11:43 AM EST - Central GoldTrust : responded to what it called misleading statements made by Polar Securities Inc. in its press release dated April 9. Polar holds its Units in GoldTrust through an offshore hedge fund which is engaged in "closed-end fund arbitrage", a short-term investment strategy completely at odds with the long-term investment horizon of many of GoldTrust's Unitholders. Polar has purchased over 75% of its Units in GoldTrust since the fourth quarter of 2014 and sold or redeemed Sprott Physical Gold Trust units around the same time, even though Sprott Gold has a physical redemption provision virtually identical to the one they are demanding that GoldTrust adopt. Central GoldTrust
units T.GTU.UN are trading unchanged at $50.80.
