Sentry files preliminary prospectus for 130/30 mining

Sentry Select Capital Corp. announces that a preliminary prospectus for 130/30 Mining LP (the “Partnership”) has been filed with, and a receipt therefore issued by, the securities regulatory authorities in each of the provinces and territories of Canada. The Partnership will issue Class A Units and Class F Units (collectively, the “Units”).

Cash option: Prospective purchasers may purchase Units by cash payment. The Offering price is $10.00 per Class A Unit and $10.00 per Class F Unit.

Exchange option: Prospective purchasers may also acquire Units by an exchange of any of the Eligible Securities of an Exchange Issuer listed below, at the applicable Exchange Ratio described below.

Prospective purchasers intending to utilize the Exchange Option have to ensure that an Exchange Option Election is received by Computershare Trust Company of Canada through CDS Clearing and Depository Services Inc. (“CDS”) prior to 5:00 p.m. (Toronto time) on May 27, 2008. Such book-entry deposits have to be made by a CDS participant, who may have an earlier deadline.

Investment objectives:

to provide Limited Partners with monthly cash distributions of 8% per annum (approximately $0.0667 per month); and to enhance the net asset value (“NAV”) of the Partnership.

To achieve these objectives, the Partnership will invest in an actively managed long/short portfolio consisting primarily of equity and debt securities of metals and minerals mining and exploration issuers (Mining Issuers).