Newstrike Capital Inc.

Newstrike Capital Inc.

May 22, 2009 11:16 ET

Newstrike Closes Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 22, 2009) - Newstrike Capital Inc. (NEX:NES.H) ("Newstrike" or "the Company") is pleased to announce that it has completed a non-brokered private placement originally announced on March 31, 2009. The Company raised $400,000 through the issuance of 4,000,000 common shares at a price of $0.10 per share. The proceeds will be used for general working capital.

The common shares being issued are restricted from trading until September 22, 2009, as required by TSX Venture policies and securities legislation.

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.

Contact Information

  • Newstrike Capital Inc.
    Mr. Richard Whittall
    President & CEO