Trade Alert: Orbite V.S.P.A. inc. (Exploration) (TSX-V: ORT.A) Changes its Name to Orbite Aluminae

Effective Today - Monday, October 17, 2011 - Orbite V.S.P.A. inc. (Exploration) (TSX-V: ORT.A) Changes its Name to Orbite Aluminae Inc.
By: John Pentony
 
Oct. 17, 2011 - PRLog -- On Monday, October 17, 2011, Orbite V.S.P.A. inc. (Exploration) (TSX-V: ORT.A) will start using its new name “Orbite Aluminae Inc.” The company has announced last Friday that the change in name will not impact the company’s organizational structure or day-to-day operations and that the new name, “Orbite Aluminae Inc.”, reflects more accurately Orbite’s current activities as an alumina extraction company.

Orbite owns 100% of the mining rights on approximately 6,400 hectares of a Grande-Vallée property, the site of an aluminous clay deposit located 23 km to the south of Grande-Vallée, and a 28,000 sq. ft. full scale redundant line 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.

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