OTCPK:NWKRF - Post by User
Comment by
commeilfauton Jan 05, 2018 8:58pm
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Post# 27295053
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Did I read this correctly?
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Did I read this correctly?commeilfaut wrote: Gulruthina wrote: TORONTO, ONTARIO--(Marketwired - Nov. 27, 2017) - Newstrike Resources Ltd. (TSX VENTURE:HIP) ("Newstrike" or the "Company"), together with its wholly-owned subsidiary, Up Cannabis Inc. ("Up Cannabis"), a licensed producer of cannabis under the Access to Cannabis for Medical Purposes Regulations, is issuing the following statement to provide additional details regarding its pending acquisition (the "Transaction") by CanniMed Therapeutics Inc. (TSX:CMED) ("CanniMed"), announced on November 17, 2017. As previously announced, each Newstrike shareholder will receive 33 CanniMed shares for every 1,000 Newstrike shares held.
the price of both stocks is fluctuating so of course those numbers will change also depending of the worth of each stocks on the market.
so if the price of HIP goes up they'll have to give us more share of CMED, it makes sens to me.