TORONTO, ONTARIO -- (MARKET WIRE) -- 04/25/07 -- Sentry Select Capital Corp. is pleased to announce that it has filed and has received a receipt from the securities regulators across Canada for a preliminary prospectus qualifying the initial public offering of Units of Sentry Select Primary Metals Corp. (the "Corporation"), a corporation incorporated under the laws of Ontario.

The Units

Each Unit will be made up of one class A share ("Class A Share") and one full Class A Share purchase warrant ("Warrant"). Each Warrant will entitle the holder to purchase one Class A Share at a subscription price of $12.00 at any time on or before 4:00 pm (Toronto time) on June 30, 2009.

Offering Price

The offering price is $10.00 per Unit and the minimum purchase quantity is 200 Units ($2,000).

Investment Objective

The Corporation'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. For at least the first three years, the manager intends to focus on issuers that are engaged in the production of and/or exploration for uranium, nickel and molybdenum.

The Manager

Sentry Select Capital Corp., the Manager of the Corporation, is a Canadian wealth management company who manages over $8 billion in gross assets as of March 31, 2007. The company offers a diverse range of investment products including closed-end trusts, mutual funds, principal-protected notes and flow-through limited partnerships, covering a variety of domestic and global mandates. Sentry Select is the manager of 35 reporting issuers on the Toronto Stock Exchange.

The Agents

The syndicate of agents is co-led by Canaccord Capital Corporation, National Bank Financial Inc. and TD Securities Inc., and includes HSBC Securities (Canada) Inc., Raymond James Ltd., Blackmont Capital Inc., Dundee Securities Corporation, GMP Securities L.P., Richardson Partners Financial Ltd., Wellington West Capital Inc., Berkshire Securities Inc., Desjardins Securities Inc., Haywood Securities Inc., Jory Capital Inc., Industrial Alliance Securities Inc., MGI Securities Inc., Research Capital Corporation and Union Securities Ltd.

This news release contains forward-looking statements that involve risks and uncertainties. These statements reflect Sentry Select's current expectations, but are subject to a number of risks and uncertainties. Due to the many risks and uncertainties, Sentry Select cannot assure that the forward-looking statements contained in this news release will be realized.

A preliminary prospectus dated April 23, 2007 relating to these securities has been filed with the securities regulatory authority in each of the provinces and territories of Canada, but has not yet become final for the purpose of the sale of securities to the public. This news release shall not constitute an offer to sell or the solicitation of an offer to buy or shall there be any sale or any acceptance of an offer to buy these securities in any province or territory of Canada prior to the time a receipt of the final prospectus is obtained from such securities regulatory authorities. Important information concerning this offering is contained in the prospectus. Obtain a copy from your financial advisor and read the prospectus before investing.

The Exchange Tower
130 King Street West
Suite 2850, P.O. Box 104
Toronto, Ontario M5X 1A4

Contacts:
Sentry Select Capital Corp.
Kinga Lam
(media inquiries)
1-888-246-6656
Website: www.sentryselect.com