Latest Exploration Orbite V (EORBF) Headlines
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Orbite Announces 10M$ Equity Investment by the Government of Quebec
Marketwire - Mon Mar 03, 10:01AM CST
Orbite Aluminae Inc. (TSX: ORT)(OTCQX: EORBF) ("Orbite" or the "Company") is pleased to announce that the Government of Quebec formally approved a 10M$ equity investment in Orbite by Investissement Quebec ("IQ"), a mandatory of the Quebec Government. The announcement was made at Orbite's High Purity Alumina ("HPA") production facility in Cap-Chat, Quebec, in the presence of Mr. Gaetan Lelievre, Member of the National Assembly of Quebec for Gaspe, Minister for Regions and Minister responsible for the Gaspesie-Iles-de-la-Madeleine region and the Bas-St-Laurent region.
Orbite Announces Changes to President and Chief Executive Officer Position and to its Board of Directors
Marketwire - Mon Feb 17, 12:35PM CST
The Board of Directors of Orbite Aluminae Inc. (TSX: ORT)(OTCQX: EORBF) ("Orbite" or the "Company") announced that Mr. Glenn Kelly, previously Executive Vice-President and Chief Operating Officer of the Company, has been named President and Chief Executive Officer.
Orbite Receives 4M$ Financial Contribution from Canada Economic Development
Marketwire - Thu Jan 30, 2:05PM CST
Orbite Aluminae inc. (TSX: ORT)(OTCQX: EORBF) ("Orbite" or the "Company") is pleased to announce it was granted a 4M$ non-interest bearing repayable financial contribution from Canada Economic Development for Quebec regions (the "Agency"). The announcement occurred at Orbite's technology development center in Laval, Quebec, by the Honorable Denis Lebel, the Federal Minister of Infrastructure, Communities and Intergovernmental Affairs and Minister of the Economic Development Agency of Canada for the Regions of Quebec.
Orbite Updates Construction of HPA Facility
Marketwire - Wed Jan 29, 5:45PM CST
Orbite Aluminae Inc. (TSX: ORT)(OTCQX: EORBF) ("Orbite" or the "Corporation"), announced today its first update on the construction and optimization activities of its high purity alumina ("HPA") production facility located in Cap-Chat, Quebec.
GeneNews Limited Announces Conversion of Convertible Debentures Into Common Shares
GlobeNewswire - Thu Dec 19, 9:10AM CST
GeneNews Limited ("GeneNews" or the "Company") (TSX:GEN) announces, further to its press releases of November 13, December 5, December 12 and December 16, 2013, the conversion today of $2,728,942 outstanding convertible debentures of the Company (the "Convertible Debentures") plus accrued interest of $2,046,708 into a total of 10,160,957 common shares of the Company (the "Common Shares"). The holders of the Convertible Debentures converted the principal amount of their Convertible Debentures, together with the accrued and unpaid interest thereon, into Common Shares at a price per Common Share of $0.47, which was equal to 90% of the five (5) day volume weighted average price of the Common Shares on the Toronto Stock Exchange for the period ending on December 11, 2013. The issuance of the Common Shares represents a dilution of 30% of the 33,744,883 previously issued and outstanding Common Shares.
Orbite Aluminae Inc.: Update on Ongoing Discussions With the Government of Quebec
Marketwire - Thu Dec 19, 7:03AM CST
Orbite Aluminae Inc. (TSX: ORT)(OTCQX: EORBF) ("Orbite" or the "Corporation") announced today that, as a follow-up to its October 11, 2013 press release and as a response to significant shareholder enquiry and informal disclosures by several third parties, the Corporation wishes to clarify the status of its financing discussions with the Government of Quebec. The Corporation is currently in discussions with Investissement Quebec ("IQ") regarding a potential equity investment of up to 10M$, subject to several conditions which have yet to be satisfied, including Cabinet approval, customary due diligence, agreement on terms and pricing and regulatory approval. The Corporation will keep the markets informed of any material progress in these discussions.
Orbite Provides Update on Status and Development Plan for HPA Facility
Marketwire - Thu Oct 24, 6:41PM CDT
Orbite Aluminae Inc. (TSX: ORT)(OTCQX: EORBF) ("Orbite" or the "Corporation") today reported on the present status, development plan and updated budget for completing its high-purity alumina (HPA) production plant in Cap-Chat, Quebec.
Orbite Announces Second Quarter 2013 Results
Marketwire - Fri Aug 09, 7:32PM CDT
Orbite Aluminae Inc. (TSX: ORT)(OTCQX: EORBF) ("Orbite", or the "Corporation") announced today the filing of its unaudited financial and operating results for its quarter ended June 30, 2013. The Corporation reported a net loss of $3.4 million ($0.02 per share) for the second quarter of 2013 compared to $6.1 million ($0.03 per share) for the second quarter of 2012. All dollar amounts are in Canadian dollars unless stated otherwise.
Orbite Announces Changes to Management
Marketwire - Tue Aug 06, 3:35PM CDT
Orbite Aluminae Inc. (TSX: ORT)(OTCQX: EORBF) (Orbite or the Company) today announced two changes to its senior management team.
Orbite Finalizes Settlement Agreements with Gastier MP and Vtek Consultants
Marketwire - Tue Jul 23, 4:01PM CDT
Orbite Aluminae Inc. (TSX: ORT)(OTCQX: EORBF) ("Orbite") announces the issuance of an aggregate of 14,525,146 class A shares at a price of C$0.945 per share to Gastier MP Inc. and Vtek Consultants Inc., two of its suppliers, in full settlement of their respective outstanding claims. The shares are issued pursuant to settlement agreements summarized in Orbite's final short form prospectus dated July 15, 2013, which qualifies the issuance of the shares.
Orbite Announces Annual General Meeting Results
Marketwire - Thu Jun 20, 4:56PM CDT
Orbite Aluminae Inc. (TSX: ORT)(OTCQX: EORBF) ("Orbite" or the "Company") announced today that shareholders have approved all resolutions put forth at the Annual Meeting of Shareholders held in Montreal, Quebec, on Thursday, June 20, 2013.