Sentry Select Primary Metals Corp. (TSX:PME) Announces Strategic Review

Sentry Select Primary Metals Corp. (the "Corporation")(TSX:PME) announces that
the Corporation's independent directors are commencing a review to consider
strategic alternatives that may be available to the Corporation with the
objective of seeking to maximize shareholder value.


The Corporation intends to provide further information following the strategic
review process.


The independent directors may retain, at the expense of the Corporation,
independent advisors to assist in their review and evaluation of alternatives.


Sentry Select Primary Metals Corp.

Sentry Select Primary Metals Corp.'s investment objective is to provide
shareholders with long-term capital appreciation by investing in an actively
managed portfolio consisting primarily of securities of mining and exploration
issuers. Although the Corporation's initial intended focus was to invest in
issuers that are engaged in the production of and/or exploration for uranium,
nickel and molybdenum, the manager has the discretion to alter the composition
of the actively managed portfolio at any time.


Certain statements included in this news release constitute forward-looking
statements, including, but not limited to, those identified by the expressions
"expect", "intend", "will" and similar expressions to the extent they relate to
the Manager. The forward-looking statements are not historical facts but reflect
the Corporation's current expectations regarding future results or events. These
forward-looking statements are subject to a number of risks and uncertainties
that could cause actual results or events to differ materially from current
expectations, including, but not limited to, the possibility that the
independent directors determine that no action by the Corporation be undertaken,
or in respect of the proposed timing of the implementation of any strategic
alternative. Although the Corporation believes that the assumptions inherent in
the forward-looking statements are reasonable, forward-looking statements are
not guarantees of future performance and, accordingly, readers are cautioned not
to place undue reliance on such statements due to the inherent uncertainty
therein. The Corporation undertakes no obligation to update publicly or
otherwise revise any forward-looking statement or information whether as a
result of new information, future events or other such factors which affect this
information, except as required by law.




Sentry Select Capital Inc.
The Exchange Tower
130 King Street West
Suite 2850, P.O. Box 104
Toronto, Ontario M5X 1A4
Telephone:  [phone]
Fax:  [phone]