The Board of Directors (the "Board") of Sentry Select Primary Metals Corp. (the
"Corporation") (TSX:PME) announces that the Corporation's monthly cash dividend
will be changed from its current rate of $0.09 per Class A share to $0.045 per
Class A share. This change will be effective beginning with the monthly cash
dividend payable on August 15, 2013, to shareholders of record on July 31, 2013,
and will remain at this level until further guidance is provided by the
Corporation.


The Board believes that this dividend decrease is prudent and in the best
interests of the Corporation and its shareholders given the current environment
for gold mining equities. It is the view of Sentry Investments Inc. ("Sentry"),
the manager of the Corporation, that gold mining equities continue to trade at
their lowest valuations relative to the gold price in 25 years and, as a result,
present an excellent investment opportunity. It is the opinion of the Board that
this dividend decrease should improve shareholders' potential total return by
maintaining capital in the Corporation while continuing to provide a reasonable
level of monthly cash payout. 


It is the intention of the Board, together with Sentry, to reevaluate from time
to time the Corporation's monthly dividend in the context of portfolio return
expectations and to make further changes to the Corporation's monthly dividend
amount when it is believed that such changes represent a net benefit to
shareholders. 


SENTRY INVESTMENTS INC.  

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 over $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 including, but not limited to, the proposed timing and
methodology of reviewing of the Corporation's monthly cash dividend rate and the
current rationale for the stated dividend decrease. 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: 416-364-9297                                                           
Fax: 416-364-1197                                                           



FOR FURTHER INFORMATION PLEASE CONTACT: 
Sentry Investments Inc.
Investor Relations (broker/investor inquiries):
1-888-730-4623
416-364-1197 (FAX)
info@sentry.ca
www.sentry.ca
Sentry Select Primary Me... (TSX:PME)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more Sentry Select Primary Me... Charts.
Sentry Select Primary Me... (TSX:PME)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Sentry Select Primary Me... Charts.