Canada Dominion Resources 2012 Limited Partnership Completes $25 Million Offering

TORONTO, ONTARIO--(Marketwire - April 23, 2012) - Canada Dominion Resources 2012 Limited Partnership (the "Partnership") announces that it has completed the second and final closing of its initial public offering of limited partnership units (the "Units"). The Partnership, which made the offering available in all provinces and territories in Canada, sold an additional 295,017 Units at $25.00 per Unit. The Partnership issued a total of 1,016,159 Units for aggregate gross proceeds of $25.4 million. The Partnership is managed by Dundee Securities Ltd., the portfolio advisor is Ned Goodman Investment Counsel Limited ("NGIC") and the sub-advisor, in respect of the oil and gas investments, is GCIC Ltd. ("GCIC").

The offering was made through a syndicate of agents led by RBC Capital Markets, CIBC and Scotiabank and included National Bank Financial Inc., BMO Nesbitt Burns Inc., Dundee Securities Ltd., TD Securities Inc., Macquarie Capital Markets Canada Ltd., Canaccord Genuity Corp., Manulife Securities Incorporated, Raymond James Ltd., Desjardins Securities Inc. and GMP Securities L.P.

About Canada Dominion

Canada Dominion is a leader in flow-through share finance. Since its first partnership was introduced in 1998, Canada Dominion has successfully raised and invested approximately $1.3 billion in companies involved in exploration and development efforts in Canada's resource sector. The offerings of Canada Dominion, when combined with those of the flow-through limited partnerships of CMP™, form Canada's largest flow-through platform, raising a combined total of more than $4.1 billion in assets throughout their history.

About Dundee Securities

Dundee Securities is a full-service Canadian investment dealer with offices in Toronto, Montreal, Vancouver, Calgary and London, England and whose principal businesses include investment banking, mergers and acquisitions, institutional sales and trading, investment, research, private client financial advisory and management of investment products. Dundee Securities focuses on specific sectors, namely, resources, real estate, infrastructure, agriculture and other special situations. Dundee Securities is the manager of the Canada Dominion Resources and CMP™ flow-through limited partnerships as well as CMP Gold Trust. Dundee Securities is an indirect wholly-owned subsidiary of Dundee Corporation.

About NGIC

NGIC is a wholly-owned subsidiary of Dundee Corporation and is led by Ned Goodman, CFA, utilizing a team of resource specialists at Dundee Resources Limited, another wholly-owned subsidiary of Dundee Corporation. NGIC also acts as the sub-advisor to Dundee Securities for the CMP™ and Canada Dominion Resources family of flow-through funds.

About GCIC

GCIC will advise the Partnership in respect of the oil and gas investments, and Jennifer Stevenson, Vice President & Portfolio Manager, Energy of GCIC will act as lead portfolio manager on behalf of GCIC. GCIC offers a wide range of wealth management solutions through financial advisors. These include the mutual funds and hedge funds of Dynamic Funds®, the portfolio solutions of the Marquis Investment Program and the high net worth wealth management of DundeeWealth Investment Counsel. GCIC is a wholly-owned subsidiary of DundeeWealth Inc. DundeeWealth Inc. is a wholly-owned subsidiary of Scotiabank and part of the Bank's Global Wealth Management business line.