Perlite Canada inc. Announces Its Results for the First Quarter of 2013

Perlite Canada inc. (the "Company") (TSX VENTURE:PCI) announces hereby the
results for its first quarter 2013 ended on January 31, 2013 (the "1st Quarter
2013").


The Company's sales totals $1,302,650 for the 1st Quarter 2013 compared to
$1,683,482 for the first quarter of the fiscal year 2012. 


The Company posted earnings of $64,568 for the 1st Quarter 2013 compared to a
net loss of $18,815 for the first quarter of the fiscal year 2012.


The sale decrease during the 1st Quarter 2013 compare with the sales realised
during the same period last year is mainly explained by two causes. First, last
year in order to face the shortage of peat moss, a significant peat moss
producer located in Eastern Canada executed important peat moss harvests during
the fall 2011 and ordered significant volumes of perlite to the Company in order
to build an important peat moss mixes inventory for the spring 2012. This
exceptional strategy was not repeated in 2012 following good summer peat moss
harvests. Secondly, a significant client of the Company modified its production
schedule for the year 2013 and decided to produce more peat moss mixes during
the spring 2013 instead of fall 2012. This change in the production schedule
decreased sales for November and December 2012.


Earnings before income taxes recorded by the Company during the quarter compared
with the loss recorded during the same period last year is mainly explained by
the decrease of the manufacturing cost, the efficiency of the perlite
transformation system at both plants located in Lachine (Quebec) and
Saint-Pacome (Quebec) and to production support services performed by the
Company for a multinational. The earning posted by the Company is also explained
by the decrease of administrative expenses following the restructuration of the
Company performed during the last Fiscal Year.


Perlite Canada inc. has become a leading company in Canada 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.


This press release contains forward-looking statements to which are associated
some risks and uncertainties. Any statement contained in this present press
release that does not constitute an historical fact can be considered as a
forward-looking statement. In this present press release, verbs such as
"believe", "anticipate", "assess" and other similar expressions indicate
generally forward-looking statements. Those statements do not warrant as for the
future performance of Perlite Canada inc. and they suppose known and unknown
risks as well as uncertainties in such a way that true future perspectives,
returns or results of the Company may be notably different of future returns or
results expressed or implied by these forward-looking statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Perlite Canada inc.
Richard Barabe or Martin Joyal
(514) 631-4251
(514) 631-4254 (FAX)

Perlite Canada Inc. (TSXV:PCI)
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