BRY Bri Chem Corp

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S. 

Bri-Chem Corp. ("Bri-Chem" or "Company") (TSX:BRY) a leading North American
wholesale distributor and manufacturer of oil and gas drilling fluids and steel
pipe is pleased to announce that it has acquired the cement blending business
assets (the "Acquisition") of Sun Coast Materials Co. ("Sun Coast") and certain
additional transportation assets from its affiliate Acme Trucking, Inc. The
total purchase price is US$6.5 million which includes US$250,000 of deferred
consideration and excludes any land and building assets which were not
purchased.


Sun Coast, located in Bakersfield, CA, is a leading blending and transportation
company for oil well related blended bulk materials such as specialty cement,
commodity products and other chemicals to oil well contractors operating
predominantly in southern and central California within the Monterey Santos
Shale. Sun Coast generated approximately US$6.7 million in revenue and US$1.9
million of normalized earnings before interest, taxes, depreciation and
amortization ("EBITDA") for the unaudited twelve month period ended December 31,
2012. Sun Coast also generated approximately US$4.8 million in revenue and
US$1.3 million of normalized EBITDA for the unaudited seven month period ended
August 31, 2013. Sun Coast's strategic advantage is having the bulk capacity for
materials and providing custom blending, bagging, and transportation for all of
its products. A fleet of 10 tractors and 28 pneumatic truck trailers deliver
bulk custom blended product directly to the customer's well site. 


Don Caron, President and Chief Executive Officer of Bri-Chem, stated, "The
Acquisition of Sun Coast further expands our product offerings into the USA
market and provides a solid growth platform to offer cementing products and
blending services throughout the rest of our fourteen strategic USA locations.
In addition, it is our intention to expand and operate a drilling fluids
warehouse, from Sun Coast's location in Bakersfield, in order to leverage their
operations and infrastructure already in place." 


About Bri-Chem

Since our formation in 1985, Bri-Chem has established two primary segments of
business through a combination of internal growth and acquisitions: Bri-Chem's
Drilling Fluid Division is North America's largest independent wholesale
supplier of drilling fluids for the oil and gas industry. We provide over 100
critical drilling fluid products, cementing, acidizing and stimulation additives
from 30 strategically located warehouses throughout Canada and the United
States; Bri-Chem's Steel Pipe Division is the first company to introduce and
construct a Thermal Pipe Expansion (TPE) facility in North America for
manufacturing, testing and supply of large diameter seamless steel pipe for the
energy industry. Additional information about Bri-Chem is available at
www.sedar.com or at Bri-Chem's website at www.brichem.com. 


Forward-Looking Statements

Certain information set forth in this news release contains forward-looking
statements or information ("forward-looking statements"), including statements
which may contain words such as "could", "should", "expect", "anticipate",
"believe", "will", and similar expressions and statements relating to matters
that are not historical facts are forward-looking statements. By their nature,
forward-looking statements are subject to numerous risks and uncertainties, some
of which are beyond the Company's control, including the impact of general
economic conditions, industry conditions, volatility of commodity prices,
currency fluctuations, environmental risks, demand for oilfield services for
drilling and completion of oil and natural gas wells; volatility in market
prices for steel, oil, natural gas, and natural gas liquids and the effect of
this volatility on the demand for oilfield services generally, competition from
other industry participants, the lack of availability of qualified personnel or
management, stock market volatility and the ability to access sufficient capital
from internal and external sources. Although the Company believes that the
expectations in our forward-looking statements are reasonable, our
forward-looking statements have been based on factors and assumptions concerning
future events which may prove to be inaccurate. Those factors and assumptions
are based upon currently available information. Such statements are subject to
known and unknown risks, uncertainties and other factors that could influence
actual results or events and cause actual results or events to differ materially
from those stated, anticipated or implied in the forward-looking information. As
such, readers are cautioned not to place undue reliance on the forward-looking
information, as no assurance can be provided as to future results, levels of
activity or achievements. The risks, uncertainties, material assumptions and
other factors that could affect actual results are discussed in our Annual
Information Form and other documents available at www.sedar.com. Furthermore,
the forward-looking statements contained in this document are made as of the
date of this document and, except as required by applicable law, the Company
does not undertake any obligation to publicly update or to revise any of the
included forward-looking statements, whether as a result of new information,
future events or otherwise. The forward-looking statements contained in this
document are expressly qualified by this cautionary statement.


To receive Bri-Chem news updates send your email to ir@brichem.com. 

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


FOR FURTHER INFORMATION PLEASE CONTACT: 
Bri-Chem Corp.
Jason Theiss
CFO
(780) 577-0595
jtheiss@brichem.com
www.brichem.com


CHF Investor Relations
Robin Cook
Account Manager
(416) 868-1079
robin@chfir.com


CHF Investor Relations
Cathy Hume
CEO
(416) 868-1079 x231
cathy@chfir.com

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