Meeting of shareholders of Faircourt Global Income Advantage Class Mutual
Fund adjourned

/THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES/

TORONTO, Dec. 8 /CNW/ - The special meeting of shareholders of Faircourt Global Income Advantage Class mutual fund (the "Fund") originally scheduled to take place today to approve the merger of the Fund and Faircourt Gold Income Corp. (the "Merger") has been adjourned to be reconvened at 9 a.m. on December 11, 2009 at the same location, 5300 Commerce Court West, 199 Bay Street, Toronto, Ontario, M5L 1B9.

The December 8, 2009 special meeting was adjourned because the required quorum of two or more shareholders present in person or represented by proxy holding not less than fifty one percent (51%) of the votes entitled to be cast at the meeting was not met. In accordance with the by-laws of Faircourt Mutual Fund Corporation, the shareholders present in person or represented by proxy at the reconvened special meeting to be held on December 11, 2009, will constitute a quorum for the transaction of business for the Fund. The Merger is expected to become effective on or about December 15, 2009. Shareholders who do not wish to participate in the Merger are reminded that they should redeem their shares in the Fund prior to the effective date.

SOURCE Faircourt Gold Income Corp.

For further information: For further information: For a copy of the Management Information Circular relating to the special meeting dated November 16, 2009 or additional information regarding the Fund, please visit www.sedar.com or contact Faircourt Client Service at (416) 364-8989 or toll-free at 1-800-831-0304

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Faircourt Gold Income Corp.

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Faircourt Asset Management Inc.

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