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Newstrike Brands Ltd NWKRF

"Newstrike Brands Ltd is a licensed producer and cultivator of medical cannabis based in Brantford, Ontario. The company cultivates and sells both forms including dried and fresh marihuana."


OTCPK:NWKRF - Post by User

Comment by Billybobmoneyon Mar 13, 2019 8:26am
81 Views
Post# 29477267

RE:IT WAS OUR DESTINY --- " READ "

RE:IT WAS OUR DESTINY --- " READ "The way this is worded it sounds more like we will be receiving 0.06332 shares in hexo and get to keep our hip shares does this make sense? it says hip shareholders will receive 14 per cent of hexo. Now that would be better deal thoughts?  

Under the terms of the deal announced early Wednesday, Newstrike shareholders will be offered 0.06332 of a Hexo share for each share held. If the transaction goes through, Newstrike shareholders would own 14 per cent of the combined company. BNN Bloomberg 
previously reported that Newstrike was mulling a possible sale. 
Read more at https://stockhouse.com/companies/bullboard?symbol=v.hip&postid=29477238#iJRYCZAFOz3r1QDP.99
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