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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

Comment by SMRStarson Jul 27, 2018 11:14am
117 Views
Post# 28377159

RE:RE:RE:RE:RE:RE:RE:RE:RE:look at bashers and misleading information for last 3 months

RE:RE:RE:RE:RE:RE:RE:RE:RE:look at bashers and misleading information for last 3 monthsOn September 20, 2016, the Company completed a non-brokered private placement of 20,000,000 units at a price of $0.05 per unit to raise aggregate gross proceeds of $1,000,000. Each unit consisted of one common share and one share purchase warrant which entitled the holder to acquire one additional common share of Newstrike at $0.075 for a period expiring on September 21, 2021. As at June 30, 2017, a total of 17,975,000 warrants had been exercised and 17,975,000 common shares issued, generating proceeds of $1,348,125. The remaining unexercised 2,025,000 warrants are held by Insiders of the Company and subject to escrow provisions that were agreed-upon as a condition of the Transaction
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