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Home : Orbite Finalizes Settlement Agreements with Gastier MP and Vtek Consultants
Jul 24
2013

Orbite Finalizes Settlement Agreements with Gastier MP and Vtek Consultants

MONTREAL, QUEBEC--(Marketwired - July 23, 2013) - Orbite Aluminae Inc. (TSX:ORT)(OTCQX:EORBF) ("Orbite") announces the issuance of an aggregate of 14,525,146 class A shares at a price of C$0.945 per share to Gastier MP Inc. and Vtek Consultants Inc., two of its suppliers, in full settlement of their respective outstanding claims. The shares are issued pursuant to settlement agreements summarized in Orbite's final short form prospectus dated July 15, 2013, which qualifies the issuance of the shares.
Source:http://www.marketwire.com/mw/release.do?id=1813919&sourceType=3
 
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