Sentry Select Primary Metals Corp. (TSX: PME) announces dividend increase
15 Août 2011 - 11:00PM
Marketwired
Sentry Select Primary Metals Corp. (TSX: PME) (the "Corporation")
is pleased to announce that the Board of Directors of the
Corporation has approved an increase in the monthly cash dividend
per Class A share from $0.085 to $0.09.
The dividend increase will be effective September 15, 2011, to
security holders of record on August 31, 2011, and will remain as
such until further guidance is provided by the Corporation. Based
on the closing price per Class A share of $11.17 on the TSX on
August 12, 2011, the dividend represents a cash-on-cash yield of
approximately 9.7%.
Sentry Select Primary Metals Corp.
The Corporation provides investors with an opportunity to invest
in an actively managed portfolio consisting primarily of securities
of issuers that are engaged in the production and/or exploration of
metal and minerals, with a current focus on gold issuers.
Sentry Investments
Sentry Investments is a Canadian asset management company with
approximately $6.5 billion in assets under management on behalf of
Canadian investors. We offer a diverse range of investment products
including mutual funds, hedge funds, flow-through limited
partnerships and other alternative investment products. Sentry
Investments was recognized as Canada's Best Equity Fund Family at
the Lipper Fund Awards 2011 and was one of only five companies in
2011 to receive the prestigious Brendan Wood International TopGun
Asset Management Team Award.
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 Primary Metals Corp.
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
Contacts: Sentry Select Primary Metals Corp. Investor Relations
(broker/investor inquiries and media inquiries) 1-888-730-4623
416-364-1197 (FAX) info@sentry.ca www.sentry.ca
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