Orbite Aluminae’s C$5 Million Private Placement Completes

Orbite Aluminae Inc. (TSX:ORT,OTCQX:EORBF) announced the oversubscription and completion of the previously announced brokered private placement of units for an aggregate amount of $5,000,000.

As quoted in the press release:

Each unit was priced at $5,000 and was comprised of 1,156 class “A” shares issued on a flow-through basis at $3.25 each and 478 non flow-through class “A” shares at $2.60 each.

Orbite Aluminae President and CEO Richard Boudreault said:

This financing enables Orbite to accelerate the exploration of its properties across the Gaspé and Quebec City regions of Quebec and in Nova Scotia with the goal of diversifying our potential mine sites feeding multiple SGA and HPA plants at various locations.

Click here to read the Orbite Aluminae Inc. (TSX:ORT,OTCQX:EORBF) press release

See this press release on Marketwire
Click here to see the Orbite Aluminae Inc. (TSX:ORT,OTCQX:EORBF) profile.

Get the Latest Aluminum Investing Stock Information

Get the latest information about companies associated with Aluminum Investing delivered directly to your inbox.

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

resource ebook2

Get the Top Stories on Resource Investing FREE!

  Learn what is going on before you buy from this FREE Special Report, Who is Kitco? to US Mint: Sold Out! – Top Articles from Resource Investing News.

Leave a Reply