Strategem Reports New Form Share Option Plan

/ / Uncategorized

CALGARY, AB – May 4, 2022 Strategem Capital Corporation (“Strategem” or the “Company”) (TSX-V: SGE) The Company’s board of directors have adopted a new form share option plan (the “Option Plan”), to replace the Company’s current 10% “rolling” share option plan.  The Option Plan was created to comply with the requirements of the new TSX Venture Exchange policy governing security-based compensation which became effective November 24, 2021. The Option Plan also allows option holders to exercise options on a “Cashless Exercise” or “Net Exercise” basis, as now expressly permitted by the new policy. The Option Plan is subject to shareholder ratification at the Company’s annual meeting scheduled for June 29, 2022.  Additional details regarding the Option Plan will be contained in the information circular which will be filed on SEDAR in respect of the annual meeting. The Company’s most recent financial statements are available under the Company’s SEDAR profile at


Jo-Anne O’Connor

Jo-Anne O’Connor

President & Chief Executive Officer

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains certain forward-looking statements, including, but not limited to, expectations as to the use of proceeds from the Offering and final acceptance by the TSX Venture Exchange. Wherever possible, words such as “may”, “will”, “should”, “could”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict” or “potential” or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof.  Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements such as the final acceptance from the TSX Venture Exchange may be delayed or may not be obtained and the use of proceeds may not be as anticipated. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. The Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.