The Global Resource For Connecting Buyers and Sellers

Newstrike Resources Ltd. and HPI Holdings Ltd. Complete Business Combination

TORONTO, ONTARIO–(Marketwired – May 29, 2017) – Newstrike Resources Ltd. (TSX VENTURE:NR) (“Newstrike” or the “Company“) is pleased to announce that it has closed its previously announced business combination (the “Transaction“) with HPI Holdings Ltd. (“HPI“) pursuant to the master agreement entered into between Newstrike, HPI and 2559595 Ontario Inc. (“Subco“) as of February 3, 2017, as amended (the “Master Agreement“). The common shares of Newstrike (“Newstrike Shares“) are expected to commence trading on a post-closing basis on the TSX Venture Exchange at the open of markets on Thursday, June 1, 2017, under the new symbol “HIP”.