PCI Perlite Canada Inc.

Perlite Canada inc. (TSX VENTURE: PCI)("Perlite") announces that it is closing its perlite and vermiculite processing plant located in Baie-du-Febvre (Quebec) as of March 1st, 2010 in order to consolidate its perlite and vermiculite production to its other facilities located in Lachine (Quebec) and Saint-Pacome (Quebec).

The closing of the Baie-du-Febvre plant is part of the rationalization policy implemented by the Company to reduce its operating costs.

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.

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

Contacts: Perlite Canada inc. Richard Barabe 514-336-6665 514-336-6651 (FAX) Perlite Canada inc. Martin Joyal 514-336-6665 514-336-6651 (FAX)