Newstrike Releases Interim Financial Results for Period Ended June 30, 2017

TORONTO, ONTARIO--(Marketwired - Sept. 7, 2017) - Newstrike Resources Ltd. (TSX VENTURE:HIP) ("Newstrike" or the "Company") filed its unaudited Financial Statements and Management's Discussion & Analysis (collectively, the "Interim Financial Statements") for the period-ended June 30, 2017, on September 5, 2017. Copies of the Interim Financial Statements are available at www.sedar.ca.

Furthermore, the cease trade order issued by the Ontario Securities Commission has been revoked, and the Company is advised that its common shares will resume trading on the TSX Venture Exchange at the open of markets on Friday, September 8, 2017.

About Newstrike:

Newstrike is the parent company of Up Cannabis Inc., a licensed producer of medical cannabis based in Brantford, Ontario that received its cultivation license on December 19^th, 2016.

Newstrike, through its ownership of licensed producers, intends to develop a diverse network of high quality cannabis brands.

For more information visit www.newstrike.ca.

Forward-Looking Information:

This press release contains forward-looking information based on current expectations, including statements with respect to the resumption of trading of the common shares of Newstrike. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements, including the timing of the resumption of trading. Although such statements are based on management's reasonable assumptions, there can be no assurance that they will remain in force as described above. Newstrike assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law.

Neither 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.