PME Sentry Select Primary Metals Corp

Sentry Select Primary Metals Corp. (TSX:PME) (the "Corporation") is pleased to
announce that the Board of Directors of the Corporation (the "Board") has
approved an increase in the monthly cash dividend per Class A share from $0.07
to $0.085. However, if the make-up of the Corporation's portfolio changes,
dividends may differ. 


The dividend increase will be effective October 15, 2010, to security holders of
record on September 30, 2010, and will remain as such until further guidance is
provided by the Corporation. Based on the market value per Class A share of
$9.44 on August 31, 2010, the dividend represents a cash-on-cash yield of
approximately 10.8%.


Sentry Select Primary Metals Corp.  

Sentry Select Primary Metals Corp.'s investment objective is 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.


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 Corporation. 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 the ability of the Corporation to pay the
indicated dividends on the dates specified. 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.
For a complete disclosure record of the Corporation, please visit the
Corporation's profile at www.sedar.com. 




Sentry Select Capital Inc.        
The Exchange Tower                
130 King Street West              
Suite 2850, P.O. Box 104          
Toronto, Ontario M5X 1A4          
Telephone: (416) 861-8729         
Fax: (416) 364-5615

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