Newstrike Brands Ltd NWKRF

Financing

[stockpuppy]

ewstrike Resources to raise $500,000 privately Newstrike Resources Ltd (C:NR) Shares Issued 9,861,250 Last Close 5/17/2007 $0.75 Friday May 18 2007 - News Release Mr. Donald Rankin reports NEWSTRIKE RESOURCES ANNOUNCES $500,000 NON-BROKERED PRIVATE PLACEMENT Newstrike Resources Ltd. has entered into an agreement to complete a non-brokered private placement to raise gross proceeds of $500,000 through the issuance of a total of one million flow-through shares at a price of 50 cents per flow-through share. The offering is scheduled to close during the week of May 21, 2007, and is subject to certain conditions, including but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange. © 2007 Canjex Publishing Ltd.