DISCLOSURE UPDATE

TORONTO STOCK EXCHANGE: ORT

MONTREAL, Feb. 10, 2012 /CNW Telbec/ - Orbite Aluminae Inc. has been informed by the representatives of the Autorité des marchés financiers (AMF) that the AMF considers that the Preliminary Economic Assessment Technical Report released on January 12, 2012 in respect of its Grande-Vallée project does not comply with the requirements of National Instrument 43-101 - Standards of Disclosure for Mineral Projects (NI 43-101).  The AMF has also informed Orbite that it has until February 24, 2012 to produce a revised technical report.  Orbite is reviewing the matter and will update the market as required.

About Orbite

Orbite owns 100% of the mining rights on a Grande-Vallée property of approximately 6 441 hectares, the site of an aluminous clay deposit located 23 km south of Grande-Vallée, and a 2 600 square metre full scale pilot plant in Cap Chat, in the Gaspé region. An NI 43-101 report issued in August 2011 identified an Indicated Resource of about one 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 


SOURCE Orbite Aluminae Inc.

For further information:

MEDIA 

Frédéric Bérard
HKDP Communications and Public Affairs
Tel.: 514-395-0375, ext. 259

Jacques Bédard
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

Profil de l'entreprise

Orbite Aluminae Inc.

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