TORONTO, ONTARIO--(Marketwire - Dec. 18, 2012) - CMP Gold Trust (TSX:CMP.UN), sub-advised by Goodman Investment Counsel Inc., a wholly-owned subsidiary of Dundee Corporation (TSX:DC.A), announced today its change of name to Goodman Gold Trust. It also announces the implementation of an annual distribution of $0.80 per unit commencing December 2013. The Trust also announces the intention to implement a one-time liquidity event for the Trust to take place on or about January 2017 (the "Liquidity Event").

The Trust is a TSX-listed closed-end investment trust which seeks to enhance the value of the trust units offered primarily through capital appreciation driven by an actively managed, diversified investment portfolio.

Ned Goodman, President of Goodman Investment Counsel said "the Trust was launched as a vehicle to participate in the gold sector through share appreciation of our holdings without having to provide the negativity of the liquidity required for capital redemptions. Although global equity markets have experienced notable volatility since its launch, the long-term growth story of gold has not changed and the fundamentals of the gold market have improved dramatically. The Trust's focus was always to capitalize on the longer term appreciation of the price of gold and we have constructed a portfolio of well-run companies with gold projects around the world in order to execute our strategy. We believe that the Trust's portfolio holdings are well positioned for future growth which shall come with expected increases in the gold price as well as company performance. Being owners of 21% and current buyers of the Trust, we have taken a five year positive outlook related to the gold price and we suggest and invite all unitholders to do likewise."

The Manager's current intention for the Liquidity Event is to offer unitholders at that time an opportunity to fully redeem their units of the Trust at net asset value, although those units owned by Dundee would remain with the Trust beyond that future date. Dundee currently owns approximately 21% of the outstanding trust units of the Trust. The Liquidity Event could also be implemented through other mechanisms, which will also be considered at the time, such as through annual redemptions or the termination of the Trust. The Liquidity Event will be subject to receipt of all necessary approvals.

The Manager currently pays a quarterly service fee to all full service registered dealers who continue to have clients as unitholders of the Trust, equal to one-quarter of 0.4% of the net asset value of the trust units held by clients of such dealers on the last day of the quarter. The service fee was scheduled to end on December 31, 2012. The Manager intends to extend the service fee until at least the Liquidity Event.

Goodman Investment Counsel, the portfolio advisor of the Trust, will on January 1, 2013 replace Dundee Securities Ltd. to also become the Manager and the Trustee of the Trust.

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