CST: 01/10/2016 08:47:27   

Strategem Announces Preliminary Results of Substantial Issuer Bid

227 Days ago

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 16, 2016) - Strategem Capital Corporation ("Strategem" or the "Company") (TSX VENTURE:SGE) today announced the preliminary results of its substantial issuer bid (the "Offer") to repurchase for cancellation up to 750,000 Class A common shares (the "Class AShares"), which expired at 5:00 p.m. (Eastern time) on February 16, 2016.

All the terms and conditions of the Offer have been compiled with and, based on a preliminary count by Computershare Investor Services Inc., as depositary for the Offer (the "Depositary"), Strategem expects to take up and pay approximately 592,557 Class A Shares at a purchase price of $1.00 per Share (the "Purchase Price").

The Class A Shares expected to be purchased under the Offer represent approximately 11.9% of the Class A Shares issued and outstanding prior to giving effect to the Offer. After giving effect to the Offer, the number of issued and outstanding Class A Shares is expected to be approximately 4,370,999 and 220 Class B common shares.

Approximately 592,557 Class A Shares were properly tendered to the Offer and not withdrawn. A complete description of the Offer is contained in the offer to purchase and issuer bid circular dated December 18, 2015 and other related documents and schedules, including any amendments thereto, filed with the applicable Canadian Securities Administrators. The Offer documents are available free of charge on SEDAR at www.sedar.com. Payment for the purchased Class A Shares will be made to the Depositary in accordance with the Offer and applicable law.

About Strategem Capital Corporation

Strategem is a publicly-traded merchant bank involved in acquiring interests in and developing companies with growth potential. The Company takes early debt and/or equity positions in such growth companies. The Company's focus is on companies that explore or develop natural resources.

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.

Strategem Capital Corporation
Kenneth Morgan
President and Chief Executive Officer
604-692-0073
604-692-0074
info@strategemcapital.com
Strategem Capital Corporation
Suite 410, 325 Howe Street
Vancouver, BC
V6C 1Z7