/THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER
UNITED STATES WIRE SERVICES./
TORONTO, May 1, 2013 /CNW/ - Faircourt Asset Management Inc., the
Manager of Faircourt Gold Income Corp. (the "Company") (TSX: FGX),
announces today that Securityholders who tendered their Class A Shares
for redemption on March 29, 2013 will be entitled to receive $5.2550
per Class A Share, 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 April
29, 2013 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 May 21, 2013.
SOURCE: Faircourt Gold 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.