STRATEGIC ENERGY FUND
TSX : SEF.UN

October 25, 2005 15:46 ET

Strategic Energy Fund 'TSX:SEF.UN' Issues Early Warning Report re: Tiverton Petroleums Ltd. 'TSX:TIV'

TORONTO, ONTARIO--(CCNMatthews - Oct. 25, 2005) -

EARLY WARNING REPORT PURSUANT TO NATIONAL INSTRUMENT 62-103

Strategic Energy Fund ("Strategic")(TSX:SEF.UN) The Exchange Tower, 130 King Street West, Suite 2850, P.O. Box 2850, Toronto, Ontario M5X 1A4 announces that it has acquired ownership of 10,000,000 common shares of Tiverton Petroleums Ltd. ("Tiverton"). As a result of the purchase, Strategic beneficially owns an aggregate of 10,000,000 common shares of Tiverton, representing approximately 10.39% of all issued and outstanding common shares of Tiverton. The manager of Strategic, Strategic Energy Management Corp., exercises the voting rights attached to securities held by Strategic, including the foregoing common shares of Tiverton.

The foregoing transaction was effected through a market purchase on The Toronto Stock Exchange. Strategic acquired the 10,000,000 common shares for investment purposes and may increase or decrease its ownership position in Tiverton at any time.

Strategic Energy Fund is an investment trust that seeks to provide Unitholders with superior rates of return through a diversification strategy focused on investment opportunities within the Canadian energy sector. The Fund invests in established companies as well as early-stage energy companies and to a lesser extent special energy issuers, each with prospects for high growth in the near to medium term and the potential for long-term capital appreciation.

For further information or a copy of the report filed by Strategic with the various securities commissions, please contact:



Katherine Pawling
Secretary
Strategic Energy Management Corp.




Contact Information

  • Strategic Energy Management Corp.
    Katherine Pawling
    Secretary
    (416) 861-8729
    (416) 364-5615 (FAX)