NEWS RELEASE FOR:
STRATEGEM CAPITAL CORPORATION.
VANCOUVER, BRITISH COLUMBIA –December 12, 2001 – Strategem Capital Corporation (the “Company” or “Strategem”) (CDNX: SCX) announced today that it has made a $300,000 bridge loan (the “Loan”) to an undisclosed recipient (the “Borrower”). The Loan has a six month term, earns interest at 12%, and is secured by plant and equipment of the Borrower which has recently been valued by an independent appraiser at more than $2.5 million.
About Strategem Capital
Strategem Capital Corporation is a publicly-traded merchant bank focused on the development of emerging technology companies with the potential for exceptional
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.