Newstrike Resources Ltd.

Newstrike Resources announces the appointment of Peter Hwang as Chief Commercial Officer. Peter Hwang has served as a Director and consultant of Newstrike since May 2017 and joins the Company as CCO to lead commercial operations including sales, new business development and strategic mergers and acquisitions across the organization. As CCO, Peter will be responsible for driving growth for the Company. “As both [...]

Newstrike Brands has entered into a definitive Supply Agreement with the Alberta Gaming, Liquor & Cannabis Commission that will see a variety of Up Cannabis product sold via AGLC-approved strategic retail partners and locations, and through the AGLC at www.albertacannabis.org. “This deal is another significant achievement for Newstrike and a critical step in our strategy to position Up Cannabis as a premier [...]

Horizons ETFs Management Inc. has completed the quarterly rebalance of the constituent holdings of the Horizons Marijuana Life Sciences Index ETF and the Horizons Emerging Marijuana Growers Index ETF. HMMJ is the world's first and largest ETF offering direct exposure to North American publicly listed life sciences companies with significant business activities in the marijuana industry. Once again, the ETF has added [...]

Newstrike Resources is pleased to announce that it has closed its previously announced short form prospectus offering on a bought deal basis, including the full exercise of the over-allotment option. A total of 69,000,000 units of the Company were sold at a price of $0.75 per Unit, for aggregate gross proceeds to the Company of $51,750,000. Each Unit is comprised of one common share of the Company and one-half of one [...]

Newstrike Resources is pleased to announce that it has filed its final short form prospectus in connection with the previously-announced $45 million bought deal financing involving a syndicate of underwriters being co-led by Cormark Securities Inc. and INFOR Financial Inc. as joint bookrunners and including Haywood Securities Inc. and Eight Capital. Under the terms of the Offering, the Underwriters have agreed to [...]

Newstrike Resources is pleased to announce that its wholly-owned subsidiary and licensed producer, Up Cannabis Inc. has joined the newly formed Global Cannabis Partnership as a founding member, and will contribute to its mandate of creating a worldwide social responsibility standard for the safe and responsible production, distribution and consumption of legal adult-use cannabis. The Partnership, announced earlier [...]

Newstrike Resources announced today the achievement of significant milestones and a strengthened financial position for the three months ended March 31, 2018. The Company is pleased to report that its interim financial statements and management’s discussion & analysis for the period ended March 31, 2018 are available on SEDAR at www.sedar.ca. FIRST QUARTER ENDED MARCH 31, 2018 HIGHLIGHTS: Received $9.5 million [...]

Newstrike Resources confirms that all of the issued and outstanding shares of its wholly-owned subsidiary, Enderlein Nurseries Ltd., have been sold to 10673242 Canada Inc. pursuant to a share purchase agreement dated May 25, 2018. “We have decided to focus our growth strategy elsewhere as we are ramping up our production capacity at our Niagara facility and actively assessing accretive opportunities,&rdquo [...]

Newstrike Resources is pleased to announce that further to its press release on May 24, 2018, the Company, and Cormark Securities and INFOR Financial, on behalf of a syndicate of underwriters have agreed to increase the size of its previously announced $40 million “bought deal” offering. Pursuant to the upsized deal terms, the Underwriters have agreed to purchase, on a “bought deal basis&rdquo [...]

Newstrike Resources is pleased to announce that it has entered into an agreement with a syndicate of investment dealers co-led by Cormark Securities Inc. and INFOR Financial Inc. pursuant to which the Underwriters have agreed to purchase 53,350,000 units from the treasury of the Company, at a price of $0.75 per Unit and offer them to the public by way of short form prospectus for total gross proceeds of approximately [...]