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We have seen a number of MJ Co's turn just now.
Newstrike Resources Ltd name changed to Newstrike Brands Ltd
http://otce.finra.org/DailyList
So umm hip is still a good stock? Ive talked about its demise since i sold at 3 and its still going down.
When is the name change??
Outstanding Shares
388,834,386
06/30/2017
Wow , this is not my idea of Ka Boom !
Newstrike to Make Strategic Investment in Retail Distribution
https://finance.yahoo.com/news/newstrike-strategic-investment-retail-distribution-110000838.html?.tsrc=applewf
You're right, I sold 75% at 84 cents and I'm absolutely killing it with KL, that I bought in it's stead.
You really ought to be here with me -- it's worth it!
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Not only is this stock CHEAP right now, but it pays a dividend!!! It will double from it's price right now and I bought another 500 this morning at $17.30 and as I said, I'm making a fortune. I bought my original investment at $14.10.
Take a look!
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Kirkland Lake Gold Identifies Potential New Source of Gold Production in Northern Territory of Australia https://seekingalpha.com/article/17146482?source=ansh $KL
The Company appears to be on the ropes.....
Body reeling from punches thrown.
I dunno.
I like it as well. Got in early, before the run up, sold, and have now bought back in. Nice little stock, and prime pickin' for an acquisition. I believe I will hold long ish now .
I like this one. Under radar in Canada
IMO it is a good stock. I continue to do well with this one.
I Agree looking forward to it
Maybe by Friday and maybe next -- but I am comfortable with all of my MJ portfolio. This should be a good year.
And u know this....cuz??
All Mj sector should climb up by Friday and end strong. Everything taking a few bad days
No it because acb didn’t want them. Newstrike voted for the deal overwhelmingly lol. Man don’t you read the news. Wow. You spread your false lies else where.
Lol that’s why the deal was never completed. If your a none believer spread your fear els were.
No lies the info is all via pr from company 8ks and so on
Nope. Look at that terrible deal with Cannimed before the only shareholders it would have benefited is ceo and tragically hip because they got the shares free to begin with. And screw retail. It’s only a matter of time before he pulls this same stunt again.
Lol don’t spread lies. This is a real company and companies that have produced less at current production rates are doing better. This is only the start all these companies are in the building process. Your perspective is wrong imo and is misleading.
Not to mention going into legalization they have only 2500 kg of supply lol wow that’s going to pay the bills. They don’t starting seeding in there new facilities maybe depending on health Canada saying the plant is ready. till q 2. They missed the boat here big league
This stock is worth .50 cents no more
This company is absolutely horrendous first they try and scam retail shareholders with a merger that would result in reversing on retail. Then that falls through then the ceo. Takes on massive debt with terrible dilutive finance terms. Lol
Even the bnn news caster can’t hide how shitty he thinks this ceo is. https://www.bnn.ca/video/ceo-of-newstrike-resources-on-getting-dumped-by-cannimed~1312059
All this ceo wants to do is sell out again to a bigger player and reverse on retail. And it didn’t matter for the tragically hip or him because they got free shares majority interest anyway lol only a fool would buy this. Don’t get con buy this scamy poor business planner.
Huge capital influx with latest deals:
Free $14.1 Million:
http://www.marketwired.com/press-release/-2244997.htm
And Upwards of $92 Million:
http://www.marketwired.com/press-release/newstrike-resources-ltd-announces-upsize-previously-announced-bought-deal-financing-tsx-venture-hip-2245018.htm
WE ARE GROWING!!!! FAST!
https://www.potnetwork.com/news/newstrike-gets-keep-ring-after-being-jilted-cannimed
A bit top heavy.
Outstanding Shares 388,834,386 a/o Jun 30, 2017
Nope won’t go to that
Dats the most silly news:)
Breaking news:ICC has deal to sell Ice to Eskimos...ha ha...rediculi
easy money. even if it drops a bit if we have patients it will return in no time. IMO this will be back at 3 in no time.
I added at bargain $1.08. I see this one tripling or more from here this year. It fell with Aurora today. Gonna hang on and hope I am right.
