Strategem Capital Corporation ("Strategem" or the "Company") (TSX VENTURE:SGE)
is informing current and prospective shareholders of the "Due Bill" trading
requirements in relation to the special dividend of $0.50 per Class A common
share (the "Class A Shares") announced on December 9, 2013 (the "Special
Dividend"). 


As previously announced, the Special Dividend will be paid on December 30, 2013
(the "Payment Date") to shareholders of the record as at the close of business
on December 23, 2013 (the "Record Date"). As the amount of the Special Dividend
represents a distribution greater than 25% of the Class A Share price as at the
declaration date, it will be subject to the "Due Bill" trading requirements of
the TSX Venture Exchange (the "Exchange"). Accordingly, the Exchange has
required that the Class A Shares trade on a "Due Bill" basis from December 19,
2013 until close of trading on the Payment Date (the "Due Bill Period"). This
means that sellers who sell Class A shares during the Due Bill Period shall also
sell their entitlement to the Special Dividend to the respective purchasers of
such Class A Shares. The Class A Shares will commence trading on an
ex-distribution basis (i.e. without an attached "Due Bill" entitlement to the
Special Dividend) from the opening of trading on December 31, 2013 (i.e. the
next trading day after the Payment Date). The Due Bills will be redeemed on
January 3, 2014 once all trades with attached Due Bills entered during the Due
Bill Period have settled.


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 & 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 Click Here for more Strategem Capital Charts.
Strategem Capital (TSXV:SGE)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Strategem Capital Charts.