Newstrike Brands Ltd NWKRF

I need to understand about the warrants

[buddy12canadian]

I think what I read is that if there is a buy out before 2 yrs I would still have my warrants but they will be exchanged and the current price in the old and new company?  I did not say that correctly but you know what I mean to say   .  Can someone please confirm I am correct with my thinking?

[JJECYYZ]

 (any such event being herein called a “Capital Reorganization”), then any Holder of Warrants, to the extent such Holder has not exercised its rights of acquisition thereunder prior to the effective time of the Capital Reorganization, shall, upon the exercise of such rights thereafter, shall be entitled to be issued and receive and shall accept for the same aggregate consideration, upon such

[Thelonious]

I read that a few times and still don't really know what that means  but I think if the strike price (adjusted for consolidation or whatever the terms of the M and A is)   is below the exercise price, the warrants are essentially worthless.   However, if we are taken over, odds are the share price should pop, hopefully high enough is my interpretation correct?