April 24 (Reuters) - Bri-Chem Corp BRY.TO :
* BRI-CHEM CORP - CANCELATION OF $1.5MLN IN OPEN PURCHASE ORDERS
* BRI-CHEM CORP - 20% REDUCTION TO EXECUTIVE AND BOARD OF DIRECTORS' CASH COMPENSATION
* BRI-CHEM CORP - BRI-CHEM HAS INITIATED 4-DAY WORK WEEK SCHEDULES FOR CERTAIN DIVISIONS WITH A CORRESPONDING 20% WAGE ROLL BACK FOR SALARIED EMPLOYEES
* BRI-CHEM CORP - REDUCED WAREHOUSE HOURS OF OPERATIONS ACROSS CANADA AND U.S. AND NO OVERTIME PERMITTED
* BRI-CHEM CORP - ELIMINATION OF ALL DISCRETIONARY SPENDING AND TRAVEL FOR ALL COMPANY EMPLOYEES
* BRI-CHEM CORP - DEFERRED PAYMENT OF RENT ON 8 WAREHOUSES FOR MONTHS OF APRIL AND MAY
* BRI-CHEM - EXPECTING A MATERIAL REDUCTION OF REVENUE UNTIL INDUSTRY ACTIVITIES IMPROVE AND CUSTOMER SPENDING AND DEMAND FOR OUR SERVICES RECOMMENCES