced today that shareholders of the Company have approved all resolutions put forth at the Annual and Special Meeting of Shareholders held in Montréal, Québec, on Thursday, June 18, 2015.

Shareholders elected each of the Company's nominees for director by the following votes cast by ballot:

Director Votes For % For Votes Withheld % Withheld
Claude Lamoureux 72,500,626 98.46 1,137,397 1.54
Glenn Kelly 71,165,753 96.67 2,450,270 3.33
Stephane Bertrand 66,645,081 90.48 7,012,943 9.52
Pascal Decary 66,687,108 90.54 6,970,915 9.46
Lionel Leveillé 69,317,533 94.11 4,340,490 5.89
Pierre Meunier 65,770,831 89.29 7,887,192 10.71
Christian Van Houtte 68,873,366 93.50 4,784,657 6.5

Shareholders voted to appoint KPMG LLP as the Company's auditor, and authorized the directors to fix their remuneration.

Shareholders also approved the Company's incentive stock option plan, restricted share unit plan and deferred share unit plan.

Complete voting results can be found on www.sedar.com.

About Orbite

Orbite Techonolgies Inc. is a Canadian clean technology based mineral-processing and resource development company whose innovative and proprietary processes are expected to produce alumina and other high-value products, such as rare earth and rare metal oxides, at one of the lowest costs in the industry, and in a sustainable fashion, using feedstocks that include aluminous clay, kaolin, nepheline, bauxite, red mud, fly ash as well as serpentine residues from chrysotile processing sites. Orbite is currently in the process of finalizing its first commercial high-purity alumina (HPA) production plant in Cap-Chat, Québec and has completed the basic engineering for a proposed smelter-grade alumina (SGA) production plant, which would use clay mined from its Grande-Vallée deposit. The Company's portfolio contains 15 intellectual property families, including 17 patents and 95 pending patent applications in 11 different countries and regions. The first intellectual property family is patented in Canada, USA, Australia, China, Japan and Russia. The Company also operates a state of the art technology development center in Laval, Québec, where its technologies are developed and validated.

Contact Information

  • TMX EQUICOM
    Marc Lakmaaker, External Investor Relations Consultant
    1-800-385-5451 ext. 248
    mlakmaaker@tmxequicom.com

    For Media Inquiries:
    TMX EQUICOM
    Scott Anderson, External Media Relations Consultant
    1-800-385-5451, ext. 252
    sanderson@tmxequicom.com