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Newstrike Brands Ltd NWKRF

Healthcare Biotechnology Cannabis
"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

Newstrike Brands Ltd > tow-thirds of the share holder are required for the deal
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Comment by Gulruthinaon Jan 09, 2018 8:47pm
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Post# 27319021

RE:tow-thirds of the share holder are required for the deal

RE:tow-thirds of the share holder are required for the deal
AlienMummie wrote: Aurora's hostile bid is conditional on CanniMed abandoning it's takeover of Newstrike. More of 50% of Newstrike are commited to the deal. It required the support of two-thirds of NewStrike share holder at a meeting at Toronto Jan 17. Cannimed Host meeting on Jan 23. Holder of at least 36 per cent of it's share have pledged their support for Aurora deal.


as per :

https://www.theglobeandmail.com/report-on-business/streetwise/soaring-marijuana-stocks-blunt-high-profile-deals/article37544828/

The deal will not Happen... of they will have to offer cash to sweeten the deal


What deal are we talking about? Acqusition of Newstrike or hostile takeover of CANNIMED?

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