reports
Orbite fait une mise à jour corporative
Orbite fait une mise à jour corporative LAVAL, Québec, 18 déc. 2019 (GLOBE NEWSWIRE) -- Technologies Orbite Inc. (NEX : ORT.H) (« Orbite » ou la « Société ») a fourni aujourd'hui une mise à jour de son plan pour émerger de la protection de la LACC. Les définitions de certains termes utilisés apparaissent à la fin de ce communiqué. La Cour de la LACC proroge la période de suspension Tel qu’annoncé le 26 novembre 2019, la Cour de la LACC a émis une ordonnance en vertu de la LACC prorogeant la Période de suspension jusqu'au 13 décembre 2019. Le 13 décembre 2019, la Cour de la LACC a accu...
Orbite Provides Corporate Update
Orbite Provides Corporate Update LAVAL, Québec, Dec. 18, 2019 (GLOBE NEWSWIRE) -- Orbite Technologies Inc. (NEX: ORT.H) (“Orbite” or the “Company”) today provided an update on its plan to emerge from CCAA protection. Definitions of the capitalized terms used herein can be found at the end of this press release. CCAA Court extends the Stay Period to allow potential sale of the Company As announced on November 26, 2019, the CCAA Court issued an order pursuant to the CCAA providing for a Stay Period until December 13, 2019. On December 13, 2019 the CCAA Court granted a motion filed by the...
Orbite fait une mise à jour corporative
Orbite fait une mise à jour corporative LAVAL, Québec, 29 nov. 2019 (GLOBE NEWSWIRE) -- Technologies Orbite Inc. (NEX : ORT.H) (« Orbite » ou la « Société ») a fourni aujourd'hui une mise à jour de son plan pour émerger de la protection de la LACC. Les définitions de certains termes utilisés apparaissent à la fin de ce communiqué. La Cour de la LACC proroge la période de suspension Tel qu’annoncé le 1er novembre, la Cour de la LACC a émis une ordonnance en vertu de la LACC prorogeant la Période de suspension jusqu'au 26 novembre 2019. Le 26 novembre 2019, la Cour de la LACC a accueill...
Orbite Provides Corporate Update
Orbite Provides Corporate Update LAVAL, Québec, Nov. 29, 2019 (GLOBE NEWSWIRE) -- Orbite Technologies Inc. (NEX: ORT.H) (“Orbite” or the “Company”) today provided an update on its plan to emerge from CCAA protection. Definitions of the capitalized terms used herein can be found at the end of this press release. CCAA Court extends the Stay Period As announced on November 1, 2019, the CCAA Court issued an order pursuant to the CCAA providing for a Stay Period until November 26, 2019. On November 26, 2019 the CCAA Court granted a motion filed by the Company and issued an order extending t...
Orbite Provides Corporate Update
Orbite Provides Corporate Update LAVAL, Québec, Nov. 01, 2019 (GLOBE NEWSWIRE) -- Orbite Technologies Inc. (NEX: ORT.H) (“Orbite” or the “Company”) today provided an update on its plan to emerge from CCAA protection. Definitions of the capitalized terms used herein can be found at the end of this press release. CCAA Court extends the Stay Period As announced on October 7, 2019, the CCAA Court issued an order pursuant to the CCAA providing for a Stay Period until October 29, 2019. On October 28, 2019 the CCAA Court granted a motion filed by the Company and issued an order extending the ...
Orbite Provides Corporate Update
Orbite Provides Corporate Update LAVAL, Québec, Oct. 18, 2019 (GLOBE NEWSWIRE) -- Orbite Technologies Inc. (NEX: ORT.H) (“Orbite” or the “Company”) today provided an update on its plan to emerge from CCAA protection. Definitions of the capitalized terms used herein can be found at the end of this press release. Sale and Investment Solicitation Process (SISP) As announced on October 7, 2019, the Monitor, in concert with Orbite, continues its discussions with certain bidders in the SISP process. The CCAA Court had extended the Stay Period until October 29, 2019. The Company will provid...
