Perlite Canada inc. (the "company")(TSX VENTURE:PCI) announces hereby the
results of its third quarter 2010.


The Company generated revenues of $ 1,670,977 during the third quarter ended
July 31, 2010 (the "3rd Quarter 2010) compared to $1,947,906 as at July 31,
2009, being a decrease of approximately 14.2%. For the nine month period ended
July 31, 2010, total sales were $5,595,440 compared to $5,632,818 for the same
period in 2009, which represents similar revenues for both periods.


The Company recorded a loss before taxes of $170,124 during the 3rd Quarter 2010
compared to earnings before taxes of $38,018 for the third Quarter of 2009. For
the nine month period ended July 31, 2010, the company generated a loss before
taxes of $203,047 compared to a loss before taxes of $411,807 for the same
period in 2009.


The Company generated a net loss of $121,167 as at July 31, 2010 compared to net
earnings of $23,451 for the same period in 2009. For the nine month period ended
July 31, 2010, the company posted a net loss of $132,798 compared to a net loss
of $378,012 for the same period in 2009.


Management is still working to complete the integration put in place in November
2008 following the acquisition of the Lachine Plant in order to maximize the
synergies and ensure the optimal use of the Company's resources.


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.
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