Dundee Corporation Acquires Interest in Blue Goose Capital Corporation

Dundee Corporation (TSX:DC.A)(TSX:DC.PR.A)(TSX:DC.PR.B) ("Dundee" or the
"Company") is pleased to announce today that, through its wholly-owned
subsidiary, Dundee Agricultural Corporation, it has acquired a majority stake in
Blue Goose Capital Corporation, the 100% owner of The Blue Goose Cattle Company
Ltd. ("Blue Goose").


Blue Goose is a privately-owned Canadian company with a leading position in the
organic and natural beef production markets. Blue Goose has operations in both
British Columbia and Ontario. Under its stewardship, it has 700,000 acres of
deeded, leased and licensed grazing land, as well as one of the largest organic
cattle herds in North America. 


Blue Goose is managed by a core group of seasoned agri-business professionals
led by Kevin Reed, its Chairman and Chief Executive Officer and a significant
minority shareholder. David Fraser, a retired Major General from the Canadian
Forces is the Chief Operating Officer of Blue Goose and Doug Sinclair, the
original founder and President of the cattle company, continues in his current
position. "Doug has built a premier vertically integrated, organic cattle
operation, which has given us a tremendous platform to build one of the largest
producers of clean protein" stated Mr. Reed.


The Blue Goose Cattle Company Ltd. was founded in 1992 by Doug Sinclair and has
been providing high-quality organic and natural beef products since its
inception. Blue Goose's products are marketed under the "The Blue Goose Cattle
Company" brand name, which is widely recognized in its markets as the premier
producer of organic and natural beef products. Blue Goose branded products are
sold at leading retailers that specialize in the highest quality organic and
natural products. 


The organic and natural food markets, including those for beef, have been
expanding at significant growth rates and Blue Goose expects this trend to
continue for the foreseeable future as consumers demand healthy, sustainable and
traceable premium products. As such, Blue Goose's strategy is to take advantage
of the significant opportunity to grow its business and supply increasing
amounts of its premier organic and natural beef products to retailers in order
to meet consumer demand. Blue Goose plans to execute on available expansion
opportunities in order to replicate its proven formula for developing and
selling the highest quality organic and natural Blue Goose branded beef
products.


Ned Goodman, President and Chief Executive Officer of Dundee said "The
investment in Blue Goose reflects part of Dundee's strategy to be involved in
inflation protection investments such as sustainable agriculture, resources,
infrastructure and real estate on a global basis. The Blue Goose acquisition
represents an attractive entry point into the agricultural sector. We are very
excited about this opportunity and look forward to increasing our exposure to
the agricultural asset class."