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Address: 67 Sinclair Blvd
Brantford Ont Canada N3X 7S6
Phone: 289 681 4436
Web Site:
http://www.newstrike.ca
Warrant Symbol - HIP.WT
Number Trading - 69,701,500
Expiration Date - February 28,
2020
Cusip - 652508 12 8
Exercise Price - $1.75
Warrants called to trade news:
Newstrike warrants amended due to Hexo share rollback
2021-04-12 14:58 ET - Miscellaneous
Further to the TSX Venture Exchange bulletin dated May 28, 2019, the exchange
has been advised that Hexo Corp. has consolidated its capital on a
one-new-for-four-old basis as of Dec. 23, 2020.
As a result of the consolidation, the exchange would like to remind that the
existing series of warrants (HIP.WT.A) of Newstrike Brands Ltd., currently
listed on the TSX Venture Exchange, have been subject to adjustment.
As a result of the adjustment, the number of common shares subject to the right
of purchase under each Newstrike warrant was adjusted to 0.01583 of a Hexo share
and each warrant is now exercisable at the exercise price of $1 to acquire
0.01583 of a Hexo share.
For illustrative purposes: following the consolidation, a warrantholder holding
100,000 warrants now holds subscription rights under the warrants to acquire
1,583 Hexo shares for an aggregate exercise price of $100,000 (100,000 times $1)
(or a price of $63.17 per share).
The Newstrike warrants are exercisable until June 19, 2023.
© 2022 Canjex Publishing Ltd. All rights reserved.
Newstrike Resources
69,701,500-unit prospectus
offering
2018-02-27 17:36 MT - Prospectus
Approved
Warrant exercise price/term:
Each warrant entitles the holder
to acquire one common share at a
price of $1.75 per common share
for a period of two years.
For further information, refer
to the company's short form
prospectus dated Feb. 12, 2018,
filed on SEDAR.
Commencement date: At the
opening on Wednesday, Feb. 28,
2018, the warrants will commence
trading on the TSX Venture
Exchange.
Capitalization: 69,701,500
warrants issued and outstanding
Trading symbol: HIP.WT
Cusip No.: 652508128
© 2018 Canjex Publishing Ltd.
All rights reserved.