05:34:48 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Vitreous Glass Inc
Symbol VCI
Shares Issued 6,283,667
Close 2020-04-03 C$ 2.45
Market Cap C$ 15,394,984
Recent Sedar Documents

Vitreous sees likely suspension of operations by May 31

2020-04-03 17:15 ET - News Release

Mr. Pat Cashion reports

VITREOUS GLASS INC. ANNOUNCES LIKELY SUSPENSION OF OPERATIONS DUE TO COVID-19

Further to the news release of March 25, 2020, due to the rapidly increasing severity of reductions in Vitreous Glass Inc.'s incoming supply of waste glass, resulting from ramifications of the COVID-19 pandemic, Vitreous expects that it is likely to suspend operations by May 31, 2020, or possibly sooner, due to lack of raw material for its processing plant. The shortage of raw material arises from spinoff effects of the COVID-19 pandemic, which have resulted in sharp reductions in the volume of waste glass entering the recycling systems in Alberta, British Columbia and Saskatchewan. Because of the nature and cause of the shortfall, it is not possible to predict when the corporation will be able to recommence production operations and delivery of product to customers.

We seek Safe Harbor.

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