Orbite Aluminae Inc.
TSX : ORT

Orbite Aluminae Inc.

May 24, 2012 16:56 ET

Orbite Collaborates With Gaspe MRCs to Implement a Manpower Training Program and Receives its Construction Permit for the HPA Plant

MONTREAL, QUEBEC--(Marketwire - May 24, 2012) - Orbite Aluminae Inc. (TSX:ORT) (the "Company") is proud to announce that it is developing a program to train prospective employees for its projected facilities, i.e. its high-purity alumina (HPA) production plant in Cap-Chat, scheduled for commissioning at the end of 2012, and its larger-scale smelter grade alumina (SGA) plant. The initiative is being undertaken in collaboration with the Gaspésie leaders of the regional county municipalities (MRCs) of Côte-de-Gaspé and Haute-Gaspésie and targets current and future Orbite employees.

The training program planned in conjunction with the two MRCs is based on an existing education and training platform for employees working with chemical processes and applications much like the transformation process developed by Orbite. The program's objective is to provide individuals who would like to work in the chemical and metallurgical transformation industry with the opportunity to refine or develop their skills.

"Our training plan has been designed and adapted for both the high-purity and smelter grade alumina production processes, which require the handling of chemical products. This training is essential to ensure high-quality production, particularly as it relates to employee health and safety," declared Denis Primeau, Eng., MBA, and Chief Engineer of Orbite Aluminae.

The training program will offer a technical college degree (DEC) in chemical and petrochemical processes and a faster Attestation of Collegial Studies (AEC) diploma. The initiative will enable both the Company and Quebec's chemical and mining sector to hire technicians trained by industry experts at a time when a major initiative of the Quebec Government, the Plan Nord, is fast becoming a reality.

"The college and accelerated certification programs will enable prospective Orbite Aluminae employees to develop their skills and will offer people in the Gaspé area the opportunity to obtain high-quality jobs at both the Cap-Chat plant and that planned for the Estran district," explained Allen Cormier, Prefect of the MRC de La Haute-Gaspésie.

François Roussy, Prefect and Mayor of Gaspé, also voiced his support for the program: "The deployment of Orbite's industrial activities represents exciting job opportunities for our citizens. To help them access these jobs, we are joining forces with Orbite to implement the announced college training programs."

The chemical and petrochemical technical program will be developed and offered by colleges in the Gaspé region in conjunction with programs that exist elsewhere in Quebec.

HPA plant construction permit

Orbite also announces that in accordance with its operational plan, it has received a construction permit from the Cap-Chat municipality authorizing it to begin work leading to the conversion of its pilot plant into a high-purity alumina production plant.

About Orbite

Orbite currently owns 100% of the mining rights over a total of 60 984 hectares including the Grande-Vallee property measuring 6 665 hectares, the site of an aluminous clay deposit located 23 km south of Grande-Vallee, and a 2 600 m2 facility in the process of being converted into a high-purity alumina plant in Cap Chat, in the Gaspe region. An NI 43-101 report identified a Resource of between 800 million and 1 billion tonnes of aluminous clay in part of the deposit. The Company also owns nine different families of intellectual property rights, protected by Canadian and U.S. patents, for extracting alumina and for which patents are also pending in other countries. www.orbitealuminae.com.

Forward-looking statements

Certain information contained in this document may include "forward-looking information". Without limiting the foregoing, the information and any forward-looking information may include statements regarding projects, costs, objectives and future returns of the Company or hypotheses underlying these items. In this document, words such as "may", "would", "could", "will", "likely", "believe", "expect", "anticipate", "intend", "plan", "estimate" and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. Forward-looking statements and information are based on information available at the time and/or the Company management's good-faith beliefs with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Company's control. These risks uncertainties and assumptions include, but are not limited to, those described in the section of the Management's Discussion and Analysis (MD&A) entitled "Risk and Uncertainties" as filed on March 22, 2012 on SEDAR, and could cause actual events or results to differ materially from those projected in any forward-looking statements. The Company does not intend, nor does it undertake, any obligation to update or revise any forward-looking information or statements contained in this document to reflect subsequent information, events or circumstances or otherwise, except as required by applicable laws.

Contact Information

  • MEDIA
    Frederic Berard
    Vice-President and General Manager
    H+K Strategies
    Tel.: 514-395-0375, ext. 259

    Orbite
    Jacques Bedard
    CFO
    Orbite Aluminae Inc.
    514-744-6264

    INVESTORS
    Louis Morin
    Investor Relations
    Tel.: 514-591-3988

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

    Nicole Blanchard
    Investor Relations
    Sun International Communications
    Tel.: 450-973-6600