/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE
TORONTO, Nov. 4, 2011 /CNW/ - (FCS.PR.B; FCS.UN) - The adjourned special
meeting of the preferred securityholders of Faircourt Split Trust
("FCS") was reconvened at 10:00 a.m. on Thursday November 3, 2011 at
which the preferred securityholders approved the increase in the number
of trust units and preferred securities (each one trust unit and
preferred security being a "Combined Security") available to be issued
to Faircourt Asset Management Inc. (the "Manager") in order that FCS
can pay the management fee payable to the Manager in Combined
Securities in lieu of cash (the "Increase"), all as more particularly
set out management information circular dated August 26, 2011.
Accordingly, the Increase has been approved by the unitholders and the
preferred securityholders of FCS.
SOURCE Faircourt Split Trust
For further information:
For a copy of the Circular, or for further information, please visit: www.faircourtassetmgt.com or contact Faircourt Client Service at (416) 364-8989 or 1-800-831-0304