Nov 15 (Reuters) - Cannimed Therapeutics Inc CMED.TO
* CANNIMED ACKNOWLEDGES AURORA PRESS RELEASE AND ANNOUNCES EXCLUSIVITY AGREEMENT AND INTENTION TO ACQUIRE NEWSTRIKE RESOURCES LTD.
* AT THIS TIME, BOARD HAS NOT RECEIVED A FORMAL WRITTEN OFFER FROM AURORA
* BOARD, IN CONSULTATION WITH FINANCIAL AND LEGAL ADVISORS INTENDS TO REVIEW TERMS SET OUT IN AURORA PRESS RELEASE
* IS IN ADVANCED DISCUSSIONS TO BUY NEWSTRIKE RESOURCES AT EXCHANGE RATIO OF 0.033 CANNIMED SHARES PER NEWSTRIKE SHARE