Orbite Provides Corporate Update
Orbite Provides Corporate Update LAVAL, Québec, Oct. 07, 2019 (GLOBE NEWSWIRE) -- Orbite Technologies Inc. (NEX: ORT.H) (“Orbite” or the “Company”) today provided an update on its plan to emerge from CCAA protection. Definitions of the capitalized terms used herein can be found at the end of this press release. CCAA Court extends the Stay Period As announced on September 16, 2019, the CCAA Court issued an order pursuant to the CCAA providing for a Stay Period until October 4, 2019. On October 4, 2019 the CCAA Court granted a motion filed by the Company and issued an order e...
Orbite Provides Corporate Update
Orbite Provides Corporate Update LAVAL, Quebec, Sept. 16, 2019 (GLOBE NEWSWIRE) -- Orbite Technologies Inc. (NEX: ORT.H) (“Orbite” or the “Company”) today provided an update on its plan to emerge from CCAA protection. Definitions of the capitalized terms used herein can be found at the end of this press release. CCAA Court extends the Stay Period As announced on August 15, 2019, the CCAA Court issued an order pursuant to the CCAA providing for a Stay Period until September 13, 2019. On September 13, 2019 the CCAA Court granted a motion filed by the Company and issued an order extending...
Orbite Provides Corporate Update
Orbite Provides Corporate Update LAVAL, Quebec, Aug. 15, 2019 (GLOBE NEWSWIRE) -- Orbite Technologies Inc. (NEX: ORT.H) (“Orbite” or the “Company”) today provided an update on its plan to emerge from CCAA protection. Definitions of the capitalized terms used herein can be found at the end of this press release. CCAA Court extends the Stay Period As announced on June 6, 2019, the CCAA Court issued an order pursuant to the CCAA providing for a Stay Period until August 16, 2019. On August 15, 2019 the CCAA Court granted a motion filed by the Company and issued an order extending the Stay ...
Orbite Shuts down Operations at its HPA Plant due to problems with Out...
Orbite Shuts down Operations at its HPA Plant due to problems with Outotec Calcination Equipment LAVAL, Québec, June 21, 2019 (GLOBE NEWSWIRE) -- Orbite Technologies Inc. (NEX: ORT.H) (“Orbite” or the “Company”) today announced the immediate shutdown of operations at the HPA Plant due to technical problems with the Outotec calcination equipment. (Definitions of the capitalized terms used herein can be found at the end of this press release.) As previously disclosed, the start-up bed of amorphous HPA was injected into the decomposer and it was filled to its operational level. The upstrea...
Orbite Provides Corporate Update
Orbite Provides Corporate Update LAVAL, Quebec, June 07, 2019 (GLOBE NEWSWIRE) -- Orbite Technologies Inc. (NEX: ORT.H) (“Orbite” or the “Company”) today provided an update on its progress in implementing the solutions to resolve the issues encountered with the calcination equipment at its HPA Plant, as part of its plan to emerge from CCAA protection. Definitions of the capitalized terms used herein can be found at the end of this press release. Update on HPA Plant Startup • As previously disclosed: The Company started up the digestion circuit of the hydrometallurgical section of the ...
Orbite Provides Corporate Update
Orbite Provides Corporate Update LAVAL, Quebec, May 09, 2019 (GLOBE NEWSWIRE) -- Orbite Technologies Inc. (NEX: ORT.H) (“Orbite” or the “Company”) today provided an update on its progress in implementing the solutions to resolve the issues encountered with the calcination equipment at its HPA Plant, as part of its plan to emerge from CCAA protection. Definitions of the capitalized terms used herein can be found at the end of this press release. Update on Calcination Equipment and Modifications The requisite changes to the calcination equipment and the impacted upstream sections of the ...
Orbite Provides Corporate Update
Orbite Provides Corporate Update LAVAL, Québec, March 06, 2019 (GLOBE NEWSWIRE) -- Orbite Technologies Inc. (NEX: ORT.H) (“Orbite” or the “Company”) today provided an update on its progress in implementing the solutions to resolve the issues encountered with the calcination equipment at its HPA Plant, as part of its plan to emerge from CCAA protection. Definitions of the capitalized terms used herein can be found at the end of this press release. CCAA Court extends the Stay Period and approves interim financings As announced on January 30, 2019, the CCAA Court issued an order pursuant ...
