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Noranda Income Fund Announces a Cash Distribution for the Month of January 2016 of $0.04167 per Priority Unit

SALABERRY-DE-VALLEYFIELD, QUÉBEC–(Marketwired – Jan. 20, 2016) – Noranda Income Fund (TSX:NIF.UN) (the “Fund”) announced today that the Board of Trustees of Noranda Operating Trust (the “Board”) has approved a distribution for the month of January 2016 of $0.04167 per Priority Unit payable on February 25, 2016 to Priority Unitholders of record as at the close of business on January 29, 2015.