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Pharmacorp Rx Inc
Symbol PCRX
Shares Issued 174,081,659
Close 2026-05-01 C$ 0.49
Market Cap C$ 85,300,013
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Pharmacorp Rx closes acquisition of pharmacy files

2026-05-01 19:03 ET - News Release

Mr. Alan Simpson reports

PHARMACORP COMPLETES ACQUISITION OF PHARMACY FILES IN WESTERN CANADA

Pharmacorp Rx Inc. has completed its acquisition from an arm's-length vendor of the prescription files, patient records and related operational data of a pharmacy located in the same community as one of Pharmacorp's existing PharmaChoice-bannered pharmacies in Western Canada. The purchase price for the acquisition was $300,000, subject to customary adjustments, and was satisfied with cash on hand. No finders' fees were payable in connection with the acquisition.

The acquisition does not include the purchase of the target's corporate entity, fixtures or other operating assets. Following completion, all patient files will be transferred to, and serviced by, Pharmacorp's existing pharmacy in the community.

"This transaction reflects our disciplined approach to growth and our focus on strengthening patient care in the communities we serve," said Alan Simpson, executive chair of the board of Pharmacorp. "By integrating these pharmacy files into our existing pharmacy, we enhance operational efficiency while ensuring continuity of care for local residents."

Pharmacorp continues to pursue disciplined growth through acquisitions that enhance operational efficiency and long-term value for shareholders. The corporation remains focused on evaluating and executing on a range of opportunities, including pharmacy file acquisitions of this nature, where they are strategically and financially accretive and complement its existing pharmacy footprint.

About Pharmacorp Rx Inc.

Pharmacorp is a Canadian pharmacy acquisition and ownership platform focused on empowering pharmacists as equity partners and supporting succession for retiring pharmacy owners. Through a combination of capital, strategic support and operational expertise, Pharmacorp is building a national network of community pharmacies under the PharmaChoice Canada banner. Pharmacorp currently operates six PharmaChoice Canada bannered pharmacies, reflecting the planned integration of the two Western Canada locations acquired on Oct. 1, 2025, and will continue to acquire both PharmaChoice Canada bannered and independent pharmacies across Canada, rebranding non-bannered locations under the PharmaChoice Canada platform in accordance with its partnership with PharmaChoice Canada. Pharmacorp shares trade on the TSX Venture Exchange under the symbol PCRX.

Pharmacorp actively welcomes discussions with pharmacy owners considering succession or sale.

We seek Safe Harbor.

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