ICC Labs BIG NEWS! ICC.v ICCLF taking over the South American market for #cannabis #marijuana https://mobile.tmxmoney.com/quote/readnews/?id=8623696137707314&symbol=ICC
Sure looks like some others did?
$$$92,000,000. Worth.
All Canadian MJ growers are going up by July... IMO
Actually Now 80, or 92 Million. Super Bullish!
https://marijuanaindex.com/industry-news-item/?newsId=6645082085393357&headline=Newstrike-Resources-Ltd-Announces-Upsize-of-Previously-Announced-Bought-Deal-Financing-to-80-million
Newstrike Resources Ltd. Announces $50 Million Bought Deal Financing
24 Jan 2018 15:25 ET
Marketwire Canada
TORONTO, ONTARIO--(Marketwired - Jan. 24, 2018) -
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Newstrike Resources Ltd. (TSX VENTURE:HIP) ("Newstrike" or the "Company") is pleased to announce that it has entered into an agreement with a syndicate of underwriters (the "Underwriters") co-led by INFOR Financial Inc. and Cormark Securities Inc. pursuant to which the Underwriters have agreed to purchase 39,000,000 units (the "Units") of the Company on a "bought deal" basis pursuant to a short form prospectus to be filed, subject to all required regulatory approvals, at a price per Unit of $1.32 (the "Issue Price") for gross proceeds of $51,480,000 (the "Offering").
The Company has agreed to grant the Underwriters an over-allotment option to purchase up to an additional 15% of the Units at the Issue Price, exercisable in whole or in part, at any time on or prior to the date that is 30 days following the closing of the Offering. If this option is exercised in full, an additional $7,722,000 will be raised pursuant to the Offering and the aggregate proceeds of the Offering will be $59,202,000.
Each Unit will be comprised of one common share of the Company (a "Common Share") and one common share purchase warrant (a "Warrant"). Each full Warrant shall entitle the holder thereof to purchase one additional Common Share at an exercise price of $1.75, for a period of 24 months following the closing of the Offering.
The Company intends to use the proceeds of the Offering to fund strategic growth opportunities and for general and corporate purposes.
In addition to a cash commission, the Underwriters will be receiving compensation warrants exercisable into Units with an exercise price equal to the Offering Price.
The closing date of the Offering is scheduled to be on or about February 14, 2018 and is subject to certain customary conditions, including the receipt of all necessary approvals, the approval of the TSX Venture Exchange and the approval of applicable securities regulatory authorities.
The Units will be offered by way of a short form prospectus to be filed in all of the provinces of Canada, except Quebec, pursuant to National Instrument 44-101 - Short Form Prospectus Distributions. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the "1933 Act", and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act, as amended, and applicable state securities laws.
About Newstrike
Newstrike is the parent company of Up Cannabis Inc., a licensed producer of cannabis that received its cultivation license on December 19, 2016, and was granted an amendment to begin sales on January 5, 2018. Up Cannabis is in turn the parent company of Up Cannabis Niagara Inc. Newstrike, together with its strategic partners, including Canada's iconic musicians The Tragically Hip, is developing a diverse network of high quality cannabis brands. For more information visit www.up.ca or www.newstrike.ca
Notice Regarding Forward Looking Statements
This news release contains forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Newstrike to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These forward-looking statements include, but are not limited to, statements relating to Newstrike's expectations with respect to the production capacity of cannabis, expansion plans and approvals and timing thereof. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "estimates", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this press release. Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward-looking statements contained in this news release are made as of the date of this release and, accordingly, are subject to change after such date.
Newstrike does not assume any obligation to update or revise any forward-looking statements, whether written or oral, that may be made from time to time by us or on our behalf, except as required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Newstrike Resources Ltd.
Jay Wilgar Chief Executive Officer Newstrike Resources Ltd. 289-681-4436
© 2018 Nasdaq, Inc. All rights reserved.
MT Newswires Click for Restrictions.
Companies Mentioned
Symbol Last Change Volume
HIP 1.47 -0.35 30,014,348
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as of Jan 24, 2018 15:04 ET
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