Orbite Provides Corporate Update
Orbite Provides Corporate Update LAVAL, Quebec, Jan. 30, 2019 (GLOBE NEWSWIRE) -- Orbite Technologies Inc. (NEX: ORT.H) (“Orbite” or the “Company”) today provided an update on its progress in implementing the solutions to resolve the issues encountered with the calcination equipment at its HPA Plant, as part of its plan to emerge from CCAA protection. Definitions of the capitalized terms used herein can be found at the end of this press release. Update on Outotec Calcination Equipment Following the settlement transaction with the calcination equipment supplier in July, the technical t...
Orbite Provides Corporate Update
Orbite Provides Corporate Update LAVAL, Québec, Oct. 04, 2018 (GLOBE NEWSWIRE) -- Orbite Technologies Inc. (NEX: ORT.H) (“Orbite” or the “Company”) today provided an update on its progress in implementing the solutions to resolve the issues encountered with the calcination equipment, as part of its plan to emerge from the protection of the Companies’ Creditors Arrangement Act (“CCAA”). Update on Financial Situation Further to its press release of July 16, 2018, the Company announced on July 30th that it had received both the CDN$3.5 million Settlement Payment and the CDN$4.0 million DIP...
Orbite Provides Corporate Update
Orbite Provides Corporate Update LAVAL, Québec, July 30, 2018 (GLOBE NEWSWIRE) -- Orbite Technologies Inc. (NEX: ORT.H) (“Orbite” or the “Company”) today provided an update on its continuing efforts to emerge from the protection of the Companies’ Creditors Arrangement Act (“CCAA”). Orbite completes the Transaction Further to its press release of July 16, 2018, the Company announces it has received both the CDN$3.5 million Settlement Payment and the CDN$4.0 million DIP Loan. The terms and conditions of the DIP Loan as well as the rank of the security granted are disclosed in more detail ...
Orbite Provides Corporate UpdateÂ
Orbite Provides Corporate Update LAVAL, Quebec, July 16, 2018 (GLOBE NEWSWIRE) -- Orbite Technologies Inc. (NEX:ORT.H) (“Orbite” or the “Company”) today provided an update on its continuing efforts to emerge from the protection of the Companies’ Creditors Arrangement Act (“CCAA”). Update on the Outotec Calcination Equipment The Company has entered into a transaction with Outotec to resolve the issues encountered with the calcination equipment and such transaction was approved by the Superior Court of Québec (the “CCAA Court”) earlier today. The transaction can be summarized as follows:...
Orbite Provides Corporate Update
Orbite Provides Corporate Update LAVAL, Québec, June 29, 2018 (GLOBE NEWSWIRE) -- Orbite Technologies Inc. (“Orbite” or the “Company”) today provided an update on on its continuing efforts to emerge from insolvency protection. Appeal of the decision on the motion against its insurer for indemnification On November 16, 2017, the Company announced it had filed a motion against its insurer Royal Sun Alliance for the payment of approximately $23.3 million to recover the costs associated with repairing the heating element system of the calcination equipment and the fixed costs incurred durin...
Orbite Provides Corporate Update
Orbite Provides Corporate Update MONTREAL, June 11, 2018 (GLOBE NEWSWIRE) -- Orbite Technologies Inc. (“Orbite” or the “Company”) today provided an update on on its continuing efforts to emerge from insolvency protection. CCAA Court extends the Stay Period As announced on March 29, 2018, the Superior Court of Québec (the “CCAA Court”) issued an order pursuant to the Companies’ Creditors Arrangement Act (“CCAA”) providing for a stay of all proceedings until June 8, 2018 (the “Stay Period”). On June 8, 2018 the CCAA Court granted a motion filed by the Company and issued a third amended a...
Ford Equity International Rating and Forecast Report
Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...
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