OTCPK:NWKRF - Post by User
Comment by
thedave2006on Nov 15, 2017 1:39pm
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Post# 26969744
RE:RE:RE:Reason for Halt is so stupid its comical
RE:RE:RE:Reason for Halt is so stupid its comicalfrom cmed's nr about acb taking them out.
CanniMed also announces that it has previously entered into an exclusivity agreement with and is in advanced discussions to acquire Newstrike Resources Ltd. at an exchange ratio of 0.033 CanniMed share per Newstrike share, a transaction that, if completed, would be expected to provide CanniMed with accelerated penetration into the adult-use cannabis market. Newstrike has a leading recreational brand, Up Cannabis, and a partnership with the Canadian musical artists, The Tragically Hip. Any transaction with Newstrike is expected to be subject to, among other things, the approval of shareholders of CanniMed and Newstrike at special meetings of shareholders called for that purpose and regulatory and court approval. There is, however, no certainty that any transaction with Newstrike will be entered into or completed.