January 24, 2018 / 8:33 PM / a year ago

BRIEF-Newstrike Resources Announces $50 Million Bought Deal Financing

Jan 24 (Reuters) - Newstrike Resources Ltd:

* NEWSTRIKE RESOURCES LTD. ANNOUNCES $50 MILLION BOUGHT DEAL FINANCING

* NEWSTRIKE RESOURCES LTD - ENTERED AGREEMENT WITH UNDERWRITERS WHERE UNDERWRITERS AGREED TO BUY 39 MILLION UNITS OF CO ON A BOUGHT DEAL BASIS

* NEWSTRIKE RESOURCES - ‍INTENDS TO USE PROCEEDS OF OFFERING TO FUND STRATEGIC GROWTH OPPORTUNITIES​ Source text for Eikon: Further company coverage:

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