Orbite Technologies Inc. (NEX: ORT.H) ('Orbite' or the 'Company') today provided an update on its plan to emerge from CCAA protection.

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 the Stay Period until December 13, 2019.

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 finalizing its first commercial high-purity alumina (HPA) production plant in Cap-Chat, Quebec The Company's portfolio contains 15 intellectual property families, including 41 patents and 17 pending patent applications in 11 different countries and regions. The Company also operates a state-of-the-art technology development center in Laval, Quebec, where its technologies are developed and validated.

Forward-looking statements

Certain information contained in this document may include 'forward-looking information'. Without limiting the foregoing, the information and any forward-looking information include statements regarding projects, costs, objectives and future returns of the Company or hypotheses underlying these items. In this document, words such as 'may',' confident', 'would', 'could', 'will', 'likely', 'believe', 'expect', 'anticipate', 'intend', 'plan', 'estimate' and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. Forward-looking statements and information are based on information available at the time and/or the Company management's good-faith beliefs with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Company's control. Risks, uncertainties and other factors that could affect anticipated results and future events also include, but are not limited to, those described in the section of the Management's Discussion and Analysis (MD&A) entitled 'Risk and Uncertainties' as filed on November 28, 2017 on SEDAR, including those under the headings 'Going Concerns', Commercial Operation of HPA Plant', 'We will need to raise capital to continue our growth' and 'Development Goals and Time Frames' described in the MD&A filed on March 31, 2017.

Contact:

Tel.: 514 205-5109

Email: sophie.latendresse@pwc.co

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