Newstrike Capital Announces Strategic Advisors

VANCOUVER, BRITISH COLUMBIA, Nov 09 (MARKET WIRE) --
Newstrike Capital Inc. (NEX: NES.H) (the "Company") -
www.newstrikecapital.com - announces today the appointment of John
Morganti and George Brack as advisors to the Company. Messrs. Morganti
and Brack will be actively assisting the Company's Board of Directors in
connection with a strategic review of the Company's significant mineral
properties in the State of Guerrero, Mexico.

Mr. Richard Whittall, Newstrike's CEO, noted, "We are fortunate to be
working once again with John Morganti and George Brack, both of whom
possess formidable mining credentials and truly understand the
exploration potential of our Company's properties. The Guerrero Gold Belt
is an exciting place to be and we look forward to their advice in
charting a course of action."

John Morganti

John Morganti (P. Geo., Ph.D.) is currently President of Morganti
Advisers Inc., a company specializing in advising mining and exploration
companies on strategy, evaluation, investor relations, exploration and
financing issues, which are critical to rational growth and maximizing
shareholder value of those companies.

Over the past 35 years, Dr. Morganti has worked at Teck, Placer Dome,
Silver King Mines, David Lowell Consultants and with consulting firms
working in Alaska. In addition, he has been a director of Canadian and
Latin American public companies.

At Teck Corporation and its successor companies, Dr. Morganti has held
office as Vice-President, Gold, Vice-President, Evaluations, Director,
Precious Metals, Director, Project Development. Before his retirement
from Teck in 2009 Dr. Morganti was Director, Market Analysis and reviewed
new commodities-based industries and strategic issues for Teck.

Previous to joining Teck, Dr. Morganti worked with Placer Development and
its successor Placer Dome. At Placer he held office as Manager, Project
Development, Evaluation Engineer in the Project Development Department
and Manager, Exploration Eastern Canada. With the opening up of the world
to mineral development in the 1990s, he was Vice-President, Europe,
Africa, Middle East and South East Asia, and was based in Miami and
London, England.

Dr. Morganti has participated in a number of teams which discovered new
mineralization from grassroots programs, which moved projects from
initial discovery to feasibility stage, which developed mines in North
America and Australia and which managed acquisitions of projects, mines
and companies. At Placer Dome, he was instrumental in initiating the
concept of MinEx/CampEx at eastern Canadian mines. This concept led to
new finds at the Dome Mine, Detour Lake and Campbell Red Lake mines and
was used to find new gold deposits at mines in Nevada and Australia.

George Brack

Mr. Brack's 25-year career in the mining industry has focused on
investment banking and corporate development, specifically identifying,
evaluating, and executing strategic mergers and acquisitions, and the
provision of equity financing. Most recently Mr. Brack acted as the
Managing Director and Industry Head, Mining Group, of Scotia Capital.
Prior to joining Scotia Capital in 2006, Mr. Brack spent seven years as
President of Macquarie North America Ltd., an investment banking firm
specializing in merger and acquisition advice. Previous to that, Mr.
Brack was Vice-President, Corporate Development at Placer Dome Inc., was
Vice-President of the investment banking group at CIBC Wood Gundy, and
worked in Rio Algom's Corporate Development department. Mr. Brack
currently serves as a director of Alexco Resource Corp., Capstone Mining
Corp., Geologix Exploration Inc. and Red Back Mining Inc.

Mr. Brack holds a BA. Sc. in Geological Engineering from the University
of Toronto, an MBA from York University, and the CFA designation.

About Newstrike (NEX: NES.H)

Newstrike Capital Inc. is a gold-silver focused explorer, targeting known
and historic mining districts in Mexico. Current management and directors
co-discovered Goldcorp's & Teck's significant discoveries in Guerrero
Gold Belt in Guerrero State, currently in advanced stages of exploration
and production.

Newstrike holds a 100% interest in certain exploration properties in
Mexico located within two established mining districts; the gold bearing
oxidized iron skarn-porphyry camp of the Guerrero Gold Belt, and the
polymetallic Ag-Au-Cu rich epithermal camp of the mining districts of
Oaxaca State.

Contacts:
Newstrike Capital Inc.
Richard O'C. Whittall
Chief Executive Officer
604.604.4654
Website: www.newstrikecapital.com
Blogsite: http://newstrikecapital.com/blog

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