Perlite Canada Inc.

Perlite Canada Inc.

March 24, 2010 15:38 ET

Perlite Canada Inc. Announces the Filing of a Modified Management Information Circular

MONTREAL, QUEBEC--(Marketwire - March 24, 2010) - Perlite Canada inc. (the «company») (TSX VENTURE:PCI) announces hereby that it filed today on www.sedar a modified version of the management information circular dated March 2, 2010. 

The purpose of the modified version is to provide additional information on executive and director compensation in accordance with the requirement of the new Form 51-102F6 Statement of Executive Compensation in respect of financial years ending on or after December 31, 2008 under Regulation 51-102 on continuous disclosure obligations.

More particularly, the modified management information includes, among others things, a detailed compensation discussion and analysis, summary compensation tables, information on incentive plan awards and information on possible termination and change of control benefits.

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.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Perlite Canada Inc.
    Richard Barabe or Martin Joyal
    514-336-6651 (FAX)