Perlite Canada Inc. Announces the Conclusion of Long Term Lease for Its Plant in Lachine and Change of Head Office
June 29 2010 - 2:16PM
Marketwired Canada
Perlite Canada inc. (TSX VENTURE:PCI)(the "company") is pleased to announce the
conclusion of a lease with Investissements 1875-52 ieme Avenue Limitee, landlord
of the premises where the Lachine Plant is located.
Under the lease agreement, the company leases the premises located at 1775, 52nd
Avenue, Lachine, Quebec, for a period of 10 years from February 1, 2010 to
January 31, 2020. The company may terminate the lease after a period of 5 years
starting on February 1, 2015 under certain conditions including the payment of a
termination fee. The company is pleased to secure his Lachine operations for the
future with this long term agreement.
Furthermore, in order to simplify the company's operations, the management
decided to move the head office of the Company to the Lachine Plant. Therefore,
on June 30, 2010, the head office of the Company will be located at 1775, 52nd
Avenue, Lachine, Quebec, Canada, H8T 2Y1; tel: (514) 631-4251, fax: (514)
631-4254.
Perlite Canada inc. specializes in the transformation, distribution and sale of
perlite and vermiculite, minerals used in the horticultural and industrial
sectors.
The common shares of Perlite Canada inc. trade on the TSX Venture Exchange.
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