NEWS RELEASE FOR:
STRATEGEM CAPITAL CORPORATION.
VANCOUVER, BRITISH COLUMBIA – March 21, 2007
Strategem Capital Corp. (“Strategem” or “the Company”) announced today that it has acquired 1,000,000 shares of Pacific Rodera Energy Inc. (“PRD”), through the private placement announced by PRD on March 5, 2007. The shares were acquired for investment purposes and Strategem may buy or sell additional securities from time to time as market conditions warrant.
Pacific Rodera Energy Inc. is a junior oil and gas company currently engaged in the exploration for, and development of, natural gas and light oil reserves primarily in the Province of British Columbia
and in the Northwest Territories. The common shares trade on the Toronto Venture Exchange under the symbol “PRD”.
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.