Goodman Gold Trust Renews Issuer Bid

Goodman Gold Trust (the "Trust") (TSX:CMP.UN), managed by Goodman Investment
Counsel Inc. ("GIC") announced today receipt of regulatory approval respecting
its intention to continue its normal course issuer bid (the "Bid"). The Bid of
up to 429,268 trust units of the Trust (the "Trust Units") represents
approximately 10% of the public float of the Trust and will be exercised through
the facilities of the Toronto Stock Exchange ("TSX"). The Trust under its
previous normal course issuer bid purchased 5,000 trust units with an average
weighted price of $8.78. As of March 19, 2013, the public float of the Trust was
4,292,684 Trust Units and the Trust had 8,311,578 Trust Units issued and
outstanding. 


The Trust Units may be purchased for cancellation commencing on March 25, 2013
through to March 24, 2014 through the facilities of the TSX and may be purchased
when the net asset value per Trust Unit exceeds its trading price. Pursuant to
TSX policies, the Fund will not purchase during any 30 day period more than
166,231 Trust Units which represents 2% of the Trust Units outstanding. 


The purpose of the normal course issuer bid is to provide value to the Trust
through purchases made at a discount to the NAV per Trust Unit. As of March 22,
2013, the NAV of the Trust was $8.65 per trust unit and the closing trading
price was $7.57 per trust unit (representing a discount of approximately 12.5%
when measured against the NAV per trust unit).


FOR FURTHER INFORMATION PLEASE CONTACT: 
Goodman Investment Counsel Inc.
Toll-free at 1-888-332-2661
ir@gici.ca

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