Nov 3 (Reuters) - Noranda Income Fund NIF_u.TO
* As a result of change to market term pricing, fund's financial results will differ materially, beginning in q2 2017
* Glencore (LON:GLEN) Canada will arrange, as agent on behalf of fund, for purchase of zinc concentrate required by fund
* Noranda Income Fund -received notification from Glencore Canada indicating it will renew agreement of zinc concentrate for 5 years through may 2, 2022
* Noranda Income Fund -main challenge facing fund will be to continue to operate processing facility at profit once market terms take effect may 3, 2017
* "board of trustees is carefully reviewing fund's reserves and will augment reserves if necessary"
* Noranda Income Fund receives confirmation from Glencore Canada that supply and processing agreement will be renewed Source text for Eikon: ID:nCCN10JR7F Further company coverage: NIF_u.TO