NEWS RELEASE FOR:
STRATEGEM CAPITAL CORPORATION.
Email: email@example.com or visit
May 1, 2009 – Strategem Capital Corporation (“Strategem” or the “Company”) announced today that it will be late filing its annual audited financial statements for the year ended December 31, 2008 and the Management Discussion and Analysis for that period (collectively the “Financial Disclosure”), as required by Sections 4.2 and 5.1 of National Instrument 51-102 Continuous Disclosure Obligations. The Financial Disclosure was not filed due to a delay in receiving certain information required to complete the audit. The Company expects the audit to be completed in early May 2009 and will file the Financial Disclosure upon receipt of the audit report. Strategem shall satisfy the provisions of the any alternative information guidelines provided by securities commissions or similar authorities so long as it remains in default of the specified requirement to file the Financial Disclosure.
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.