Omni-Lite to buy back up to 495,000 shares

Omni-Lite Industries Canada Inc
OML-CDNX

May 15, 2001

The Canadian Venture Exchange has been advised by the company that pursuant to a notice of intention to make a normal course issuer bid dated May 14, 2001, it may repurchase for cancellation, up to 495,000 shares in its own capital stock. The purchases are to be made through the facilities of the CDNX during the period May 18, 2001, to May 17, 2002. Purchases pursuant to the bid will be made by Sprott Securities Inc. on behalf of the company

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