Orbite Updates Market on Financing Initiative

MONTREAL, QUEBEC--(Marketwired - Oct. 18, 2013) -

Orbite Aluminae Inc. (TSX:ORT)(OTCQX:EORBF) ("Orbite" or the "Corporation") wishes to update the market on its ongoing financing initiatives. Orbite confirms its Short Form Prospectus dated July 15, 2013 has since expired and was not renewed or extended by the Corporation. Orbite management reconfirms that it is actively focused on completing an offering within the coming weeks. The financing initiative has progressed positively since the last update of September 16, 2013.

This release does not constitute an offer for sale of securities nor a solicitation for offers to buy any securities. The securities referred to in this press release have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities law and may not be offered or sold to, or for the account or benefit of, persons in the United States or "U.S. persons", as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.