Strategem Capital Corporation

Strategem Capital Corporation

May 01, 2009 12:28 ET

Strategem Capital Corporation Delay in Filing Financial Statements

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 1, 2009) - Strategem Capital Corporation ("Strategem" or the "Company") (TSX VENTURE:SGE) 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 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

Neither 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.

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