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Orbite Appoints Michael Hanley and Jean-Sebastien David to Its Board of Directors
Edited by : AL CIRCLE
2 min read
Orbite Aluminae Inc (the "Company") is pleased to announce two new appointments to its Board of Directors, adding Michael Hanley and Jean-Sebastien David as independent Board members. These appointments take effect immediately.
"These additions strengthen the Board's governance and enable continued adherence to Best Practices. Mr. Hanley and Mr. David will add to the already significant background, network, and experience of the Board, thus facilitating Orbite's development," stated Lionel Leveille, Chairman of the Board of Directors of Orbite Aluminae. "We are delighted to welcome Mr. Hanley and Mr. David to Orbite, as both individuals bring with them leading-edge expertise and impressive track records," declared Richard Boudreault, President and CEO of Orbite Aluminae. "The arrival of these new members, bringing the Board composition from seven to nine members, reaffirms the commitment of our Board of Directors to the success and sound management of our business and further facilitates our ongoing transition towards commercialization of alumina products."
About Orbite
Orbite currently owns 100% of the mining rights over a total of 60 984 hectares including the Grande-Vallee property measuring 6 665 hectares, the site of an aluminous clay deposit located 23 km south of Grande-Vallee, and a 2 600 m2 facility in the process of being converted into a high-purity alumina plant in Cap Chat, in the Gaspe region. An NI 43-101 report identified a Resource of between 800 million and 1 billion tonnes of aluminous clay in part of the deposit. The Company also owns nine different families of intellectual property rights, protected by Canadian and U.S. patents, for extracting alumina and for which patents are also pending in other countries.
"These additions strengthen the Board's governance and enable continued adherence to Best Practices. Mr. Hanley and Mr. David will add to the already significant background, network, and experience of the Board, thus facilitating Orbite's development," stated Lionel Leveille, Chairman of the Board of Directors of Orbite Aluminae. "We are delighted to welcome Mr. Hanley and Mr. David to Orbite, as both individuals bring with them leading-edge expertise and impressive track records," declared Richard Boudreault, President and CEO of Orbite Aluminae. "The arrival of these new members, bringing the Board composition from seven to nine members, reaffirms the commitment of our Board of Directors to the success and sound management of our business and further facilitates our ongoing transition towards commercialization of alumina products."
About Orbite
Orbite currently owns 100% of the mining rights over a total of 60 984 hectares including the Grande-Vallee property measuring 6 665 hectares, the site of an aluminous clay deposit located 23 km south of Grande-Vallee, and a 2 600 m2 facility in the process of being converted into a high-purity alumina plant in Cap Chat, in the Gaspe region. An NI 43-101 report identified a Resource of between 800 million and 1 billion tonnes of aluminous clay in part of the deposit. The Company also owns nine different families of intellectual property rights, protected by Canadian and U.S. patents, for extracting alumina and for which patents are also pending in other countries.
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