Sentry Select Primary Metals Corp. confirms its distribution (TSX:PME)

The Board of Directors (the "Board") of Sentry Select Primary Metals Corp.
(TSX:PME) (the "Corporation") announces that it has reviewed the Corporation's
distribution payout in the context of the current environment for gold mining
equities. The Corporation's manager, Sentry Investments Inc. (the "Manager"),
has provided the Board a detailed review of the Corporation's portfolio along
with the Manager's view on the fundamentals for gold and gold mining equities.
As a result of this review, the Board has decided to maintain the distribution
at $0.09 a share per month for the foreseeable future.


It is the intention of the Board to reevaluate from time to time the
Corporation's distribution in the context of portfolio return expectations and
to make changes to the distribution when the Board feels such changes represent
a net benefit to shareholders.


PRIMARY METALS CORP.

Sentry Select Primary Metals Corp. is designed to provide shareholders with
long-term capital appreciation. The Corporation is invested in an actively
managed portfolio consisting primarily of securities of mining and exploration
issuers, with a current focus on gold issuers. 


SENTRY INVESTMENTS

Sentry Investments was founded in 1997 and has grown to become one of Canada's
largest and fastest-growing independent asset management companies. Sentry
manages $10 billion in assets on behalf of more than 300,000 Canadian investors.
Sentry offers a diverse range of award-winning investment products available
through financial advisors, including domestic, international and
income-oriented mutual funds and separately managed accounts. Sentry is one of
only three firms to receive four consecutive Brendan Wood International TopGun
Asset Management Team Awards (2009 to 2012).


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
Sentry or the Corporation. The forward-looking statements are not historical
facts but reflect Sentry's or 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. Although Sentry and the Corporation
believe 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. Sentry and the Corporation undertake 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. For a complete
disclosure record of the Corporation, please visit its profile at www.sedar.com.




Sentry Investments Inc.                                                     
Commerce Court West                                                         
199 Bay Street, Suite 4100                                                  
P.O. Box 108                                                                
Toronto, ON M5L 1E2                                                         
Tel: [phone]                                                           
Fax: [phone]                                                           



FOR FURTHER INFORMATION PLEASE CONTACT: 
Sentry Investments Inc.
Investor Relations (broker/investor inquiries):
1-888-730-4623
416-364-1197 (FAX)
[e-mail]
www.sentry.ca