Faircourt Income & Growth Split Trust results of Warrant exercise

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/

TORONTO, June 28 /CNW/ - (TSX: FIG.UN; FIG-W): Faircourt Asset Management Inc., the Manager of Faircourt Income & Growth Split Trust is pleased to announce that approximately 1 million Warrants outstanding have been exercised at an exercise price of $4.00 per Trust Unit for aggregate gross proceeds raised approximating $4 million. Warrants not exercised expired on June 25th, 2010.

%SEDAR: 00021240E

SOURCE FAIRCOURT INCOME & GROWTH SPLIT TRUST

For further information: For further information: 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

Organization Profile

FAIRCOURT INCOME & GROWTH SPLIT TRUST

More on this organization

Faircourt Asset Management Inc.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890