Perlite Canada Inc. Announces its Results for the First Quarter of 2011

Perlite Canada inc. (the "Company")(TSX VENTURE:PCI)announces hereby the results
for its first quarter 2011 ended on January 31, 2011 (the "1st Quarter 2011").


The Company's sales totals $1,600,402 for the 1st Quarter 2011 compared to
$1,608,171 for the first quarter of the fiscal year 2010. 


The Company posted a net loss of $23 290 during the 1st Quarter 2011 compared to
a net loss of $66,334 for the first quarter of the fiscal year 2010.


The fact that the Company maintained an amount of sales during the 1st Quarter
2011 similar to the amount of sales for the same period in 2010 shows that the
Company succeeded with the transfer of processing operations from the
Baie-du-Febvre plant, which closed in march 2010, to the Lachine and
Saint-Pacome plants.


The loss decrease is mainly explained by the consolidation and rationalization
plan initiated by the Management of the Company during fiscal year 2010,
including among others, the shutdown of Baie-du-Febvre plant. Management of the
Company intends to pursue and complete this consolidation and rationalization
plan during fiscal year 2011.


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.