Perlite Canada Inc. Announces Its Results for Fiscal Year 2011-2012

Perlite Canada inc. (TSX VENTURE:PCI) (the "Company") announces hereby the
results for the year ended October 31, 2012 ("Fiscal Year 2012").


The Company generated sales of $5,828,485 during Fiscal Year 2012 comparatively
to $6,529,531 during Fiscal Year 2011, namely an 11 % sales decrease.


The Company recorded a loss before income taxes of $596,051 for Fiscal Year 2012
comparatively to a loss before income taxes of $667,694 for Fiscal Year 2011, a
decrease of approximately 11 %.


The Fiscal Year 2012 has been perturbed by a peat shortage in the horticultural
market caused by bad weather and rainfalls that occurred during year 2011. The
significant raise in raw vermiculite prices during the two last years had also a
negative impact on the vermiculite product sales. However, the consolidation and
rationalization efforts made by the Company allowed the Company to decrease the
loss before income taxes notwithstanding the decrease in the Company's revenues.
The improvement of the Company's profitability will be the priority for
Management for the next 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
[phone]
[phone] (FAX)