Strategem Capital Corporation

Strategem Capital Corporation

June 10, 2005 15:33 ET

Strategem Capital Corporation: Private Placement Increased

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 10, 2005) - Strategem Capital Corporation ("Strategem" or the "Company") (TSX VENTURE:SGE) announced today that it has increased the size of the private placement announced June 3, 2005 from $102,600 to $126,000, subject to regulatory approval. The placement will consist of 350,000 Units of one common share and one common share purchase warrant. Each warrant is exercisable into one common share for two years at $0.40 per share. The common shares and the shares resulting from the exercise of the warrants will be subject to a four month hold period. The proceeds of the private placement will be used for working capital.

About Strategem Capital

Strategem Capital Corporation is a publicly-traded merchant bank focused on the development of emerging companies with growth potential. The Company is currently focusing on companies that explore or develop precious or base metals.

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


Kenneth W. Morgan, 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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