Faircourt Asset Management Inc. Announces February Distribution for the
Shares of Faircourt Gold Income Corp.

/THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/

TORONTO, Feb. 16 /CNW/ - Faircourt Asset Management Inc., as Manager of the Faircourt Funds, is pleased to announce the monthly distribution payable on the Shares of the following Fund:

    
                               Distribution
                     Trading     Amount      Ex-Dividend  Record    Payable
    Faircourt Funds   Symbol   (per share)      Date       Date      Date
    -------------------------------------------------------------------------
    Faircourt Gold      FGX      $0.04167     February   February   March 12,
     Income Corp.                              24, 2010   26, 2010   2010
    

Faircourt Asset Management Inc. is the Investment Advisor for Faircourt Gold Income Corp.

%SEDAR: 00025881E

SOURCE Faircourt Gold Income Corp.

For further information: For further information: on the Faircourt Funds, please visit www.faircourtassetmgt.com or please contact: Charles Taerk, President and CEO or Douglas Waterson, CFO & Portfolio Manager at (416) 364-8989 or 1-800-831-0304

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Faircourt Gold Income Corp.

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Faircourt Asset Management Inc.

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