The new Executive Committee will assist the Company's executive officers in the advancement of Company projects. This Committee will consist of the following Board of Directors members: Lionel Leveille (Committee Chairman), Stephane Bertrand, Jean-Sebastien David and Pierre Meunier.
The Disclosure Committee, which includes executive officers, ensures the Company's adherence to continuous disclosure requirements. This committee will now consist of: Stephane Bertrand (Director and Committee Chairman), Richard Boudreault (President and CEO), Glenn Kelly (EVP and COO), Jacques Bedard (CFO), Marc Johnson (VP Corporate Development), Marc Filion (Strategic Resource Advisor) and Jonathan Labranche (Director of Legal Affairs).
Investor and Media Relations
Following a review of its approach to investor and media relations programs, the Company is internalizing certain of these functions and has appointed TMX Equicom as its sole external investor relations and media consultant. As a result, Orbite would like to thank its former external consultants Louis Morin, Sun Communications, Darrow and Associates, and Stanton for their dedicated services.
TMX Equicom was established in 1996 and is a leading Canadian provider of investor relations and strategic corporate communications. Headquartered in Toronto, and with offices in Calgary and San Diego, TMX Equicom has a team of professionals providing strategic communications services to more than 120 public companies including micro- to large-cap issuers from a diverse cross-section of businesses listed on the TSX, the TSX Venture Exchange, NASDAQ, NYSE, AMEX, ASX and AIM.
Investors and media are invited to contact Orbite and TMX Equicom in French or English. Updated contact information is provided at the end of this press release.
Annual General Meeting
Orbite announces that it will hold its Annual General Meeting in Montreal on Thursday, June 20, 2013 (the "AGM"). The time and address of the location will be set forth in Orbite's Management Information Circular and Proxy Form for the AGM. The record date for the meeting will be May 15, 2013.
Orbite Aluminae Inc. is a Canadian company with innovative and proprietary processes that can produce alumina and other high-value by-products, such as rare earth and rare metal oxides, at one of the lowest costs in the industry, without generating any wastes, using feedstocks that include aluminous clay, kaolin, nepheline, bauxite, red mud and fly ash. Orbite is currently operating and optimizing its first commercial high-purity alumina (HPA) production plant in Cap-Chat, Quebec. A Feasibility Study for Orbite's first smelter-grade alumina (SGA) production plant, using clay mined from its Grande Vallee deposit, is anticipated in the first quarter of 2014, subject to securing sufficient funding for the study. Orbite signed an exclusive worldwide collaborative agreement with Veolia Environmental Services for the remediation of red mud using the Orbite processes with the intent to begin construction of a Veolia-operated plant in 2014. The Company owns the intellectual property rights to nine patents and 32 pending patent applications in 10 different countries. Its intellectual property portfolio now contains 14 intellectual property families.
For more information on the Company or to download our corporate presentation please visit:
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 28, 2013 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.
Vice-President, Corporate Development
514-744-6264, ext. 131
External Investor Relations Consultant
416-815-0700, ext. 267
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