Rose Country Income Fund Completes Closing
An initial closing of the Rose Country Income Fund, a Canadian open end mutual fund trust, paves the way for building attractive investment returns for its investors.

VANCOUVER, BC, November 23, 2011 /24-7PressRelease/ -- The Rose Country Income Fund ("RC Fund") is pleased to announce the completion of the initial closing pursuant to its Offering Memorandum dated July 30, 2011. On November 1, 2011 the RC Fund completed a closing of the subscription of 16,000 Class "A" Units and 84,000 Class "C" Units.

"The initial completion of fundraising for the RC Fund is important because it demonstrates the confidence that the investment community has in RC Fund's mandate," said Larry Whitehead, President of the Managing Partner, Rose Country Management Inc. "The investment provides the capital required to commence acquisition of real estate assets that meet RC Fund's specific criteria. In-depth due diligence by the management and advisory teams is already underway with a number of prospective revenue producing and development properties."

"We would like to thank the many partner companies who contributed to the successful launch of the RC Fund," said Larry Whitehead. "We could not have accomplished this without their involvement and the significant commitment of the RC Fund management group."

Press Release Contact Information:

Larry Whitehead
Rose Country Management Inc.
President
#1108 - 1166 Alberni Street
Vancouver, BC
Canada V6E 3Z3
Voice: 604-538-0925
Fax: 604-542-2225
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