SGE Strategem Capital Corporation

Strategem Capital Corporation ("Strategem" or the "Company") (TSX VENTURE:SGE)
wishes to announce that it has obtained the approval of the TSX Venture Exchange
(the "TSXV") to undertake a normal course issuer bid to purchase up to 294,275
of its 5,255,004 issued and outstanding Class A common shares ("Common Shares")
representing approximately 5.6% of the Company's issued and outstanding Common
Shares. Purchases will be made on the open market through the facilities of the
TSXV. All purchases will be made, on behalf of the Company, by Raymond James
Ltd. The price paid will be the prevailing market price of such Common Shares at
the time of purchase. Any Common Shares purchased pursuant to the bid will be
cancelled and returned to treasury. 


The bid will commence on July 29, 2013 and will terminate on July 28, 2014 or at
such earlier time as at which the bid is completed. The Company reserves the
right to terminate the bid earlier if it feels that it is appropriate to do so. 


The Company believes that the current market price of the Common Shares does not
give full effect to their underlying value and that, accordingly, the purchase
of such Common Shares will increase the proportionate interest of, and be
advantageous to, all remaining security holders. The normal course purchases
will also afford an increased degree of liquidity in the market. 


Further announcements will be made as and when appropriate.

About Strategem Capital Corporation 

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. 


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Strategem Capital Corporation
Kenneth Morgan
President and Chief Executive Officer
604-692-0073
604-692-0074 (FAX)
info@strategemcapital.com

Strategem Capital (TSXV:SGE)
Historical Stock Chart
From Nov 2024 to Dec 2024

Strategem Capital (TSXV:SGE)
Historical Stock Chart
From Dec 2023 to Dec 2024