Omni-Lite to buy back shares

Omni-Lite Industries Canada Inc
OML-CDNX

May 11, 2001

Omni-Lite Industries Canada has filed with the Canadian Venture Exchange its notice of intention to make a normal course issuer bid to purchase on the open market through the facility of the CDNX up to 495,000 common shares. This represents approximately 5 per cent of the 9,903,902 issued and outstanding shares. The bid is made to invest corporate funds to the best advantage. Purchases pursuant to the bid will be conducted by Sprott Securities Inc. Purchases may begin on May 18, 2001, subject to approval by regulatory authorities. The bid expires on May 17, 2002.

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