Northwire Canada EditionSunday, October 18, 2026
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GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0% GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0%
Financings

PharmaCorp Announces C$15 Million Bought Deal Public Offering

PCRX · Price

Executive Summary

  • PharmaCorp Rx Inc. announced a bought‑deal private placement of 35.7 million units at C$0.42 per unit, targeting gross proceeds of approximately C$15.0 million.
  • Each unit consists of one common share and half of a common‑share purchase warrant (full warrant exercisable at C$0.50 for 24 months).
  • Net proceeds are earmarked for future pharmacy acquisition opportunities and general working capital; the closing is expected around November 12, 2025, subject to regulatory approvals.

Key Details

  • Units Offered: 35.7 million units (each = 1 common share + ½ warrant)
  • Offering Price: C$0.42 per unit
  • Gross Proceeds: Approximately C$15.0 million
  • Underwriters: Syndicate co‑led by Canaccord Genuity Corp. and Acumen Capital Finance Partners Ltd. (bought‑deal basis)
  • Warrant Terms: Whole warrant gives right to purchase one common share at C$0.50; warrants exercisable for 24 months from the Closing Date.
  • Over‑Allotment Option: Up to an additional 15 % of units may be purchased by the underwriters within 30 days post‑closing, at the same price, for market stabilization.
  • Closing Date: Expected on or about November 12, 2025, pending TSX Venture Exchange and other regulatory approvals.
  • Use of Proceeds: Primarily to fund future pharmacy acquisitions and for general working capital requirements.
  • Prospectus Documentation: Units will be offered via a prospectus supplement attached to the Company’s short‑form base shelf prospectus dated October 14, 2025; filings available on SEDAR+.

Notable Quotes

(No executive quotes were included in the release.)

Read the original news release →

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