Metals Plus Income Corp. Announces Net Asset Value for Annual Redemption of Class A Shares

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

TORONTO, Sept. 4, 2012 /CNW/ - Faircourt Asset Management Inc., the Manager of Metals Plus Income Corp. (the "Company") (TSX: MPI), announces today that Securityholders who tendered their Class A Shares for redemption on July 31, 2012 will be entitled to receive $5.9656 per Class A Shares, which is equal to the Net Asset Value per Share calculated using a five day volume weighted average price for exchange-traded securities held by the Company, determined as of August 30, 2012 less the pro rata share of the aggregate of all brokerage fees, commissions and other costs relating to disposition of portfolio securities necessary to fund such redemption.  Payment will be made in full on September 21, 2012.

SOURCE: Metals Plus 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 at (416) 364-8989 or 1-800-831-0304.

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Metals Plus Income Corp.

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Faircourt Asset Management Inc.

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