Cashion Acquires Additional Shares of Vitreous Glass Inc.

J. Patrick Cashion of Calgary, Alberta, President and a Director of Vitreous
Glass Inc., (TSX VENTURE:VCI) ("Vitreous") announces that Mr. Cashion, his
spouse and a corporation owned by them ("Holdco") have acquired direct or
beneficial ownership of an additional 75,000 common shares ("Common Shares") in
the capital of Vitreous Glass Inc. (the "Corporation") pursuant to a share
purchase agreement dated January 6, 2011 (the "Agreement") which was the subject
of a previous report dated January 7, 2011. Pursuant to the Agreement, Mr.
Cashion, his spouse and Holdco previously acquired 75,000 Common shares, and
have agreed to purchase a further 75,000 Common Shares in January 2013,
resulting in an aggregate of 225,000 Common Shares being acquired directly or
beneficially by Mr. Cashion, his spouse and Holdco. Pursuant to the Agreement
Holdco has also acquired voting rights to 150,000 Common Shares acquired by a
third party and will acquire voting rights to a further 75,000 Common Shares to
be acquired by a third party in January 2013. 


The Common Shares were purchased in a private transaction from Irv Thomas
Investments Ltd., a corporation owned by H. Irvin Thomas, Chairman and a
director of Vitreous, at a price of $1.75 per Common Share. Irv Thomas
Investments Ltd. had previously granted Mr. Cashion an option to purchase all of
its Common Shares upon the death of Mr. Thomas (the "Option"). After completion
of the purchases under the Agreement, the number of Common Shares held by Irv
Thomas Investments Ltd. which are available to Mr. Cashion pursuant to the
Option will be 650,000.  


Mr. Cashion, his spouse and Holdco currently hold a total of 1,812,200 Common
Shares representing 29.9% of the currently issued and outstanding Common Shares
of Vitreous. Mr. Cashion, his spouse and Holdco have agreed to acquire a further
75,000 Common Shares in January 2013. Upon acquisition of the additional shares,
the total shareholdings of Mr. Cashion, his spouse and Holdco would total
1,887,200, or 31.1% of the outstanding Common Shares of the Corporation. 


If Mr. Cashion were to exercise the option from Irv Thomas Investments Ltd., he,
together with his spouse and Holdco, would hold a total of 2,537,200 shares in
Vitreous, representing 41.8% of the outstanding Common Shares and would have
voting rights for a further 225,000 Common Shares, representing an additional
3.7%. 


Mr. Cashion acquired the securities for investment purposes and may, in the
future, acquire ownership of, or control or direction over, additional
securities of Vitreous, but has no present intention to do so. 


A copy of the early warning report in respect of these acquisitions to be filed
with the applicable securities commissions can be found at www.sedar.com.

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