Newstrike Resources is pleased to announce that the Company has entered into a revised agreement with a syndicate of underwriters co-led by INFOR Financial and Cormark Securities, to increase the size of its previously announced bought deal financing to $80,005,200 aggregate gross proceeds , representing 60,610,000 Units of the Company , at a price [...]
Newstrike Resources Ltd. is pleased to announce that it has entered into an agreement with a syndicate of underwriters co-led by INFOR Financial Inc. and Cormark Securities Inc. pursuant to which the Underwriters have agreed to purchase 39,000,000 units of the Company on a "bought deal" basis pursuant to a short form prospectus to be filed, subject [...]
Newstrike Resources Ltd. and Up Cannabis Inc. , announces that Newstrike has agreed with CanniMed Therapeutics Inc. to terminate the previously announced Arrangement Agreement, dated November 17, 2017 . "With this transaction quickly behind us and a renewed balance sheet, we look forward to deploying the $14.1 million received from CanniMed to [...]
Newstrike Resources Ltd. announces that pending the results of discussions among Aurora Cannabis Inc. and CanniMed Therapeutics Inc. , it has adjourned the hearing for the final court order in connection with the plan of arrangement relating to the acquisition by CanniMed of Newstrike , as specified in the Company's management information circular [...]
Newstrike Resources Ltd. announces it has consented to the postponement by CanniMed Therapeutics Inc. of the special meeting of CanniMed shareholders originally scheduled for January 23, 2018, to Thursday, January 25 at 10:00 am . CanniMed has determined to postpone the Meeting to allow discussions regarding a possible transaction with Aurora [...]
Newstrike Resources Ltd. is pleased to announce that at an annual and special meeting of its shareholders held today , its shareholders overwhelmingly approved the previously announced proposed plan of arrangement with CanniMed Therapeutics Inc. , pursuant to which CanniMed will acquire all of the outstanding common shares of Newstrike . Of those [...]
Newstrike Resources welcomes a statement from Canada's iconic musicians, The Tragically Hip, in strong support of Up Cannabis continuing to reach important milestones and Newstrike's agreement to combine with CanniMed Therapeutics Inc. The band, which acts as a creative partner and major shareholder in Newstrike, made the following statement today [...]
TORONTO, Jan. 11, 2018 -- Newstrike Resources Ltd. , is pleased to announce that its wholly-owned subsidiary and licensed producer, Up Cannabis Inc. , has entered into an exclusive partnership with The Feldman Agency, a global leader in talent representation and entertainment consulting. The Feldman Agency will work with Up Cannabis to create [...]
Newstrike Resources Ltd. , is pleased to announce that its wholly-owned subsidiary and licensed producer, Up Cannabis Inc. , has received site plan approval from the Town of Lincoln, Ontario, for its automated greenhouse facility in the Niagara region . This key approval permits Up Cannabis to double the footprint of the Niagara Facility to [...]
Newstrike Resources Ltd. is pleased to announce that Health Canada has approved the application by Newstrike's wholly-owned subsidiary, Up Cannabis Inc. to amend its license, thereby allowing Up Cannabis to sell cannabis in dried marijuana form, in accordance with Access to Cannabis for Medical Purposes Regulations. "We are delighted to have [...]
Editors Note: There is a photo associated with this press release. Newstrike Resources Ltd. , is pleased to announce that its wholly-owned subsidiary, Up Cannabis Inc. , has appointed sales and marketing industry veteran, Jean Richer, as Senior Vice President, Sales & Marketing to lead its brand strategy and execution. Jay Wilgar, CEO of Newstrike [...]
Upon quarterly rebalance, 11 stocks were added to the HMMJ portfolio TORONTO, Dec. 18, 2017 /CNW/ - Horizons ETFs Management Inc. announced it has completed the quarterly rebalance of the constituent holdings of the Horizons Marijuana Life Sciences Index ETF on December 15, 2017. As a result, 11 new holdings have been added to HMMJ's portfolio [...]