Newstrike Resources announced today that all business tabled for consideration and approval at Newstrike’s Annual and Special Meeting of Shareholders held on May 22, 2018 in Toronto, were passed with approximately 99% of votes cast being in favour of: the election of the Management slate of directors; the appointment of DMCHL LLP as auditors [...]
Up Cannabis, a wholly-owned subsidiary of Newstrike Resources Ltd. and the Unison Benevolent Fund, a non-profit, registered charity that provides counselling and emergency relief services to the Canadian music community, today announced a partnership agreement that will serve to strengthen Unison’s longstanding Counselling and Health [...]
Newstrike Resources announced today the appointment of Jason Redman as Chief Financial Officer, subject to applicable regulatory and exchange approvals. Jason brings a broad range of skills in operations and financial management built over a career spanning more than 20 years. Most recently he served as Chief Financial Officer for Sirius XM Canada [...]
Newstrike Resources has strengthened its senior management ranks with the appointments of industry veterans Liesbeth Teerink as Vice President, Marketing and Peter Kirkwood as Vice President, Sales. The additions of Teerink and Kirkwood, both of whom bring decades’ worth of leadership and experience in their respective fields, point to the [...]
Newstrike Resources announced today that it is pleased to welcome Stephen A. Smith CPA, CA to its Board of Directors. Mr. Smith is expected to serve as Lead Director and Chair of Newstrike’s Audit Committee. “I want to warmly welcome Stephen to our Board and our Company,” said Newstrike CEO Jay Wilgar. “Stephen brings a [...]
Newstrike Resources the parent company of Up Cannabis Inc. a licensed producer of cannabis and related products, today reported its financial results for the twelve-month period ended December 31, 2017. Copies of the financial statements, notes and related MD&A may be accessed at www.newstrike.ca or www.sedar.com. The Company is also pleased to [...]
Newstrike Resources has received a producer’s licence to cultivate in respect of its 160,000 sq. ft. automated greenhouse site in the Niagara region. The Licence has a term of three-years and permits production at the Niagara Facility by Up Cannabis of: Dried and fresh Marihuana; Marihuana plants and seeds; Cannabis in its natural form [...]
Newstrike Resources announces that it has granted incentive stock options to certain of its directors, officers, employees and service providers to purchase up to an aggregate of 4.75 million Newstrike common shares. The Options are exercisable for a period of five years, at a price of $1.10 per share, being a premium of more than 15% to the [...]
Feb. 22, 2018 -- Newstrike Resources Ltd. is pleased to announce that the previously announced over-allotment option permitting the underwriters to acquire an additional 9,091,500 Units at $1.32 per Unit has been exercised in full, providing Newstrike with additional gross proceeds of $12,000,780. The Over-Allotment Option was issued in conjunction [...]
Feb. 20, 2018 -- Newstrike Resources Ltd. is pleased to announce that in connection with its previously announced short form prospectus offering of 60,610,000 units of the Company at $1.32 per Unit which closed on February 16, 2018, the underwriters have determined to fully exercise their over-allotment option to acquire an additional 9,091,500 [...]
Feb. 16, 2018 -- Newstrike Resources Ltd. is pleased to announce that it has closed its previously announced short form prospectus offering on a bought deal basis. A total of 60,610,000 units of the Company were sold at a price of $1.32 per Unit , for aggregate gross proceeds of $80,005,200 . The Offering was underwritten by a syndicate of [...]
TORONTO, Feb. 14, 2018 -- Newstrike Resources Ltd. announced today the appointment Mr. Brett Whalen, CFA to its Board of Directors and Chair of its Audit Committee. “Brett is a respected capital markets professional whose talents as both a CEO, CFA and investment banker will be invaluable to the Company in executing the next phase of its [...]
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