First Asset Energy & Resource Fund Announces Termination and Final Valuation

Further to its announcement on June 2, 2017, First Asset (I) General Partner Inc. (the "General Partner"), the general partner of First Asset Energy & Resource Fund (TSX: TRF.UN) (the "Fund"), announces that the Fund's units were delisted from the Toronto Stock Exchange, and the Fund was terminated, on July 31, 2017 (the "Termination Date").