Newstrike Brands Ltd NWKRF

RE:What will happen to my shares in a takeover?

[Asphalt20]

This is 'cut and paste' from the article below the issue: "CanniMed also announces that it has previously entered into an exclusivity agreement with, and is in advanced discussions to acquire, Newstrike Resources Ltd. (TSXV: HIP) (Newstrike) at an exchange ratio of 0.033 CanniMed shares 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." So 1000 x .033 = 33 shares @ $20 = $660 bucks Read more at https://www.stockhouse.com/news/press-releases/2017/11/15/cannimed-acknowledges-aurora-press-release-and-announces-exclusivity-agreement#cSjCFh078fum6zjm.99