EXPLORATION ORBITE VSPA INC.
MONTREAL, June 20 /CNW Telbec/ - Exploration Orbite VSPA Inc. signs an
exclusive commercialization agreement with Amalgamet Canada a subsidiary of
Amalgamated Metals of London UK. With this agreement, Amalgamet Canada becomes
the sole agent for the sales of high purity alumina to be produced from the
Grande-Vallée site in the Gaspé Peninsula. Amalgamet Canada, established in
1921, already manages agencies for producers of non-ferrous metals, specialty
metals and minerals worldwide.
"Signing this agreement with a key player such as Amalgamet is very
important to our go-to-market strategy. It underlines the world class
potential of the Grande-Vallée specialty alumina project" confirmed Richard
Boudreault, president of Exploration Orbite.
"An important factor is that Exploration Orbite VSPA will be a fully
integrated future producer in view of the alumina clay deposit located in the
Gaspesie region in the Province of Quebec from which the ultra pure and
specialty alumina will be extracted and manufactured with highly competitive
costs" as quoted by Mr. Charles Merivale, Senior Vice President of Amalgamet
The management of Orbite confirms the priority of the Alumina project at
Grande-Vallée. "We have successfully reached another critical milestone in
regards to the Grande-Vallée's specialty alumina project with this agreement."
indicated Mr. Boudreault.
Exploration Orbite VSPA Inc. owns 100% of the mining rights of the
Grande-Vallée property, an alumina clay deposit representing a surface area of
approximately 2,300 hectares located 32 km North-East of Murdochville, in the
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or the veracity of the information contained in this release.
For further information:
For further information: Richard Boudreault, MBA, Adm. A., President,
(514) 355-4020, email@example.com