Sentry Select Primary Metals Corp. (TSX: PME) announces a change to its monthly cash dividend

TORONTO, ON--(Marketwired - November 13, 2014) - 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 $0.045 per Class A share to $0.015 per Class A share. This change will be effective beginning with the monthly cash dividend payable on December 15, 2014 to shareholders of record on November 28, 2014 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 primary gold supply cannot be maintained at current gold prices. It is also the view of Sentry 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 re-evaluate from time to time the Corporation's monthly dividend in the context of portfolio return expectations and to make further changes when it is believed to represent a net benefit to shareholders.

SENTRY INVESTMENTS INC.

Sentry Investments was founded in 1997 and is one of Canada's fastest-growing independent asset management companies. Sentry manages over $15 billion in assets on behalf of more than 400,000 Canadian investors. Sentry offers a diverse range of award-winning investment products available through financial advisors, including domestic and global mutual funds, and separately managed accounts. Sentry is one of only three firms to receive five consecutive Brendan Wood Canadian International TopGun Asset Management Team Awards (2009 to 2013).

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 and the Corporation's current expectations regarding future results or events, including but not limited to, the Corporation's ability to pay the indicated dividend on the date specified. 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 due to the inherent uncertainty therein. 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.