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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 > Warrants
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Comment by VeritasVernon Mar 13, 2019 4:32pm
91 Views
Post# 29481471

RE:RE:RE:RE:Warrants

RE:RE:RE:RE:Warrants
TennisStar wrote: From HIP IR - 

"The warrants will rollover into HEXO. Same expiry date, strike price would effectively be converted to an equivalent in HEXO terms. I believe that means dividing the strike price by 0.06332 although that may not be the exact mechanics. Details should be in the circular when it is filed. Best, Dennis".

So there you go, although he left a little bit of an opening with "I believe" and "that may not be the exact mechanics".....

Cheers,


Right so the A warrants would be strike $1 / .06332 = $15.80. Currently HEXO is at $7.83.
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