Vitreous Glass Inc V.VCI

Alternate Symbol(s): VCIGF

Building Materials Building Materials

Vitreous Glass Inc. is a Canada-based company, which is engaged in recycling glass. The Company cleans, crushes and sells waste glass to the fiberglass manufacturing industry in the province of Alberta. The Company creates GlasSand cullet for use in fiberglass insulation manufacturing. It operates a waste glass processing plant at Airdrie, Alberta. The plant gathers post-consumer waste glass from Alberta and elsewhere in western Canada, crushes it, removes contaminants, and sells the final product to three manufacturers of fiberglass building insulation for use as a raw material in their production facilities in Alberta. All production from the Company’s Alberta glass plant is sold to two large customers and one smaller one in the fiberglass insulation manufacturing industry in Alberta, which is heavily dependent on the level of housing starts in Western Canada and the Northwest United States. It ships products to its customers based on the customer’s day-to-day consumption estimates.

TSXV:VCI - Post by User

Vitreous Glass Inc

Bullboard Posts

Comment by bcscon Apr 28, 2016 2:44pm

211 Views

Post# 24821738

RE:RE:Div in May? Nope. Read their M,D, & A

Guess you missed this. Still over $3.00 though.

AIRDRIE, ALBERTA--(Marketwired - April 18, 2016) -

NOT FOR DISSEMINATION TO THE US OR TO US NEWSWIRES

Vitreous Glass Inc. (TSX VENTURE:VCI) (the "Corporation") is pleased to announce that the Corporation declared a cash dividend (the "Dividend") today of $0.06 per common share to be paid on May 16, 2016 to the shareholders of record as of the close of business on May 2, 2016. Although this is a special Dividend, depending on the results of business, the Corporation hopes to be able to continue to pay dividends on a regular basis.

The Dividend is considered an "eligible dividend" for tax purposes.

The Corporation had approximately 6,233,667 common shares issued and outstanding as at April 18, 2016.

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.

Vitreous Glass Inc.
Pat Cashion
President
(403) 616-2773

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