Limited Partners Vote to Merge CSCRF and Faircourt Flow-Through Funds



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

    VANCOUVER, June 23 /CNW/ - The General Partners of the existing CSCRF and
Faircourt/CSCRF funds announce today that the requisite quorum for each of the
Limited Partnerships was present at meetings held Friday June 19, 2009 to vote
on the merger of the funds. The Limited Partners have approved the merger,
which allows for the consolidation of the five Partnerships into a single fund
to be called the Faircourt Resource Fund Limited Partnership.
    The net asset value and consequent exchange ratio for the units of each
fund will be calculated over the next two months with the merger having an
effective date on or about June 29, 2009.
    The five Limited Partnerships that will be merged into the Faircourt
Resource Fund Limited Partnership are;

    
    -   Canadian Small Cap Resource Fund 2006 No. 1 Limited Partnership

    -   Canadian Small Cap Resource Fund 2006 No. 2 Limited Partnership

    -   Canadian Small Cap Resource Fund 2007 No. 1 Limited Partnership

    -   Canadian Small Cap Resource Fund 2007 No. 2 Limited Partnership

    -   Faircourt CSCRF 2008 No. 1 Limited Partnership
    

    %SEDAR: 00025881E




For further information:

For further information: Charles Taerk, President, or Douglas Waterson,
CFO, Faircourt Asset Management Inc at (416) 364-8989 or 1-800-831-0304; or
contact Rick Peterson, President, Peterson Capital, (604) 684-2883,
rick@rickpeterson.ca

Organization Profile

Faircourt Asset Management Inc.

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FAIRCOURT CSCRF 2008 NO. 1 LIMITED PARTNERSHIP

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