Marigold Corporation - Press Release



    TORONTO, Nov. 20 /CNW/ - Marigold Corporation announced today that on
November 16, 2007 it acquired beneficial ownership of 300,000 Units of
Faircourt Gold Income Corp. ("FGI"), consisting of 300,000 redeemable Class A
shares ("Shares") and 150,000 transferable warrants ("Warrants") to acquire
Shares, representing approximately 13.6% of the issued and outstanding Shares
of FGI on a non-diluted and a fully-diluted basis. Marigold would hold
approximately 19.1% of the issued and outstanding Shares if it exercised its
150,000 Warrants and all other Warrants remained unexercised.
    The Units were acquired pursuant to FGI's initial public offering at a
purchase price of $10.00 per Unit. Marigold acquired the Shares and Warrants
for investment purposes and may, depending on market and other conditions,
increase or decrease its beneficial ownership over the Shares and/or Warrants
through market transactions, private agreements, treasury issuances, or
otherwise. A copy of the report filed by Marigold under securities legislation
in respect of the acquisition is available at www.sedar.com.





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MARIGOLD CORPORATION

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