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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 > Shares being rounded down only ????
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Comment by justtruthon Apr 28, 2019 7:53pm
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Post# 29681527

RE:RE:RE:RE:Shares being rounded down only ????

RE:RE:RE:RE:Shares being rounded down only ????   Like I said, Watch who you listen to on this board, below is the wording right from the circular.


 In no event shall any holder of Newstrike Shares be entitled to a fractional HEXO Share. Where the aggregate number of HEXO Shares to be issued to a holder of Newstrike Shares as consideration under the Arrangement would result in a fraction of a HEXO Share being issuable, then the number of HEXO Shares to be received by such holder of Newstrike Shares shall be rounded down to the closest whole number of HEXO Shares without any additional compensation or cost.

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