Orbite Aluminae Inc.
TSX : ORT

Orbite Aluminae Inc.

November 29, 2011 10:45 ET

Orbite Responds to Halt Trading and Postpones Conference Call

MONTREAL, QUEBEC--(Marketwire - Nov. 29, 2011) - 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-Vallée property, the site of an aluminous clay deposit located 23 km to the south of Grande-Vallée, and a 2 600 sq. m. full scale pilot plant in Cap Chat, in the Gaspé 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. www.orbitealuminae.com

Contact Information

  • 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