Faircourt Gold Income Corp. announces net asset value for annual redemption of Class A Shares

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Toronto, May 02, 2022 (GLOBE NEWSWIRE) — Faircourt Asset Management Inc., the manager of Faircourt Gold Income Corp. (the “Company”) today announces that securityholders who tendered their Class A Shares for redemption on March 31, 2022 will be entitled to receive $4.0828 per Class A Share, which is the net asset value per share calculated using a five-day volume-weighted average trading price for exchange-traded equity securities held by the company, determined as of April 28, 2022, less the pro rata share of the total of all brokerage fees, commissions and other costs related to the disposal of the portfolio securities necessary to finance this redemption. Payment will be made in full on May 20, 2022.

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This press release is not for distribution in the United States or on United States transmission services.

For more information on Faircourt Funds, please visit www.faircourtassetmgt.com at (416) 364-8989 or

1-800-831-0304.

You will usually pay brokerage fees to your dealer if you buy or sell units of the Trust on the NEO Exchange or other alternative Canadian trading system (an “exchange”). If units are bought or sold on a stock exchange, investors may pay more than the current net asset value when buying units of the Trust and may receive less than the current net asset value when selling them.

There are ongoing fees and expenses associated with owning units of an investment fund. An investment fund must prepare disclosure documents containing key information about the fund. You can find more detailed information about the fund in the public filings available at www.sedar.com. Investment funds are not guaranteed, their values ​​change frequently and past performance may not be repeated.

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