Strategem Sells ABCP and Buys Fund Units

Strategem Capital Corporation ("Strategem" or "the Company") (TSX VENTURE:SGE)
announced today that is has sold 100% of its Canadian Asset Backed Commercial
Paper ("ABCP") for proceeds of CDN $1,884,993 and purchased units in a managed
fund which will provide similar exposure to the ABCP market. The sale price
represents $0.40 per $1.00 of face value of the MAV 2 A1 notes, and $0.28 per
$1.00 for the A2 notes.


The Company paid CDN $2,340,000 for 234,000 units of the Absolute Core Return
Fund, managed by KCS Fund Strategies Inc., a boutique investment management
company that is also located in Vancouver, B.C. The Fund currently has
approximately 80% of its assets invested in a portfolio of various classes of
the restructured ABCP including MAV 2 A1 and A2 notes. The balance of its assets
are invested in publicly listed securities.


By selling its ABCP holdings and buying fund units, Strategem retains similar
exposure to the ABCP market, and also benefits from a fund management team with
experience in structured finance.


Strategem held CDN $6.5 million of ABCP in 2007 when the products matured but
were not redeemed. The ABCP then became the subject of a continuing
restructuring process which eventually replaced the ABCP with restructured notes
in 2009. Strategem has recorded a series of write-downs on the ABCP since 2007
and at June 30, 2009 valued its ABCP holdings at CDN $1,303,861.


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