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���������������� EXPLORATION ORBITE V.S.P.A. INC. �����
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Private placement of $1,505,000
Exploration Orbite V.S.P.A. Inc. (ORT.A- TSX.V) wishes to annouce that it is proceeding with a private placement of a maximum of 430 units at $3,500 per unit.
Each unit is made up of 25,000 class �A� shares at $0.14 each and 25,000 share purchase warrants, each warrant entitling the holder to purchase one common share at $0.20 for a 12-month period.
The proceeds from the $1,505,000 financing will be used for working capital.
Shares issued pursuant to the offering will be subject to a four-month hold period.� No finder�s fee will be payable on the transaction, which is subject to regulatory approval.
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TSX exchange does not accept any responsibility for the content or the veracity of the information contained in this release.
E-mail : st-jacques@qc.aira.com������������������������������
Tel :514-849-7336����� Fax : 514-849-9260���������������
Orbite est une société d’exploration minière d'argent et d'or basée au Canada.
Orbite est productrice d'argent, d'or, d'aluminum au Canada, et détient divers projets d'exploration au Canada.
Son principal projet en production est GRANDE VALLEE au Canada et ses principaux projets en exploration sont LE TAC PROPERTY, PRIVAT et VASSAN au Canada.