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

PRESS RELEASE: Sentry Select Primary Metals Corp. confirms its distribution (TSX:PME) 
14.03.13 13:30:03- DJPN 

TORONTO, ONTARIO--(Marketwire - March 14, 2013) - 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.