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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

Post by MarkMuller1on Mar 13, 2019 7:36pm
193 Views
Post# 29482396

Email I got regarding Warrants

Email I got regarding WarrantsHi,

The warrants will rollover into HEXO. Same expiry date, strike price and number of shares received would effectively transfer over at the same 0.06332 ratio. So if you exercise your warrants post closing you would receive 0.06332 shares of HEXO for each share of HIP you would have received. The effective strike price for HEXO is the strike price of your warrant divided by 0.06332. Details should be in the circular when it is filed.

Regards,
Dennis
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