Sigma Industries Inc.
TSX VENTURE : SSG

Sigma Industries Inc.

February 09, 2015 10:58 ET

Sigma Industries Provides Update on a Fire at One of Its Facilities

SAINT-ÉPHREM-DE-BEAUCE, QUEBEC--(Marketwired - Feb. 9, 2015) - Sigma Industries Inc. ("Sigma" or the "Company") (TSX VENTURE:SSG) provides an update on a fire that severely damaged one of the facilities of its René Composites Materials Ltd. ("René") subsidiary in Saint-Éphrem-de-Beauce earlier this morning. The damaged building was leased by the Company to assemble certain products and its main facility was not affected by the flames. The fire, whose cause remains unknown at this moment, is under control and no individual has been injured.

The Company has insurance policies regarding such events and is in discussions with its insurers. The affected assemblies will be transferred to René's other facilities located in Saint-Éphrem-de-Beauce and Sainte-Clotilde-de-Beauce in the shortest time frame possible.

ABOUT SIGMA INDUSTRIES

Sigma Industries Inc. (TSX VENTURE:SSG), a manufacturing company specializing in the production of composite components, has two operating subsidiaries and employs 350 people. The Company is active in the heavy-duty truck, coach, transit, machinery and wind energy markets. Sigma sells its products to original equipment manufacturers and distributors in the United States, Canada and Europe.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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