Perlite Canada Inc. Announces its Results for its Second Quarter of 2011

Perlite Canada inc. (the "Company") (TSX VENTURE:PCI) announces hereby the
results of its second quarter 2011 ended on April 30, 2011.


For the second quarter that ended April 30, 2011 (the "2nd Quarter 2011") the
Company generated revenues of $2,188,504 compared to revenues of $2,316,293
during the second quarter ended April 30, 2010 and revenues of $2,343,452 during
the second quarter ended April 30, 2009. For the six months period ended on
April 30, 2011, Company's business revenues were $3,788,906 compared to
$3,924,464 for the same six months period in 2010 and $3,684,912 in 2009. 


The Company recorded earnings before income taxes of $62,104 for the 2nd Quarter
2011 compared to earnings before income taxes of $70,097 for the second quarter
of 2010 and a loss before taxes of $122,295 for the second quarter of 2009. For
the six months period ended on April 30, 2011, the Company recorded earnings
before income taxes of $28,430 compared to a loss before taxes of $32,923 for
the same period in 2010 and a loss before taxes of $449,825 for the same period
in 2009.


The Company generated net earnings of $42,951 for the 2nd Quarter 2011 compared
to net earnings of $54,702 for the second quarter of 2010 and a net loss of
$125,264 for the second quarter of 2009. For the six months period ended on
April 30, 2011, the Company generated net earnings of $19,661 compared to a net
loss of $11,632 for the same period in 2010 and a net loss of $351,587 in 2009. 


Perlite Canada inc. specializes in the processing, distribution and sale of
perlite and vermiculite, two minerals used in industry and horticulture.


The common shares of Perlite Canada inc. are listed for trading on the TSX
Venture Exchange.


Certain statements in this news release may contain forward-looking statements.
Such statements involve known and unknown risks, uncertainties and other factors
that may cause the actual results, performance or achievements to differ
materially from those expressed in the forward-looking statements. Perlite
Canada inc. does not assume responsibility for the accuracy and completeness of
the forward-looking statements and do not undertake any obligation to publicly
revise these forward-looking statements to reflect subsequent events or
circumstances.

Perlite Canada Inc. (TSXV:PCI)
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