There were 2,399 press releases posted in the last 24 hours and 431,960 in the last 365 days.

Orbite Announces Annual Meeting Results


/EINPresswire.com/ -- MONTREAL, QUEBEC -- (Marketwired) -- 06/22/16 -- Orbite Technologies Inc. (TSX: ORT)(OTCQX: EORBF) ("Orbite" or the "Company") announced today that shareholders of the Company have approved all management resolutions put forth at the Annual Meeting of Shareholders held in Montreal, Quebec, on Wednesday, June 22, 2016.

Shareholders elected each of the Company's nominees for director by the following votes cast by ballot:


----------------------------------------------------------------------------
Director                   Votes For      % For   Votes Withheld % Withheld
----------------------------------------------------------------------------
Glenn Kelly               62,531,744      95.33%       3,066,461       4.67%
----------------------------------------------------------------------------
Claude Lamoureux          65,922,139      97.71%       1,541,941       2.29%
----------------------------------------------------------------------------
Pascal Decary             60,450,052      89.60%       7,014,028      10.40%
----------------------------------------------------------------------------
Lionel Leveille           63,309,223      95.84%       2,746,857       4.16%
----------------------------------------------------------------------------
Pierre B. Meunier         63,136,004      93.58%       4,328,076       6.42%
----------------------------------------------------------------------------
Stephane Bertrand         63,547,999      94.20%       3,916,081       5.80%
----------------------------------------------------------------------------
Pierre Gignac             65,662,040      97.33%       1,802,040       2.67%
----------------------------------------------------------------------------

Shareholders voted to appoint KPMG LLP as the Company's auditor, and authorized the directors to fix their remuneration. The Company received a shareholder proposal for the election of Mr. Lorenzo D'Alesio as nominee for director which was defeated 5.76% of votes for and 94.24% votes withheld.

Complete voting results can be found on www.sedar.com.

About Orbite

Orbite Technologies Inc. is a Canadian cleantech company whose innovative and proprietary processes are expected to produce alumina and other high-value products, such as rare earth and rare metal oxides, at one of the lowest costs in the industry, and in a sustainable fashion, using feedstocks that include aluminous clay, kaolin, nepheline, bauxite, red mud, fly ash as well as serpentine residues from chrysotile processing sites. Orbite is currently in the process of commercializing its first HPA Plant in Cap-Chat. The Company's portfolio contains 16 intellectual property families, including 32 patents and 101 pending patent applications in 11 different countries and regions. The first intellectual property family is patented in Canada, USA, Australia, China, Japan and Russia. The Company also operates a state of the art technology development center in Laval, Quebec, where its technologies are developed and validated.

Contacts:
NATIONAL Equicom
Marc Lakmaaker
External Investor Relations Consultant
416-848-1397
mlakmaaker@national.ca

For Media Inquiries:
NATIONAL Equicom
Scott Anderson
External Media Relations Consultant
416-586-1954
sanderson@national.ca


Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.