McVicar updates situation at Hongbo factory

Trading Symbol: MCV

TORONTO, Oct. 9, 2013 /CNW/ - McVicar Industries Inc. ("McVicar", the "Company") reports that the production facilities of its wholly owned chemical subsidiary Zhejiang Hongbo Chemical Co. Ltd. ("Hongbo") continues to be illegally occupied by the factory managers and staff as announced in the previous press release dated on September 11, 2013. McVicar is assisted by members of the local county level government to try to end the occupation. A definite solution for the matter has not been reached at this time.

This press release contains forward-looking statements which reflect the Corporation's current expectations regarding future events. The forward-looking statements involve risks and uncertainties.  Actual results could differ materially from those projected herein. Although we believe that our expectations are based on reasonable assumptions, we can give no assurance that our expectations will materialize.

Neither the TSX Venture Exchange Inc. nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release.

SOURCE: McVicar Industries Inc.

For further information:

Ms. eXavier Peterson or Dr. Gang Chai, CEO at: 11 Progress Ave., Unit 25, Toronto, ON, M1P 4S7
Tel: 416 366-7420 Fax: 416 298-0244 email: info@mcvicar.ca

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McVicar Industries Inc.

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