OTCPK:NWKRF - Post by User
Comment by
Ggeemanon Jul 31, 2018 7:23pm
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Post# 28394830
RE:RE:Here comes the $$$$
RE:RE:Here comes the $$$$
Newstrike made an aggregate investment in Inner Spirit valued at $2.25 million comprised of $1,125,000 in cash and 1,250,000 common shares in the capital of Newstrike (the "Newstrike Shares") at a deemed value of $0.90 per Newstrike Share. The Company also acquired 1,125,000 warrants to purchase Newstrike Shares (the "Newstrike Warrants"). The Newstrike Warrants have an exercise price of $0.99, a term of 24 months and will vest on a performance-based schedule triggered by the opening of a pre-determined number of future Spirit Leaf locations. The Newstrike Shares and Newstrike Warrants are subject to a four month hold period. The issuance of the Newstrike Shares and Newstrike Warrants remains subject to approval by the TSX Venture Exchange.......... --this is great news !!! Inner spirit has warrants and shares at .90 cents . HIP is super undervalued