NEWS RELEASE FOR:
STRATEGEM CAPITAL CORPORATION.
VANCOUVER, BRITISH COLUMBIA – June 10, 2005 – Strategem Capital Corporation (“Strategem” or the “Company”) (TSX-V: SGE) announced today that it has increased the size of the private placement announced June 3, 2005 from $102,600 to $126,000, subject to regulatory approval. The placement will consist of 350,000 Units of one common share and one common share purchase warrant. Each warrant is exercisable into one common share for two years at $0.40 per share. The common shares and the shares resulting from the exercise of the warrants will be subject to a four month hold period. The proceeds of the private placement will be used for working capital.
About Strategem Capital
Strategem Capital Corporation is a publicly-traded merchant bank focused on the development of emerging companies with growth potential. The Company invests in
debt and/or equity positions in these companies.
This release and prior releases are available on the Company’s Internet web site located at www.strategemcapital.com.
BY ORDER OF THE BOARD OF DIRECTORS
“Kenneth W. Morgan”
Kenneth W. Morgan, CA, CPA
President, CEO and Director
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.