Strategem Capital Corporation

Strategem Capital Corporation

October 15, 2007 19:26 ET

Acquisition of Securities of Strategem Capital Corporation

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 15, 2007) -

A family trust controlled by Kenneth W. Morgan (the "Trust"), CEO and director of Strategem Capital Corporation ("Strategem" or the "Company") (TSX VENTURE:SGE), has acquired 10,000 additional common shares of Strategem in the public market on October 15, 2007.

Morgan and the Trust own directly and indirectly, 649,143 common shares, 35,323 warrants and 190,000 stock options. Assuming the exercise of such warrants and options Morgan and the Trust would own 17% of Strategem's common shares. Mr. Morgan has control over all the securities referred to above.

The shares were acquired for investment purposes only. Morgan may, from time to time, acquire or dispose of additional shares of Strategem, including the possible exercise of warrants and stock options.

About Strategem Capital

Strategem Capital Corporation is a publicly-traded merchant bank specializing in the development of emerging companies with above average growth potential. The current focus is on companies that explore and develop precious or base metals.

This release and prior releases are available on the Company's Internet web site located at


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.

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