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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

Post by Gulruthinaon Jan 05, 2018 5:54pm
535 Views
Post# 27294177

Did I read this correctly?

Did I read this correctly?

"CanniMed is offering 33 of its shares for every 1,000 shares of Newstrike, with the companies trying to close the deal by January. "
 

Does that mean all Newstrike shareholders will receive 33 "ADDITIONAL" CanniMed shares for every 1000 shares they own? or the 1000 Newstrike shares gets "converted" to 33 CanniMed shares?

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