Acquisition of Securities of Strategem Capital Corporation

  On November 2, 2009, Kenneth W. Morgan ("Morgan"), CEO and director of Strategem Capital Corporation (the "Company" or "Strategem") (TSX VENTURE: SGE), acquired 97,000 common shares of Strategem in the public market. The 97,000 common shares purchased represent 1.8% of the issued and outstanding common shares of Strategem.

Morgan, together with a family trust controlled by Morgan (the "Trust") own directly and indirectly 1,022,936 common shares, representing 19.5% of the issued and outstanding common shares of Strategem. Mr. Morgan has control over all the securities referred to above.

The shares were acquired for investment purposes only. Morgan may, from time to time, acquire or dispose of additional shares of Strategem.

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 www.strategemcapital.com.

BY ORDER OF THE BOARD OF DIRECTORS

Kenneth W. Morgan, CA, CPA, 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.

Contacts: Strategem Capital Corporation Ken Morgan 1-604-692-0073 [e-mail] www.strategemcapital.com