Perlite Canada Inc. Announces Its Results for the Second Quarter of 2012

Perlite Canada inc. (TSX VENTURE:PCI) (the "Company") announces hereby the
results for its second quarter 2012 ended on April 30, 2012 (the "2nd Quarter
2012").


The Company's sales total $1,648,007 for the 2nd Quarter 2012 compared to
$2,188,504 for the second quarter of the fiscal year 2011 which is a decrease of
approximately 25 %. For the six months period ended on April 30, 2012, Company's
business revenues were $3,331,489 compared to $3,788,906 for the same six month
period in 2011.


The Company posted a net loss of $39,239 during the 2nd Quarter 2012 compared to
net earnings of $42,951for the second quarter of the fiscal year 2011. For the
six month period ended on April 30, 2012, the Company recorded a net loss of
$58,055 compared to net earnings of $19,661 for the same period in 2011.


As anticipated, the peat shortage faced by some Company's major clients since
the end of the first quarter had a significant impact on the Company's sales.
This peat shortage has an impact more particularly on our Saint-Pacome plant
which serves producers from the lower Saint-Lawrence river area and from
New-Brunswick. Management of the Company believe that the decrease in Company's
sales was also caused by the significant price raise for vermiculite during the
last two years and by the increase of the Canadian currency in relation to the
American currency which generated a decrease of the Company's sales in the
United States and supported a greater competition on the Ontario territory from
American perlite producers. 


In order to compensate for the decrease in sales and for the keener competition
on the Ontario territory, the Company is presently working out a more aggressive
sales and marketing plan that should be in place for the next fiscal year and is
implementing an action plan that notably includes a cost reduction strategy.


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.