Sentry Select Primary Metals Corp. (TSX: PME) Announces Strategic Review
April 30 2009 - 9:25AM
Marketwired
Sentry Select Primary Metals Corp. (the "Corporation")(TSX: PME)
announces that the Corporation's independent directors are
commencing a review to consider strategic alternatives that may be
available to the Corporation with the objective of seeking to
maximize shareholder value.
The Corporation intends to provide further information following
the strategic review process.
The independent directors may retain, at the expense of the
Corporation, independent advisors to assist in their review and
evaluation of alternatives.
Sentry Select Primary Metals Corp.
Sentry Select Primary Metals Corp.'s investment objective is to
provide shareholders with long-term capital appreciation by
investing in an actively managed portfolio consisting primarily of
securities of mining and exploration issuers. Although the
Corporation's initial intended focus was to invest in issuers that
are engaged in the production of and/or exploration for uranium,
nickel and molybdenum, the manager has the discretion to alter the
composition of the actively managed portfolio at any time.
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 Manager. 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, but not
limited to, the possibility that the independent directors
determine that no action by the Corporation be undertaken, or in
respect of the proposed timing of the implementation of any
strategic alternative. 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.
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
Contacts: Sentry Select Capital Inc. Investor Services
(broker/investor inquiries) 1-888-246-6656 416 364-1197 (FAX)
info@sentryselect.com www.sentryselect.com
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