First Asset Resource Fund Inc. Confirms Final Redemption

/Not for dissemination to U.S. Newswire Services or for dissemination in the United States of America./

TORONTO, Jan. 23, 2018 /CNW/ - First Asset Resource Fund Inc. (the "Fund") announces that the Fund completed the redemption of all of the issued and outstanding Class A Shares, Series 1 (the "Shares") on January 22, 2018 (the "Redemption Date").

Each Shareholder will receive $9.6621 per Share. These proceeds will be paid on or before January 24, 2018. Shareholders need not take any action to receive the final redemption proceeds. Investors will not be required to pay any redemption fees or sales charges upon this final redemption and termination of the Fund.

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SOURCE First Asset

please call Investor Relations, First Asset at 416-642-1289 or 1‐877‐642‐1289 or visit www.firstasset.com.